What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
Not many League 1 clubs that get promoted spend their way out of this league. Powell made a lot signings but not many were for a fee. Those that we did pay a fee for weren’t big money signings.
High League 1 wages though.
Actually 30% less than Huddersfield that season, who finished 4th.
Huddersfield were on a 27-season long unbeaten run then so most of that wage bill would have been performance-related bonuses.
Wow, they were unbeaten for 27 seasons, is that in the Guinness Book of records?
What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
Not many League 1 clubs that get promoted spend their way out of this league. Powell made a lot signings but not many were for a fee. Those that we did pay a fee for weren’t big money signings.
High League 1 wages though.
Actually 30% less than Huddersfield that season, who finished 4th.
Huddersfield were on a 27-season long unbeaten run then so most of that wage bill would have been performance-related bonuses.
Wow, they were unbeaten for 27 seasons, is that in the Guinness Book of records?
What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
Not many League 1 clubs that get promoted spend their way out of this league. Powell made a lot signings but not many were for a fee. Those that we did pay a fee for weren’t big money signings.
High League 1 wages though.
Actually 30% less than Huddersfield that season, who finished 4th.
Huddersfield were on a 27-season long unbeaten run then so most of that wage bill would have been performance-related bonuses.
Wow, they were unbeaten for 27 seasons, is that in the Guinness Book of records?
Unfortunately not, they got knocked out of the world cup by Chelsea who hadn't been beaten since before the war.
I would be inclined to buy a very modest number of shares, but absolutely not if Duchatelet owns any part of the club. It would be absurd to oppose him then financially associate with him.
I disagree most fans are only about results. Maybe at other clubs. If there is a plan as Henry suggests in his ‘survey’ questions and a narrative as Airman often talks about, fans will buy in. If it’s done badly agree Fans will have little patience.
Grimsby away years ago and a police horse, something like that.
I was told Brighton away, 7-0 loss early 80’s, major tear up in the park outside the goldstone after the game, OB fell off his horse as it reared up during the melee, almost happened at Horwich station after Bolton FA cup QF game as well
Brighton away, 70’s
Yes March 1975. a one all draw in pouring rain on a mud heap of a pitch. My first away game outside of the capital. Micky Kelly's headed equaliser hardly crossed the line, the mud was so thick.
As for business plans, get the fans involved, manage the club, achieve break even /competitive in the Championship would be a great aim. Getting to the Premier League is a whole different game, bit have there challenges.
I doubt very much ordinary fans are the target of a £50m share issue.
If it is true, and I'm far from convinced it is, then they will be looking for corporate investors IMHO.
Duchatelet isn't a terrible owner because he doesn't spend money or doesn't have money. He has and he does.
He's a bad owner because he has no interest or intention to make the club successful on the pitch and never has. Right from the start he said he wasn't interested in winning games.
We shall have to see what the Aussies, if they actually, finally, do a deal, have planned.
Remember the six questions that people laughed at when the Spivs took over? Still need them answered under the new lot.
WIOTOS
No, what were they?
1. Who owns the club?
2. What is the business plan?
3. How is the business plan being funded?
4. What are the plans for the Valley?
5. What are the plans for the training ground?
6. What is the exit strategy?
All valid apart from the last one. I seriously doubt you'd get an honest answer and I hope it's not something they've thought of in any great detail.
Disagree completely. That they won't give an honest answer should be a reason to worry, not to not ask the question. Imagine we'd known what Duchatelet's aim was from the start?
And they should very much be thinking about how they are going to get out if they are looking for other investors as they would be one of their questions.
The exit strategy could be to sell once we're in the Prem, win the champions league then sell, give it five years then close the club down, hand the club over to the museum, merge with Millwall or something else. The answer would, if answered honestly, a clear idea of what the owners what from the club and then fans can decide.
I doubt very much ordinary fans are the target of a £50m share issue.
If it is true, and I'm far from convinced it is, then they will be looking for corporate investors IMHO.
Duchatelet isn't a terrible owner because he doesn't spend money or doesn't have money. He has and he does.
He's a bad owner because he has no interest or intention to make the club successful on the pitch and never has. Right from the start he said he wasn't interested in winning games.
We shall have to see what the Aussies, if they actually, finally, do a deal, have planned.
Remember the six questions that people laughed at when the Spivs took over? Still need them answered under the new lot.
Aren’t Millwall actually Millwall Athletic but just don’t use it ?
