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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • Will continue to have this approach too - Even if Matt Southall is a prick etc. and this new group turn sour

    They SURELY cant be as difficult to sell the club as Roland was?
  • @Airman Brown 
    I havn’t yet had the opportunity to read the latest VOTV so am coming at this from less than a position of having the benefit of that but I am genuinely curious to hear your obviously well researched opinion on the involvement of Nimer. Given his position and obvious status I can’t imagine that he would risk his reputation in the “real” business world and status at home in being involved in an enterprise considered as dodgy. I must admit I am twitchy at the involvement of agents although the reason is still unclear to me. If the price payed to Duchatelet is around £50 million then Southall and Heller are very minor investors if investors at all. I am of the opinion that the EFL are seeking to establish the exact source of the finance and imho that would be quite straightforward if the vast majority of the money is coming from Tahnoon Nimer. Perhaps the audit trail isn’t as straightforward as that which throws up more questions. 
  • My worry is about the money.
    Reading about the people involved the worse case scenario (which is not necessarily going to happen) is a complex gamble by people who don't necessarily have the club at heart as a sporting institution, and it leads to a Boltonesque situation.
    We have a decent stadium, crowd potential, are well seated in the community and have a really excellent player development system. In addition we have a football management and organisation structure with impressive people involved, a long way from Russell (Mr Patient) Slade for example.
    Reading about the complex background of the people involved I think we might get into a too many cooks scenario, the meal served could be a dog's dinner that ends in the bin. There seems to be a background of loads of projects started and left unfinished with a degree of spin applied and certain things tucked away. The VoTV piece on the individuals is worth a read not because it is in any way opinionated, but sets out facts without embellishment.
    The question remains why these people and why them and Charlton particularly.
    I am not yet convinced that the finances are secure and reliable and worry about a rob Peter to pay Paul scenario where debts spin out of control with no safety net beyond the book value of the Valley.
    I want to be wrong and believe we will be run and owned by people who husband resources well, and realise that the actual returns come from sustained football success not ducking and diving. As @ElfsborgAddick says, maybe one has to keep counsel for a year, or at least until the first accounts are published under any new regime.
    I do believe that we have to be free of Duchatelet in any case, the situation as it stands is unsustainable, but we have been twice bitten and understandably have become three times shy
  • edited December 2019
    I initially believed Nimer was at the game yesterday. Turns out he wasn't (?). Now I don't play Call Of Instagram, but the series of links to those things is starting to irritate and confuse.
  • seth plum said:
    My worry is about the money.
    Reading about the people involved the worse case scenario (which is not necessarily going to happen) is a complex gamble by people who don't necessarily have the club at heart as a sporting institution, and it leads to a Boltonesque situation.
    We have a decent stadium, crowd potential, are well seated in the community and have a really excellent player development system. In addition we have a football management and organisation structure with impressive people involved, a long way from Russell (Mr Patient) Slade for example.
    Reading about the complex background of the people involved I think we might get into a too many cooks scenario, the meal served could be a dog's dinner that ends in the bin. There seems to be a background of loads of projects started and left unfinished with a degree of spin applied and certain things tucked away. The VoTV piece on the individuals is worth a read not because it is in any way opinionated, but sets out facts without embellishment.
    The question remains why these people and why them and Charlton particularly.
    I am not yet convinced that the finances are secure and reliable and worry about a rob Peter to pay Paul scenario where debts spin out of control with no safety net beyond the book value of the Valley.
    I want to be wrong and believe we will be run and owned by people who husband resources well, and realise that the actual returns come from sustained football success not ducking and diving. As @ElfsborgAddick says, maybe one has to keep counsel for a year, or at least until the first accounts are published under any new regime.
    I do believe that we have to be free of Duchatelet in any case, the situation as it stands is unsustainable, but we have been twice bitten and understandably have become three times shy
    Under the current ownership and situation we are one relegation away from falling into obscurity and possibly winding up. 

    We had no other concrete evidence anybody else wanted to touch the club with a bargepole. 

    This is our only hope I believe and seems a good one. 
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  • Off_it said:
    1905 said:
    For all our sanity's this takeover needs to happen soon.  At this rate some will be protesting against ESI before they have even bought the club. 
    Too late, its looks like they already are.
    Seems so, just bloody crazy.

    At least wait until end January when we will have a better understanding. 


  • Roland out!
  • Only in Charlton land .
  • Nothing wrong with the fans doing due diligence, providing what they say is factual.
    Yep 
  • Didn't they state on the original announcement that they will be actively  engaging with fans at the highest level. Surely if they follow through with this promise then it will be easier to make them accountable for their actions, unlike the existing sham of a fans forum.
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  • I don't like RD or the way that he has run the club but if you look at the situation we have:

    On The Plus Side
    a club not running up debt
    a good young management team who left to get on with only minimum interference
    A group of players  which most of us were happy after the first 4 weeks of the season

    On the Minus Side
    A management team with very short contracts
    A set of players decimated by injuries
    A striker who is underpaid for his ability
    An owner who doesn't visit the Valley - so what?

    Anyone with any business sense would have LB etc on a short contract if they wish to sell and you can't blame the owner for the injury situation.

    I wish to see the back of RD but am concerned that we are getting owners who have ulterior motives and will interfere with our management structure because they think that they know better with their strange ways. 

    The purpose of a good fanzine is to tell stuff about the club as the result of good journalism and that is what Rick has done in VoTV and I hope he continues doing it. There is no point in accepting new owners if they are no better than the current ones, even if they do hire a top PR company to gloss their takeover, what is behind that gloss - we don't know and it is a worry.

    Right that's me lot, I'm off out for the day!
  • Didn't they state on the original announcement that they will be actively  engaging with fans at the highest level. Surely if they follow through with this promise then it will be easier to make them accountable for their actions, unlike the existing sham of a fans forum.


    The Fans' Forum isn't a sham, the management is.

    Yes, they said that and everything they've done so far points in the right direction including my own limited, but positive and fast response, interaction with them.

    Fingers crossed but the puddings not even, officially, in the oven yet.
  • Where have fans said anything not factual ?
  • Good luck with Arthur Scargill
  • Didn't they state on the original announcement that they will be actively  engaging with fans at the highest level. Surely if they follow through with this promise then it will be easier to make them accountable for their actions, unlike the existing sham of a fans forum.


    The Fans' Forum isn't a sham, the management is.

    Yes, they said that and everything they've done so far points in the right direction including my own limited, but positive and fast response, interaction with them.

    Fingers crossed but the puddings not even, officially, in the oven yet.
    Sorry Henry, your right, the management is. I didnt mean the fans themselves :-)
  • Off_it said:
    I sometimes wonder that unless we get some sort of communist/hippy/commune-style ownership some people just aren't gonna be happy.

    I wonder what Derek Hatton and Arthur Scargill are up to these days? Maybe we could persuade them to join a consortium with Ken Livingstone and Len McCluskey?
    Picketing the pearly gates 
  • edited December 2019
    Good luck with Arthur Scargill
    Has he still got his luxury flat in the Barbican that he tried to buy under Thatchers "right to buy" scheme even though the NUM were paying the rent?
  • Off_it said:
    I sometimes wonder that unless we get some sort of communist/hippy/commune-style ownership some people just aren't gonna be happy.

    I wonder what Derek Hatton and Arthur Scargill are up to these days? Maybe we could persuade them to join a consortium with Ken Livingstone and Len McCluskey?
      Corbyn available?
This discussion has been closed.

Roland Out Forever!