Probably everything they’ve spent on legal and financial advice! They’d be in breach of their NDA
well they could leak it to our James
That stopped when Keith Harris came along, although I did get a little message last Saturday. I’d be slaughtered by you lot if I posted it. It’s just not worth it, and it doesn’t take us anywhere new. But clearly Roland doesn’t consider Aussies to be foreigners.
Btw @AFKABartram was right when he said if you repeat something often enough people start believing it (or words to that effect) - hence this Millwall bootboy is trying keep his head down.
What have the aussies got to lose by giving out an update of where they stand!!!
This. They don't need to go into the financial details. Just a snap shot of how negotiations have been conducted.
Roland has made no secret that the Aussies have been at the table. Has he not broken it already?
Not by saying they’re at the table.
Basically the Aussies don’t have much to gain from breaking their NDA, and everything to lose. The tiny bits of info I heard and passed on went down like a lead balloon anyway. I think Harris said ‘no more’, and that was that. It’s frustrating for everyone though I know.
Apologies if this has already been covered but it seems to me that the Aussies agreed a price. They now realise that the agreed price wasn't agreeable to others in their party.
This now means they don't have an agreed price.
If Douchbag doesn't want to reduce his price because he thinks he's going to get it when the Aussies find enough poor sods to agree to it then the Aussies are effectively out. They wont proceed at the price Douchbag wants and Douchbag won't reduce to their price.
If this is the case then why don't the Aussies tell the whole world "we're out"?
At least then there's no one else who has agreed to Douchbags ridiculous price and he will have to reduce in order to sell.
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
Apologies if this has already been covered but it seems to me that the Aussies agreed a price. They now realise that the agreed price wasn't agreeable to others in their party.
This now means they don't have an agreed price.
If Douchbag doesn't want to reduce his price because he thinks he's going to get it when the Aussies find enough poor sods to agree to it then the Aussies are effectively out. They wont proceed at the price Douchbag wants and Douchbag won't reduce to their price.
If this is the case then why don't the Aussies tell the whole world "we're out"?
At least then there's no one else who has agreed to Douchbags ridiculous price and he will have to reduce in order to sell.
The real question is, why doesn't RD go back to The previous bidders that The aussies outbid?
I find it interesting (if true) that there have been offers for the club without the land (not that I want them separated, of course.)
To me, one of the big problems associated with Grapevine's idea would be finding someone who wanted to have just the responsibility for the club, to go with a fan led purchase of the land.
Obviously there are still people who think they can see a way to run the club without bankrupting themselves.
So why then, if RD only wants to sell everything, has he only demanded the EFL take the club and rent the ground? Even though it's a non starter idea, I guess this would be an exception? Or is it also more proof they are just making this crap up as they go along, constantly contradicting themselves in the process....
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
Not to shoot the messenger but what are they waiting for in that case?
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
Not to shoot the messenger but what are they waiting for in that case?
For him to see sense and lower the price.
What I don't get is why LDT was so confident that a deal was done and Jim White was saying he's gone?
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
Not to shoot the messenger but what are they waiting for in that case?
Probably since then he has been selling players & also leavin the ones we have without any contracts of any sorts,the agreed price has probably been pulled off the table under them circumstances & they are trying to get him lower on them terms...but yep this is Roland...
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
Not to shoot the messenger but what are they waiting for in that case?
Probably since then he has been selling players & also leavin the ones we have without any contracts of any sorts,the agreed price has probably been pulled off the table under them circumstances & they are trying to get him lower on them terms...but yep this is Roland...
oh n to add I am not ITK...😉
"I've done all the hard work of flogging the best players, that will be an extra 200k"
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
Not to shoot the messenger but what are they waiting for in that case?
Why wouldn’t they RR? They’ve spent an enormous amount of money, much of it on lawyers, to sort out historical ownership issues, due to RD’s avoidance of DD.
They’ve got their bid in, at the price they think is fair, that leaves them funds for improving the club’s position.
So they’ve nothing to gain by pulling out now. There’s also nothing to prevent others coming in with their own bids.
Duchatelet is now proven to be unpredictable and irrational. The Aussies aren’t, as far as I can tell. That’s why I think they are more likely to be behaving correctly than Roland (imho). GM has dropped hints that they’re up against .... well I’ll just say, ‘difficulties’ not of their making. I got a text today that sort of confirms that.