On that basis after the Merger they can keep the Athletic part of their name and we’ll make do with keeping the Charlton part of ours.
I think the new amalgamation of names as Charlton Athletic would be fine.
They play in blue and white, they keep the white, we have the red. They play at The New Den, they keep the 'The', we keep Valley. And anyway we will play at The Valley because it is bigger, better, and easier to get to.
What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
To be honest, I'm entirely comfortable with Charlton being shit. It's kind of the whole point really; general shitness occasionally offset by periods of mild success. Whether we're 7th in the Prem or 13th in League One though I want and need that connection with the club that I don't get from any other. Roland's done his absolute best to sever that connection over the past four years, so if these Aussies come in, sign us the kind of players who shank through balls out of play and gently miss open goals, but make me proud to support the club again I'm all for it
What’s the story behind the “Goodbye Horse” song by the way? I always wondered that.
Apparently it's about a white horse that decided to leave his paddock one day to jaunter down to the local boozer.
Anyway, as he left, all of the other horses in the paddock neighed "goodbye horse".
So, off he trots down to the local (anecdotally 'The Pony and Trap')' opens the door, goes in and takes a seat at the bar. The landlord looks at him and says "Can I help you"? The white horse replies "I'd like a drink but really don't know what I fancy"? "Well", says the landlord, "I've got bitter, lager, mild, cider, vodka, gin. In fact, I've even got a whisky named after you"!
The white horse replies "What? Eric"?
So there you go. The true story of Goodbye Horse.
(Here all week and available for weddings and anniversaries through www.bookmehere.com).
What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
To be honest, I'm entirely comfortable with Charlton being shit. It's kind of the whole point really; general shitness occasionally offset by periods of mild success. Whether we're 7th in the Prem or 13th in League One though I want and need that connection with the club that I don't get from any other. Roland's done his absolute best to sever that connection over the past four years, so if these Aussies come in, sign us the kind of players who shank through balls out of play and gently miss open goals, but make me proud to support the club again I'm all for it
I am 100% in the same camp but I fear we would be in the 2%
What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
To be honest, I'm entirely comfortable with Charlton being shit. It's kind of the whole point really; general shitness occasionally offset by periods of mild success. Whether we're 7th in the Prem or 13th in League One though I want and need that connection with the club that I don't get from any other. Roland's done his absolute best to sever that connection over the past four years, so if these Aussies come in, sign us the kind of players who shank through balls out of play and gently miss open goals, but make me proud to support the club again I'm all for it
Well said - pretty much sums up my feelings. Getting our Charlton back isn’t the same as getting back to the Prem. Charlton in the Prem under an owner like two shits isn’t what I want.
Grimsby away years ago and a police horse, something like that.
I was told Brighton away, 7-0 loss early 80’s, major tear up in the park outside the goldstone after the game, OB fell off his horse as it reared up during the melee, almost happened at Horwich station after Bolton FA cup QF game as well
Brighton away, 70’s
Yes March 1975. a one all draw in pouring rain on a mud heap of a pitch. My first away game outside of the capital. Micky Kelly's headed equaliser hardly crossed the line, the mud was so thick.
I doubt very much ordinary fans are the target of a £50m share issue.
If it is true, and I'm far from convinced it is, then they will be looking for corporate investors IMHO.
Duchatelet isn't a terrible owner because he doesn't spend money or doesn't have money. He has and he does.
He's a bad owner because he has no interest or intention to make the club successful on the pitch and never has. Right from the start he said he wasn't interested in winning games.
We shall have to see what the Aussies, if they actually, finally, do a deal, have planned.
Remember the six questions that people laughed at when the Spivs took over? Still need them answered under the new lot.
WIOTOS
No, what were they?
1. Who owns the club?
2. What is the business plan?
3. How is the business plan being funded?
4. What are the plans for the Valley?
5. What are the plans for the training ground?
6. What is the exit strategy?
All valid apart from the last one. I seriously doubt you'd get an honest answer and I hope it's not something they've thought of in any great detail.
The Aussies said on their website that the exit plan was to get the club to The Premier League and sell up.
(Ok is it the same Aussies/plan/plan changed etc etc) ?
Slightly concerning if the new owners don't have 40m to buy him out completely
Been my concern with the Aussie bid all along that they don’t have the money needed to run the club
I will wait and see what the official line is before getting excited
If someone doesn’t have 40 mil to buy us out lock stock and smoking barrels then there is serious implications on them being able to make us compete in this league let alone any other ambitious plans they may think they can achieve
Just asking if there’s a reason why someone wouldn’t want to pay all the money immediately?
