While I'm always the optimist and obviously want Rocunt out asap, if these Aussies are the same mob as those sniffing round for investment (backup) last year, something still don't sit right with either them, or the deal they / Rocunt are proposing re. Leases and 10% on future transfers etc. (if that is all true of course).
I must admit that despite of all the good things I have read about Muir, I cannot figure out why they would need to raise £50M in shares. Muir sold The Good Guys for $870M and then last year sold another set of holdings for $150M. Which means he is a billionaire. Why not just pay Roland in full? Why raise capital? If true, this is a bit worrisome. A club the size of CAFC should not have such a complicated ownership structure and a billionaire owner should not be so hard up for funds.
I don't have any inside information. But the idea of the owners of Charlton - or any other club - searching for additional investment doesn't fill me with quite so much fear. More investment means more investors. And an increased number of people ponying up dough means the club's aims have to become more transparent and better understood.
In fact, given the experience of the last four years, I would far sooner have a pool of interested investors, with a shared goal and a thoroughly tested strategy, than a single investor thoroughly convinced he knows best.
Wider ownership of the club exposes the senior management to scrutiny and accountability that's missing from an organisation that runs on the basis of "do it my way and keep doing it my way until Roland tells me I have changed my mind".
Agree. Multiple people putting their money on the line means multiple people to hold the senior management to account if the club underperforms.
Isn't that how Palace have gone about things. Parish is just the front for them, he's wealthy but he had some seriously wealthy initial investors. And didn't he get investment from the american bloke Josh something or other a couple of years later?
Josh Harris. Don't know that much about the setup at Palarse to be honest.
Well,basically,the set up is they are all stripey\black wearing virgins called Nigel and they all get together at a place in Surrey called Shithurst and bounce around when an Olympic diver called Wilfried falls over again.
While I'm always the optimist and obviously want Rocunt out asap, if these Aussies are the same mob as those sniffing round for investment (backup) last year, something still don't sit right with either them, or the deal they / Rocunt are proposing re. Leases and 10% on future transfers etc. (if that is all true of course).
I must admit that despite of all the good things I have read about Muir, I cannot figure out why they would need to raise £50M in shares. Muir sold The Good Guys for $870M and then last year sold another set of holdings for $150M. Which means he is a billionaire. Why not just pay Roland in full? Why raise capital? If true, this is a bit worrisome. A club the size of CAFC should not have such a complicated ownership structure and a billionaire owner should not be so hard up for funds.
I don't have any inside information. But the idea of the owners of Charlton - or any other club - searching for additional investment doesn't fill me with quite so much fear. More investment means more investors. And an increased number of people ponying up dough means the club's aims have to become more transparent and better understood.
In fact, given the experience of the last four years, I would far sooner have a pool of interested investors, with a shared goal and a thoroughly tested strategy, than a single investor thoroughly convinced he knows best.
Wider ownership of the club exposes the senior management to scrutiny and accountability that's missing from an organisation that runs on the basis of "do it my way and keep doing it my way until Roland tells me I have changed my mind".
Agree. Multiple people putting their money on the line means multiple people to hold the senior management to account if the club underperforms.
Isn't that how Palace have gone about things. Parish is just the front for them, he's wealthy but he had some seriously wealthy initial investors. And didn't he get investment from the american bloke Josh something or other a couple of years later?
Josh Harris. Don't know that much about the setup at Palarse to be honest.
Original consortium was
Parish (TAG Worldwide) Stephen Browett (Farr Vinters) Martin Long (Founder Churchill Insurance) Jeremy Hosking (Marathon Asset Management) net worth £330 million
Now the Play-offs are over this needs to happen ASAP and a full time manager appointed. Bowyer deserves a go IMHO. Very concerned about the ground ownership but hopefully this can be sorted out.
Now the Play-offs are over this needs to happen ASAP and a full time manager appointed. Bowyer deserves a go IMHO. Very concerned about the ground ownership but hopefully this can be sorted out.
Hopefully the talk of RD owning anything relating to the club after the sale turns out to be nonsense.
Ran a dishwasher on a hot pans cycle in Florida once. Went to unload it and a huge roach sauntered out like he'd just had a luke-warm shower with some "no tears" Simple Baby All-in-One-Wash. The only way to get rid of them is to crush them under a heel.
I'm taking some comfort from yesterday's capitulation in that the mad old scrote from across the North Sea won't get any extra money for his disastrous failed experiment and ruination of our club. Now in true Blackpool72 style please f*ck right off, once and for all !
Ran a dishwasher on a hot pans cycle in Florida once. Went to unload it and a huge roach sauntered out like he'd just had a luke-warm shower with some "no tears" Simple Baby All-in-One-Wash. The only way to get rid of them is to crush them under a heel.
Actually, it’s the worst way to kill them. Eggs will stick to your shoe and spread them. The best way is poison. They return to their shed, sorry, nest and die. They are then eaten by other cockroaches who in turn die.
While I'm always the optimist and obviously want Rocunt out asap, if these Aussies are the same mob as those sniffing round for investment (backup) last year, something still don't sit right with either them, or the deal they / Rocunt are proposing re. Leases and 10% on future transfers etc. (if that is all true of course).
I must admit that despite of all the good things I have read about Muir, I cannot figure out why they would need to raise £50M in shares. Muir sold The Good Guys for $870M and then last year sold another set of holdings for $150M. Which means he is a billionaire. Why not just pay Roland in full? Why raise capital? If true, this is a bit worrisome. A club the size of CAFC should not have such a complicated ownership structure and a billionaire owner should not be so hard up for funds.
I don't have any inside information. But the idea of the owners of Charlton - or any other club - searching for additional investment doesn't fill me with quite so much fear. More investment means more investors. And an increased number of people ponying up dough means the club's aims have to become more transparent and better understood.
In fact, given the experience of the last four years, I would far sooner have a pool of interested investors, with a shared goal and a thoroughly tested strategy, than a single investor thoroughly convinced he knows best.
Wider ownership of the club exposes the senior management to scrutiny and accountability that's missing from an organisation that runs on the basis of "do it my way and keep doing it my way until Roland tells me I have changed my mind".
Our ownership in the 90s was like this. An ever increasing number of rich investors joining the board, which at one point, when you added in the associate directors, was almost as big as the playing squad!
When this is all over I think we should vote for the best page of the thread before the actual announcement, have it printed, framed and displayed in the museum.
Surely this will go through within the next 72 hours. No chance that Muir has flown all the way from Australia and attend The Valley unless it was to get the deal over the line. Wasn’t at Shrewsbury but Murphy and Airman’s mysterious man in black were. Who is he exactly?
Comments
Parish (TAG Worldwide)
Stephen Browett (Farr Vinters)
Martin Long (Founder Churchill Insurance)
Jeremy Hosking (Marathon Asset Management) net worth £330 million
Muir must have been behind the goal then.
*eyes emoji*
**For anyone else who just weren't too sure
It actually means the ordaining of someone in holy orders on a submarine.
The guy next to Murphy (extreme right) might be interesting. Staff in the back row.