The Aussies might be sensible owners who would build slowly, but if some Middle Eastern royal personage came in with bottomless pockets I’m sure that would be something that would appeal to many Charlton fans looking for success.
I’m not asking anyone to get behind their bid or anything. And if good owners came along and bought the club ahead of them, that would be fine by me, despite losing my well-cushioned seat in the directors’ box, with extra legroom.
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
I could have likened this to tactics buyers use when making an offer for a house, but think we have been there!
I think an owner with deep pockets would be preferable to one with "bottomless" pockets. We had one of those before Roland took over. The problem with bottomless pockets is that the kash eventually runs out.
I think an owner with deep pockets would be preferable to one with "bottomless" pockets. We had one of those before Roland took over. The problem with bottomless pockets is that the kash eventually runs out.
More likely to be brought by a Pocket-less Bottom !
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility?
Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club.
I think it’s time The I think it’s time the Aussie consortium pulled out Then I think it’s time to ramp up the protests both home and In Belgium
Would be quite funny if the protests worked, and Roland decided to sell. Only the Aussies had just pulled out after receiving advice from a pussycat on CL!
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility?
Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club.
Bit of a Catch 22.
I sort of agree with your second point but not you questioning the first.
A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing!
There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.
Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility?
Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club.
Bit of a Catch 22.
I sort of agree with your second point but not you questioning the first.
A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing!
There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.
Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.
"There is no strength in hanging around saying nothing when the price is not acceptable"
And there's the rub.
According to even LDT they have been talking on a regular basis. According to Jim White, Richard Murray, Airman Brown and others a deal has been close multiple times.
They appear to have been saying a lot but Duchatelet clearly isn't listening.
In his mind there was a negotiation and that is it. To every one else he is bonkers and is asking too much.
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility?
Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club.
Bit of a Catch 22.
I sort of agree with your second point but not you questioning the first.
A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing!
There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.
Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.
I genuinely get many of the points people are making. But I agree with your last point in particular. Normal rules don’t apply!
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility?
Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club.
Bit of a Catch 22.
I sort of agree with your second point but not you questioning the first.
A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing!
There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.
Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.
Yep, bobmunro has put it much better than perhaps I did in my original note. You indicated earlier on James that the Aussies aren't looking to raise extra funds to meet his asking price. Maybe if they sit in there long enough they will wear RD down, only time will tell. However, I think they would be playing a better hand if they made a show of being prepared to walk away. Am I being harsh in saying "they don't feel like credible buyers"? Lord knows!
The bottom line is he has to reduce the price if he wants to sell the club. The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that. I’m not ‘toeing the party line’ on this one, I know.
So James, presumably both LDT and RD are fully aware of this? I mean we have all been assuming for some time that the Aussies either don't have the necessary funds or else don't have the appetite to buy at RD's asking price. In which case why do both RD and LDT continue to say a price has been agreed and LDT continues to say he is in regular touch with the Australian consortium? For what purpose?
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or 2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
Your guess is as good as mine. Probably better. But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
The only benefit is that if they are really interested in investing in English football they can draw a line under this one and move on.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
Any buyer who puts in a sensible bid for the club, and doesn’t withdraw when the bid is rejected, lacks credibility?
Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club.
Bit of a Catch 22.
I sort of agree with your second point but not you questioning the first.
A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing!
There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.
Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.
Yep, bobmunro has put it much better than perhaps I did in my original note. You indicated earlier on James that the Aussies aren't looking to raise extra funds to meet his asking price. Maybe if they sit in there long enough they will wear RD down, only time will tell. However, I think they would be playing a better hand if they made a show of being prepared to walk away. Am I being harsh in saying "they don't feel like credible buyers"? Lord knows!
Who knows. Certainly not me.
I only know that dealing with Roland is not straightforward. I also know that in order to walk away to make him to drop the price you’d have to hope that’d he’d act like a rational person. But he isn’t.
Shocking that we’re now hoping the EFL, of all people, will come to our rescue.
Comments
Basically the Aussies don’t have much to gain from breaking their NDA, and everything to lose.
The tiny bits of info I heard and passed on went down like a lead balloon anyway. I think Harris said ‘no more’, and that was that.
It’s frustrating for everyone though I know.
