Personally, based on no evidence beyond what's out there, I am losing heart over this. Yes there will be a change at some point, but not now soon enough to influence this season, and for me to buy season tickets again. I expect the changes in the transfer window will be Konsa and Doodoo out. RCC, Umerah, and Hanlan back. Leon Best extended. The return of presently injured players to be hailed as new signings (soon to be replaced by other injuries) and possibly one reasonable player loaned in to replace Konsa. Whether all that is good enough I have my doubts about, I hope I am wrong anyway, but I expect a dreary and unexciting future as this season dribbles away. We might pull it off of course, but it is more of a gamble than a game plan.
"Is Murray actively telling people that nothing is happening then?"
Not spoken to him but if there is a takeover underway then there will also be a NDA in place so RM and anyone else involved at the club (Joyes, Meire, Keohane, Duchatelet) aren't going to confirm anything anyway.
So a Takeover is not imminent. If Duchatelet won't be realistic on agreeing a price we are stuck with him for a lot longer. I must say I am heartily sick and tired of the will he won't he sell. To keep on raising people's hopes and then dashing them is unfair on Charlton fans that want rid of him. I only want to know when the Takeover is signed sealed and delivered. I too am with Seth and I think that RD will sell Konsa get rid of Dodoo and bring the youngsters back from their Loan spells. We might get a loan in from a Premiership Club. It will be interesting to see what will happen if we get bids for Fosu, Holmes etc.
This is by far the closest he has ever been to selling the club. Sooner or later he's going to have to budge on price and accept his and KM's incompetence has cost him millions.
if Roland is still here in January then I expect us to sell a couple of players at least and KR won't get a penny to spend. If so then we may scrape into the play-off's but that is the most we can hope for.
At the moment we are getting mixed signals about whether a sale is close or has stalled and there is only one person in control of when, or if, it happens but at least we all know now that he is wanting to sell and at some point he will. It might just be a longer wait then most of us want.
I can't see him selling off the likes of Konsa if he is willing to sell the club, its only going to drive his asking price further down, think Konsa will be worth more in the summer than in Jan too
Different interested parties would do their own due diligence, so it is possible for it to be complete and yet to start.
And just because that process is complete doesn't mean the deal is done or dead, as you'd expect haggling and posturing based on the results.
I haven't spoken to Murray but from what I'm told he is casting doubt on outcomes not the process or the existence of interested parties.
We have actually travelled quite a long way from the claim that the club was "not for sale", which was still being asserted recently in some quarters. There is now a broad consensus that it is very much for sale - which even includes Doucher.
The Red Robin 10:34AM Will he be allowed to sell players if they've completed / under due diligence with a potential buyer?
I expect this is one of the stumbling blocks in regards to the Value. Roland will want to try and sell Konsa to get the money and (more importantly) the sell on fee attached to any deal.
Look at Batishuyi at Chelsea. When Roland owned Standard he sold him to (i think) Marseille for a fee with a large sell on fee (25% i think). The when Chelsea bought him for £40 million, Roland pocketed £10 Million just from the sell on fee due to the terms of the agreement (from what i read in the papers and i think on here)
I can only assume this will be the same case for Lookman, Gomez, Harriott, JBG, Pope and the eventual sale of Konsa. Charlton won't see the Sell on Fee if they are sold on, Roland will get them all.
I can imagine that this has factored in to the Value the prospective buyers have in mind.
am i right @Airman Brown or am i making a Makienok out of it?
I go back to the view that if anyone is going to compensate Duchatelet for his mistakes, which is of itself an unreasonable expectation, the only realistic way to fund that is to get promoted to the Premier League, which is a punt for both sides. Is the problem then the bidder or the expectation?
The stumbling block I mentioned previously has now apparently been overcome. Resolution was reached after much work from the club side of things. They are pushing this, one could assume.
However, the work put in and the 'need to get this done' rhetoric plays heavily into the buying party's hands and they(the bidders) know it.
Would the owner be willing to take a derisory offer? Two years ago ( and the club WAS banded for sale back then) no. Today? Quite possibly.
Surely the day will come when Roland throws in the towel and accepts whatever is on the table. Whether that is in a year's time or a week's time only Roland will know, but I expect whenever that blessed day comes it will happen very quickly.
"Look at Batishuyi at Chelsea. When Roland owned Standard he sold him to (i think) Marseille for a fee with a large sell on fee (25% i think). The when Chelsea bought him for £40 million, Roland pocketed £10 Million just from the sell on fee due to the terms of the agreement (from what i read in the papers and i think on here)
I can only assume this will be the same case for Lookman, Gomez, Harriott, JBG, Pope and the eventual sale of Konsa. Charlton won't see the Sell on Fee if they are sold on, Roland will get them all. "
That would be third party ownership and so illegal
Sounds like Duchatalet now wants to cut and run before he loses anymore money and whilst a substantial deal is on the table, even though it doesn't meet his valuation.
Looks like something is finally happening imminently and soon.
Did he actually pay anything for the club or did he just inherit the debts ?
I just find it incredible that somebody can walk in run up millions of debt due to bad business practice (this includes you pinnochio) & then expects somebody else to pay for their mistakes.
He bought the existing debt, which is in the accounts as £18.6m, so the assumption is that he paid back to the spivs what they had borrowed and got the assets in return.
If any players are sold before completion, the asset value of the club will rise as the cash would be in excess of the player's book value and would reduce the accrued losses.
Only if RD uses the money to reduce his loan, so trousering the proceeds, would the club's value be negatively affected, but enhanced by reduced liabilities. The value of the club is probably the easiest thing agree but it has to be at a specific point in time. Deals will always have a lot of warranties to protect against financial dealings that select against the buyer until cash has changed hands and the buyer is control. Agreeing these final pieces are the things that delay completion even if a deal has been agreed in principle..
