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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • Tricky Dicky, go to the naughty step.
  • edited April 2018
    Redhenry said:

    Taxi_Lad said:

    All the doom merchants saying he won’t sell til someone pays him £xxx needs to remember the club is losing (ergo RD) £1m a Month
    He will sell soon. He’s a lot of things but where money is concerned he ain’t daft

    But he is not "losing" is he. I thought he was "loaning" the club the money it needs each month and then charging interest on top?
    But he can't keep bumping up the asking price to cover those losses... or he could but then no-one will buy.
    They don't look like they are breaking the doors down now to buy so who knows what RD is asking for.
    He has lowered it to 40 mill apparently. Still two left in slightly different bids. Neither been accepted as far as I know
    If the centime/penny has finally dropped for RD, then their is hope that this rollercoaster is on the downward curve and if 40 mill is the figure now, you would hope that the offers of Red Henry's lot and the Aussie bid is at least 35 mill because if not this saga will run longer than the "Mousetrap" in the west end.

    As another Monday comes around you yearn for progress in these protracted negotiations;
    This titbit of info from RH may just be it.

    Duchatelet being a Pedant is also adding to the time line. That devil is in the detail.
  • edited April 2018
    I assume that the £40M is the figure to be paid to RD, there is still the £7M to be paid to the ex-directors, which makes the asking price £47M. I know that the directors £7M can be deferred, but it has to be paid at some time.
  • As RD paid less than 20 million for Cafc, your assumption may be wrong @alangee.
  • edited April 2018
    alangee said:

    I assume that the £40M is the figure to be paid to RD, there is still the £7M to be paid to the ex-directors, which makes the asking price £47M. I know that the directors £7M can be deferred, but it has to be paid at some time.

    Not absolutely true, for the same reason it hasn't been paid to date, although the ex-directors could get (more) difficult over leases to people like franchisees. It's also likely to be bought out for less than £7m, if paid before strictly necessary under the terms.
  • edited April 2018
    dickplumb said:

    I think Charlton fans are being lied to by Murray and Duchatelet. We are being played like a fiddle and I am sick of it. The two bids were supposed to be agreed months ago. Now we hear that no bids have been agreed. What the fuck is happening?

    Suspect Gudmunsson being valued at £20m and Gomez at around £50m might complicate things a bit... And if Gomez goes to the World cup and makes several appearances for England - we could be talking quite a bit of incoming money (dependant on what the sell-on arrangements are). How much that might increase the asking price or how much of that goes directly to RD - could all be factors. Oh and Lookman might also have a sell-on clause... My guess (only a guess) is that 2 parties agreed on a ballpark figure - but the details of the payment schedule/add-ons are complicating things.
  • Just dropped the price to £40m no one has offered it, so basically no nearer being sold. If I was in the market for a football club, I'll go up the road, pay half that and get a club in a higher division and on the verge of premier league play offs.
  • shirty5 said:

    Redhenry said:

    Taxi_Lad said:

    All the doom merchants saying he won’t sell til someone pays him £xxx needs to remember the club is losing (ergo RD) £1m a Month
    He will sell soon. He’s a lot of things but where money is concerned he ain’t daft

    But he is not "losing" is he. I thought he was "loaning" the club the money it needs each month and then charging interest on top?
    But he can't keep bumping up the asking price to cover those losses... or he could but then no-one will buy.
    They don't look like they are breaking the doors down now to buy so who knows what RD is asking for.
    He has lowered it to 40 mill apparently. Still two left in slightly different bids. Neither been accepted as far as I know
    But we were all told 2 bids were accepted back in February? Who telling fibs?

    https://www.londonnewsonline.co.uk/charlton-athletic-have-two-purchasers-with-acceptable-takeover-bids/
    Definitely not me
    Not me and nor my wife
    Nor me, my better half, my infant child or my dog...
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  • edited April 2018
    .
  • dickplumb said:

    I think Charlton fans are being lied to by Murray and Duchatelet. We are being played like a fiddle and I am sick of it. The two bids were supposed to be agreed months ago. Now we hear that no bids have been agreed. What the fuck is happening?

    Murray has no medium or long-term interest in making statements that turn out not to be true. He would have been better off saying nothing at all. Duchatelet is just mad. Even if they were capable of crafting a conspiracy, it's hard to see they would have expensive lawyers and accountants running around on the clock for months in order to deceive supporters.
    I can't see Murray lying in such matters, he still has his "business reputation" to think of, I can't see him risking that with misleading statements about a takeover for someone else.

    IF Roland had been moving the goalposts or making impossible demands, and infuriating the buying parties surely someone from one of them would have said something by now in public. To make it clear where the fault was, and try and put pressure on the selling party etc
  • dickplumb said:

    I think Charlton fans are being lied to by Murray and Duchatelet. We are being played like a fiddle and I am sick of it. The two bids were supposed to be agreed months ago. Now we hear that no bids have been agreed. What the fuck is happening?


    If Murray is deliberately lying then he’s finished and would know that. He would be a Charlton Pariah unable to show his face at The Valley.

    On that basis I’m saying he’s not lying or deliberately trying to mislead. He has zero to gain from that. That’s not to say he’s not being told what to say by someone who might just want to muddy the water.

