Jeez, The senile old git, thought our manager was Bartram. On his one visit to The Valley he probably tried to strike up a conversation with Big Sam’s statue.
Duchatelet starting the asset stripping as soon as he took over the club by selling Yann, then giving Morrison a free transfer, letting Wiggins go. as I have mentioned previously we were warned of this by Standard Liege fans. He has no interest in football whatsoever, just in destroying clubs!
Duchatelet starting the asset stripping as soon as he took over the club by selling Yann, then giving Morrison a free transfer, letting Wiggins go. as I have mentioned previously we were warned of this by Standard Liege fans. He has no interest in football whatsoever, just in destroying clubs!
The sale of Yann wasn't asset stripping though, as we then spent more money on a useless replacement Polish Pete
Indeed the problem with RD's time at the club isn't that we haven't spent money, it's that we've spent it really badly.
Buying the wrong players in the summer, then a mass panic in January/February to bulk out the squad, with excessive contracts (e.g. Teixeira)
Is he still putting £1m into the club a month like he was previously?
What I’m about to say needs to be said every time this is mentioned (RD being mentioned as putting in money). He isn’t, what he’s doing is creating debt from the club to him (staprix). He’s not putting anything in, in fact, he’s making interest on that profit, he is techniquely speaking taking money out of the club, the longer he’s in charge, the more money he is owed. With interest.
No progress unfortunately. RD wants 55m, the best bid is about half that amount.
Not at all surprised by this figure. It's clear the prospect of losing money, even in a business that represents just 1.5% of his interests, is something he's unwilling to face.
For me the concern is that if he can't find anyone ready to meet his crazy valuation, his fall-back position will be to try to sell the loss-making part of the business, i.e. the football club, and then claw back as much as he possibly can by any means, over a prolonged period.
And this is why the pressure needs to be ramped up.
so essentially what we can expect from now on is a team in stasis that will aim to survive in League 1, while its best assets are flogged off each year to cover operating losses, how much were they a year? Can't believe we need to lose over £6m in League 1, can someone remind me/speculate how much we need to flog off each year to stand still (if we're lucky)?
With reference to the CARD thread, the above seems like a good reason to demonstrate..
so essentially what we can expect from now on is a team in stasis that will aim to survive in League 1, while its best assets are flogged off each year to cover operating losses, how much were they a year? Can't believe we need to lose over £6m in League 1, can someone remind me/speculate how much we need to flog off each year to stand still (if we're lucky)?
With reference to the CARD thread, the above seems like a good reason to demonstrate..
Is he still putting £1m into the club a month like he was previously?
What I’m about to say needs to be said every time this is mentioned (RD being mentioned as putting in money). He isn’t, what he’s doing is creating debt from the club to him (staprix). He’s not putting anything in, in fact, he’s making interest on that profit, he is techniquely speaking taking money out of the club, the longer he’s in charge, the more money he is owed. With interest.
So technically he is putting it in, but then expecting the club to pay it back to him with added interest, yes?
No progress unfortunately. RD wants 55m, the best bid is about half that amount.
If there is any truth to this his actions make perfect sense. Sell the assets he has i.e. players and get some money via that avenue and then take a lower offer for the club. I doubt he will get the numbers to add up to £55m but it will be a lot better than the half he is being offered.
It also makes sense that any potential bidder is allowing him to sell players.
Now we see why he only ever loaned the money to Charlton. He thought he could make money on player sales, then flip the whole thing for a profit while the debt on the books protects his 'investment'. Shame he made such a monumental pigs ear of a simple plan.
I'll join the queue for kicking the rancid old goat down the stairs.
No progress unfortunately. RD wants 55m, the best bid is about half that amount.
Just don't get this Surely any potential bidder would be aware of his asking price before going through DD etc. That being the case as unrealistic as his sale price is why would you be in negotiations with him if you were only going to offer half of what he wants??
Comments
Duchatelet and one of the bidders could agree a price at any time.
That could be today, next week, next month, next year or never.
People could drop out and others join.
Wibble.
by selling Yann, then giving Morrison a free transfer, letting Wiggins go.
as I have mentioned previously we were warned of this by Standard Liege
fans. He has no interest in football whatsoever, just in destroying clubs!
Unfortunately it’s not an ideal world so I’m not.
So he thought AFKA on here was his 1st Charlton manager?
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This.
Out of interest, do you know who has the highest bid in?
Aussies?
Scots?
Your Mystery Party?
Other?
Indeed the problem with RD's time at the club isn't that we haven't spent money, it's that we've spent it really badly.
Buying the wrong players in the summer, then a mass panic in January/February to bulk out the squad, with excessive contracts (e.g. Teixeira)
There’s only one Roland Duchatelet so it looks like we’re stuck with him!
The man is a deluded wanker
For me the concern is that if he can't find anyone ready to meet his crazy valuation, his fall-back position will be to try to sell the loss-making part of the business, i.e. the football club, and then claw back as much as he possibly can by any means, over a prolonged period.
And this is why the pressure needs to be ramped up.
With reference to the CARD thread, the above seems like a good reason to demonstrate..
It also makes sense that any potential bidder is allowing him to sell players.
I'll join the queue for kicking the rancid old goat down the stairs.
Surely any potential bidder would be aware of his asking price before going through DD etc.
That being the case as unrealistic as his sale price is why would you be in negotiations with him if you were only going to offer half of what he wants??