I imagine the rat wants to get a slice of the action on any increased valuations if we get promoted, perhaps by negotiating on his loan redemption. The buyer and the rat will need to agree how the agreed price changes if transfer fees are used to pay down his loan given it reduces asset value but also reduces liabilities. Cash is king, would the buyer give the rat a slice of future action in return for leaving transfer fees - cash - in the bank and writing off the loan, or part of it. Could even agree whether players will be sold or not. Pure speculation but could explain agreeing to sell the club and completing the deal might take months to be completed.
I know God created the World from nothing in 7 days, and @DOUCHER could sell a football club from nothing in 7 days, but Roland will take a bit longer while he does something to make sure he gets what he wants.
So he will only sell to investors with the clout to take us to the premier league so he gets his money back but won’t do that himself. The man is unbelievable!
Comments
Yes there will be a change at some point, but not now soon enough to influence this season, and for me to buy season tickets again.
I expect the changes in the transfer window will be Konsa and Doodoo out.
RCC, Umerah, and Hanlan back. Leon Best extended. The return of presently injured players to be hailed as new signings (soon to be replaced by other injuries) and possibly one reasonable player loaned in to replace Konsa.
Whether all that is good enough I have my doubts about, I hope I am wrong anyway, but I expect a dreary and unexciting future as this season dribbles away.
We might pull it off of course, but it is more of a gamble than a game plan.
Not spoken to him but if there is a takeover underway then there will also be a NDA in place so RM and anyone else involved at the club (Joyes, Meire, Keohane, Duchatelet) aren't going to confirm anything anyway.
"There has been due dilligance" Does this mean it's been and gone from that potential buyer?
I too am with Seth and I think that RD will sell Konsa get rid of Dodoo and bring the youngsters back from their Loan spells. We might get a loan in from a Premiership Club. It will be interesting to see what will happen if we get bids for Fosu, Holmes etc.
The plot Thickens
At the moment we are getting mixed signals about whether a sale is close or has stalled and there is only one person in control of when, or if, it happens but at least we all know now that he is wanting to sell and at some point he will. It might just be a longer wait then most of us want.
And just because that process is complete doesn't mean the deal is done or dead, as you'd expect haggling and posturing based on the results.
I haven't spoken to Murray but from what I'm told he is casting doubt on outcomes not the process or the existence of interested parties.
We have actually travelled quite a long way from the claim that the club was "not for sale", which was still being asserted recently in some quarters. There is now a broad consensus that it is very much for sale - which even includes Doucher.
10:34AM
Will he be allowed to sell players if they've completed / under due diligence with a potential buyer?
I expect this is one of the stumbling blocks in regards to the Value. Roland will want to try and sell Konsa to get the money and (more importantly) the sell on fee attached to any deal.
Look at Batishuyi at Chelsea. When Roland owned Standard he sold him to (i think) Marseille for a fee with a large sell on fee (25% i think). The when Chelsea bought him for £40 million, Roland pocketed £10 Million just from the sell on fee due to the terms of the agreement (from what i read in the papers and i think on here)
I can only assume this will be the same case for Lookman, Gomez, Harriott, JBG, Pope and the eventual sale of Konsa. Charlton won't see the Sell on Fee if they are sold on, Roland will get them all.
I can imagine that this has factored in to the Value the prospective buyers have in mind.
am i right @Airman Brown or am i making a Makienok out of it?
That's a bit concerning.
Reckon he would pretty much know what the Duchatelet would be looking for. Could this mean the bids are not up to much?
The stumbling block I mentioned previously has now apparently been overcome. Resolution was reached after much work from the club side of things. They are pushing this, one could assume.
However, the work put in and the 'need to get this done' rhetoric plays heavily into the buying party's hands and they(the bidders) know it.
Would the owner be willing to take a derisory offer? Two years ago ( and the club WAS banded for sale back then) no.
Today? Quite possibly.
I asked my mother
What who will it be
Will it be Roland?
Will it be Muir?
Here's what she said to me
Que sera, sera
Whatever will be, will be
The future's not ours to see
Que sera, sera
What will be, will be
I can only assume this will be the same case for Lookman, Gomez, Harriott, JBG, Pope and the eventual sale of Konsa. Charlton won't see the Sell on Fee if they are sold on, Roland will get them all. "
That would be third party ownership and so illegal
Looks like something is finally happening
imminentlyand soon.I just find it incredible that somebody can walk in run up millions of debt due to bad business practice (this includes you pinnochio) & then expects somebody else to pay for their mistakes.
Only if RD uses the money to reduce his loan, so trousering the proceeds, would the club's value be negatively affected, but enhanced by reduced liabilities. The value of the club is probably the easiest thing agree but it has to be at a specific point in time. Deals will always have a lot of warranties to protect against financial dealings that select against the buyer until cash has changed hands and the buyer is control. Agreeing these final pieces are the things that delay completion even if a deal has been agreed in principle..
I imagine the rat wants to get a slice of the action on any increased valuations if we get promoted, perhaps by negotiating on his loan redemption. The buyer and the rat will need to agree how the agreed price changes if transfer fees are used to pay down his loan given it reduces asset value but also reduces liabilities. Cash is king, would the buyer give the rat a slice of future action in return for leaving transfer fees - cash - in the bank and writing off the loan, or part of it. Could even agree whether players will be sold or not. Pure speculation but could explain agreeing to sell the club and completing the deal might take months to be completed.
I know God created the World from nothing in 7 days, and @DOUCHER could sell a football club from nothing in 7 days, but Roland will take a bit longer while he does something to make sure he gets what he wants.
Not a pretty sight.....