This now means they don't have an agreed price.
If Douchbag doesn't want to reduce his price because he thinks he's going to get it when the Aussies find enough poor sods to agree to it then the Aussies are effectively out. They wont proceed at the price Douchbag wants and Douchbag won't reduce to their price.
If this is the case then why don't the Aussies tell the whole world "we're out"?
At least then there's no one else who has agreed to Douchbags ridiculous price and he will have to reduce in order to sell.
The Aussies aren’t trying to raise extra funds to meet his asking price in case anyone thinks that.
I’m not ‘toeing the party line’ on this one, I know.
Any ideas @Redhenry
What I don't get is why LDT was so confident that a deal was done and Jim White was saying he's gone?
What changed?
oh n to add I am not ITK...😉
They’ve got their bid in, at the price they think is fair, that leaves them funds for improving the club’s position.
So they’ve nothing to gain by pulling out now.
There’s also nothing to prevent others coming in with their own bids.
Duchatelet is now proven to be unpredictable and irrational. The Aussies aren’t, as far as I can tell. That’s why I think they are more likely to be behaving correctly than Roland (imho). GM has dropped hints that they’re up against .... well I’ll just say, ‘difficulties’ not of their making. I got a text today that sort of confirms that.
The Aussies might be sensible owners who would build slowly, but if some Middle Eastern royal personage came in with bottomless pockets I’m sure that would be something that would appeal to many Charlton fans looking for success.
I’m not asking anyone to get behind their bid or anything. And if good owners came along and bought the club ahead of them, that would be fine by me, despite losing my well-cushioned seat in the directors’ box, with extra legroom.
We are being spun a yarn by LDT that a price has been agreed and either there are a few things to be sorted out around the payment structure, or else waiting for the Aussies to submit paperwork to the EFL. In the absence of any communication from the Australians to the contrary, it would appear neither of those things are actually being progressed.
Seems to me they have two options:
1. Just sit there in the hope RD may eventually cave in and reduce his price or
2. Try to move things along by telling RD they are prepared to walk away by X date if a lower price cannot be mutually agreed
If they are employing tactic no. 1, that truly could be a long game with no certainty of success. Given the passage of time if they are really that interested in buying the club, I would have expected them by now to have resorted to no. 2, which allows them to move on to other things if RD won't budge.
But as they have other business interests they don’t benefit by withdrawing in the the event of RD calling their bluff in scenario 2.
Given the length of time they have supposedly been working on this, they just don't feel like credible potential buyers and am not sure why LDT or RD would feel they are - except perhaps it allows them to justify their asking price to other potential buyers.
I know this is all old ground we have covered many times around on here, but would just be nice to flush out some real information.
Could also be the reason why Katie left in a hurry?
Any buyer who comes in and buys the club at the hyper inflated price Roland is asking also lacks credibility, because he doesn’t know the true value of the club.
Bit of a Catch 22.
Only the Aussies had just pulled out after receiving advice from a pussycat on CL!
I sort of agree with your second point but not you questioning the first.
A potential buyer has completed DD and subsequently assessed the fair market value of the asset. The seller says he wants more (likely much more). If the potential buyer doesn't say something like "On that basis we will therefore need to withdraw our interest", the seller could legitimately assume that a stand-off exists and wait to see who blinks. If the buyer has walked away the seller knows not to wait for a blink that isn't coming! So he moves on to another potential buyer or runs after the first bidder blinking like very blinking thing!
There is no strength in hanging around saying nothing when the price is not acceptable - the strength is in walking away. The DD is done and if the seller comes back saying ok then, the potential buyer has lost nothing in terms of position.
Of course you have to factor in to the above analysis the fact that the seller is as mad as a box of frogs.
And there's the rub.
According to even LDT they have been talking on a regular basis. According to Jim White, Richard Murray, Airman Brown and others a deal has been close multiple times.
They appear to have been saying a lot but Duchatelet clearly isn't listening.
In his mind there was a negotiation and that is it. To every one else he is bonkers and is asking too much.
But I agree with your last point in particular.
Normal rules don’t apply!
I only know that dealing with Roland is not straightforward.
I also know that in order to walk away to make him to drop the price you’d have to hope that’d he’d act like a rational person. But he isn’t.
Shocking that we’re now hoping the EFL, of all people, will come to our rescue.