  • Just dropped the price to £40m no one has offered it, so basically no nearer being sold. If I was in the market for a football club, I'll go up the road, pay half that and get a club in a higher division and on the verge of premier league play offs.

    It’s an interesting point but the club you are hinting at don’t own their own stadium and are at the centre of a property controversy which the club itself say will jeopardise it’s future.

    As for the promotion to the Premier League bit. I’m not even thinking about it.
  • dickplumb said:

    I think Charlton fans are being lied to by Murray and Duchatelet. We are being played like a fiddle and I am sick of it. The two bids were supposed to be agreed months ago. Now we hear that no bids have been agreed. What the fuck is happening?

    Murray has no medium or long-term interest in making statements that turn out not to be true. He would have been better off personally saying nothing at all. Duchatelet is just mad. Even if they were capable of crafting a conspiracy between them, it's hard to see Duchatelet would have expensive lawyers and accountants running around on the clock for months in order to deceive supporters.
    Thing is Rick, he has a huge fortune and the cost (which to us seem enormous) will be worth it if he can get £40-50 million. Let's be fair, while we poor slobs lie awake each night waiting for something to happen I doubt he does!

  • Can imagine there is a lot of this in the inner workings of Charlton at the moment!
  • alangee said:

    I assume that the £40M is the figure to be paid to RD, there is still the £7M to be paid to the ex-directors, which makes the asking price £47M. I know that the directors £7M can be deferred, but it has to be paid at some time.

    Not absolutely true, for the same reason it hasn't been paid to date, although the ex-directors could get (more) difficult over leases to people like franchisees. It's also likely to be bought out for less than £7m, if paid before strictly necessary under the terms.
    If part of the consideration to be paid to RD will be performance based he is maybe likely to go with the wealthiest and hence with best chance of promotion. If he does this then if I was an ex-director I would probably not take a hair cut on my debt as I would also be thinking the new wealthy owner would aim for the PL and give me the whole lot.
  • I heard the £40m was made up, in part, of payments contingent on promotions to the championship and the premier league.

    How that broke down or even if the £40m was correct I don't know but different parties where offering different deals or less upfront, more on promotions.

    Hence Roland had to consider who would pay the most and also who was more likely to be able to achieve success and so pay him.

    As ever beware time lag and deliberately false stories (not by cousin Red).

    WIOTOS.

    And that's not all
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  • Redhenry said:

    I heard the £40m was made up, in part, of payments contingent on promotions to the championship and the premier league.

    How that broke down or even if the £40m was correct I don't know but different parties where offering different deals or less upfront, more on promotions.

    Hence Roland had to consider who would pay the most and also who was more likely to be able to achieve success and so pay him.

    As ever beware time lag and deliberately false stories (not by cousin Red).

    WIOTOS.

    And that's not all
    C-

    Not up to your usual standard.
  • Redhenry said:

    I heard the £40m was made up, in part, of payments contingent on promotions to the championship and the premier league.

    How that broke down or even if the £40m was correct I don't know but different parties where offering different deals or less upfront, more on promotions.

    Hence Roland had to consider who would pay the most and also who was more likely to be able to achieve success and so pay him.

    As ever beware time lag and deliberately false stories (not by cousin Red).

    WIOTOS.

    And that's not all
    You can say that again, brother.
  • Well at least we're getting back to some actual rumors.
  • Please don't panic, I just meant it's more complicated than @Henry Irving summary
  • Redhenry said:

    Taxi_Lad said:

    All the doom merchants saying he won’t sell til someone pays him £xxx needs to remember the club is losing (ergo RD) £1m a Month
    He will sell soon. He’s a lot of things but where money is concerned he ain’t daft

    But he is not "losing" is he. I thought he was "loaning" the club the money it needs each month and then charging interest on top?
    But he can't keep bumping up the asking price to cover those losses... or he could but then no-one will buy.
    They don't look like they are breaking the doors down now to buy so who knows what RD is asking for.
    He has lowered it to 40 mill apparently. Still two left in slightly different bids. Neither been accepted as far as I know
    Is he running it as a Dutch auction, then?
  • Murray has made public statements which have turned out to be false. They are in VOTV. What is the difference between that and lying?
  • Since KR went and Bowyer took over, for the first time in years I’m enjoying watching us again and seriously don’t give a flying F**k about the Douchbag, he’s history, he’s gone, it’s just a matter of time!

    And that feels good!

    You are playing into RD’s hands as this is just what he wants to here. He is not history, he hasn’t gone, he still owns the club the same as he did when he walked through the door.

    I can understand the excitement and missing fans returning because of Bowyer and the results. But don’t come crying if RD still owns the club next season and is still pissing everyone off.
    Playing into RDs hands?

    "Hahaha foolish charlton fans, again

    They have fallen for my genius idea to get Robinson out and replace him with bowyer...because I knew he would get results and the smoke screen once again allows me to continue with my evil deeds as creating more long term misery for charlton fans is my morning, my day and my night"

    Even though my response to the quoted post was rather sarcastic.

    I now 100 believe that protests in Belgium need to be done again and done bigger then ever before.

    Roland out now!!!
  • Its a Mexican stand off
This discussion has been closed.

Roland Out Forever!