Or is it sale or return?
If you were buying the club for £50m, would you think a deal to pay £30m and the balance of £20m back at the rate of 10% of youth player sales a good one?
I’m simply asking the question, which nobody has given any answer too, what benefit if any, would it be to a buyer, not to pay everything upfront?
The debt carries a 3% rate of interest. If I was a wealthy entrepreneur I would be looking to make nearer 20% on my capital. So if I can use someone else’s capital at a cost of 3% I use my own £40m of capital elsewhere earning 20% leaving me 17% after paying back the loan.
I don't doubt you, Dipps, but tell me please - if I was a wealthy entrepreneur how would I make 20% on my capital?
Average profit margin in finance industry is 35%. Hargreaves Landsdown has a profit margin of 70%. I doubt if Peter Jones gets out of bed for less than a prospect of a 30% return on his capital.
Slightly concerning if the new owners don't have 40m to buy him out completely
Been my concern with the Aussie bid all along that they don’t have the money needed to run the club
I will wait and see what the official line is before getting excited
If someone doesn’t have 40 mil to buy us out lock stock and smoking barrels then there is serious implications on them being able to make us compete in this league let alone any other ambitious plans they may think they can achieve
Just asking if there’s a reason why someone wouldn’t want to pay all the money immediately?
Or is it sale or return?
If you were buying the club for £50m, would you think a deal to pay £30m and the balance of £20m back at the rate of 10% of youth player sales a good one?
I’m simply asking the question, which nobody has given any answer too, what benefit if any, would it be to a buyer, not to pay everything upfront?
The debt carries a 3% rate of interest. If I was a wealthy entrepreneur I would be looking to make nearer 20% on my capital. So if I can use someone else’s capital at a cost of 3% I use my own £40m of capital elsewhere earning 20% leaving me 17% after paying back the loan.
I don't doubt you, Dipps, but tell me please - if I was a wealthy entrepreneur how would I make 20% on my capital?
Average profit margin in finance industry is 35%. Hargreaves Landsdown has a profit margin of 70%. I doubt if Peter Jones gets out of bed for less than a prospect of a 30% return on his capital.
HL - zero risk. Their clients, like me, take all the risk. But I’m not risk averse having worked in a high risk industry all my working life.
What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
To be honest, I'm entirely comfortable with Charlton being shit. It's kind of the whole point really; general shitness occasionally offset by periods of mild success. Whether we're 7th in the Prem or 13th in League One though I want and need that connection with the club that I don't get from any other. Roland's done his absolute best to sever that connection over the past four years, so if these Aussies come in, sign us the kind of players who shank through balls out of play and gently miss open goals, but make me proud to support the club again I'm all for it
What needs to happen is realistic expectations, whatever happens after RD will need to be received by the fan base with patience
That will be the most difficult thing for many
If the rumours are right and it’s the Aussie lot then spending our way out of the league will be unlikely
To be honest, I'm entirely comfortable with Charlton being shit. It's kind of the whole point really; general shitness occasionally offset by periods of mild success. Whether we're 7th in the Prem or 13th in League One though I want and need that connection with the club that I don't get from any other. Roland's done his absolute best to sever that connection over the past four years, so if these Aussies come in, sign us the kind of players who shank through balls out of play and gently miss open goals, but make me proud to support the club again I'm all for it
Comments
Hope you’re not hurt and get the car off its’ side soon @i_b_b_o_r_g!!
On that basis after the Merger they can keep the Athletic part of their name and we’ll make do with keeping the Charlton part of ours.
I think the new amalgamation of names as Charlton Athletic would be fine.
And anyway we will play at The Valley because it is bigger, better, and easier to get to.
Anyway, as he left, all of the other horses in the paddock neighed "goodbye horse".
So, off he trots down to the local (anecdotally 'The Pony and Trap')' opens the door, goes in and takes a seat at the bar. The landlord looks at him and says "Can I help you"? The white horse replies "I'd like a drink but really don't know what I fancy"? "Well", says the landlord, "I've got bitter, lager, mild, cider, vodka, gin. In fact, I've even got a whisky named after you"!
The white horse replies "What? Eric"?
So there you go. The true story of Goodbye Horse.
(Here all week and available for weddings and anniversaries through www.bookmehere.com).
(Ok is it the same Aussies/plan/plan changed etc etc) ?
Peter Jones has to factor in failures as well!
But I take your point.