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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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  • @AFKABartram Did I say that was the only reason they wanted to buy the club? If I did that’s certainly wasn’t intended.
  • ....always too impatient to let it set though, so drank it

    lol - you and me both, Rob.
  • Good God.
    We have now progressed from pot noodle 's to Brexit onto Angel Delight and now how many Dish Washer 's we should have.
    Please be correct James Seed and let the takeover happen soon.
    In the meantime.

    Just sell the club and FUCK OFF

    And still no promote for the thread. Outrageous.
  • JamesSeed said:

    Apologies, you're correct, I had to clear up, and get the dishwasher on.....

    It also took longer to write than I expected. Gotta get it right!

    I hope you're not disappointed that there isn't more, or that I can't name a date. But my overall impressions are positive:

    https://jimmyseed.blogspot.co.uk/ (It's all there, but will add below as well):

    So here are my thoughts after sharing a beer with someone connected with the takeover of Charlton Athletic. He agreed that I can share this info, but asked that I don't reveal his identity before the club is sold. I know I've already mentioned that I knew someone connected to the Australian consortium, but this meeting could have been with a mutual acquaintance, or someone acting as an intermediary. Speculating on who the meeting was with might well lead to a drying up of info, so please don't.

    I really like what I heard yesterday evening. Our meeting lasted 45 minutes, I was holding a dinner party for my wife's birthday at 8pm, and I was more than late. I was supposed to be preparing the food!

    We should be meeting again soon (assuming my wife will let me), because my contact is very keen on seeing Jimmy Seed's memorabilia. He also asked for copy of his autobiography. (He actually nearly bit my hand off when I said I had a spare). What a change from the previous regime's attitude to the Club's history! The interest in Seed and the club's past was genuine, and very encouraging.

    We didn't discuss finance I'm afraid. I'm not sure this can be discussed until after the sale has gone through. I didn't want to push it. So I don't know what they're paying for the club, other than that there will be no add-ons after the sale has gone through.

    Interestingly, but not surprisingly, my contact has for months been inundated by emails from people asking about the takeover, but he is sorry he hasn't been able to answer any of them up to this point.

    In no particular order:

    1. They’re hoping, subject to approval from a couple of investors and the EFL, that the sale will happen next week. I think they might being a little optimistic with their estimate of the how long the EFL can take processing these fit and proper person tests, so an extra week or two might be on the cards? (Just guessing). But they're patient people.
    They believe it will happen, but that's all they would say on the matter.
    They say they're in this for the long haul, and it's already been a two year project, which so far has cost them a million Pounds. They mentioned a five year plan to get the club into the Premier League, which is their stated aim. The five year plan might include the previous two years ago, I'm not sure. They are interested in success. They have ambition. It's the Australian mentality when it comes to sport.

    2. He described Fulham as being the only other club in London they might have been interested in. Why? Because both clubs 'have great fans, and a great stadium', which they see as key. They appreciate that fans are the heart of the club, and pointed out how 'different' the ownership system is in England, compared to the fan ownership system in Australia. They seem very aware of the differences between the fans of Charlton, and the fans of some of our London 'rivals', and see that as a big positive. They respect the passion.

    3. They see they Australian system of 'Membership' as something they want to promote at Charlton. In Australia clubs have 'memberships' into the high tens of thousands - Essendon have just topped the 70,000 mark, for example. (Click here to read more.) How that might translate to how Charlton is run and owned remains to be seen, but I believe they see season ticket holders as the current 'members'. My contact was very pleased to hear that many people are waiting until new owners are in place to renew their season tickets. I was surprised they didn't know that already!

    4. The reason for all the delays hasn't actually been to do with Roland Duchâtelet dragging his feet. Due diligence has been massively complicated by the fact that RD didn't actually complete proper due diligence himself when he bought the club, because of the circumstances of the sale. The complications they have encountered have apparently been a legacy of the previous Tony Jimenez and Michael Slater regime. I can't comment on their feelings about Roland Duchâtelet. Apparently RD mentioned how powerful the fans are at Charlton, something he hadn't experienced before. I think they see this as a positive.

    5. They are buying the club, lock, stock and barrel. Roland wants to sell, and isn’t looking to hang on to any assets, Sparrows Lane for example - and isn’t looking for and sell-on deals vis a vis player sales. My source hasn't met with Duchâtelet, but has been dealing with his representatives. It's has been a very complicated process, but there has been no dragging of feet.

    6. It was never the intention to make Charlton a kind of nursery club for Australian footballers. If any Australian footballers sign for Charlton it will only be because they are capable of playing at the appropriate level or higher.
    They’re more interested in getting Australians at home, and the Australian community in London, to support the team. They will be very vigorously promoting the club to the Australian community. I can only speculate that if there were any truly top class Australian footballers playing for Charlton, that would only help with that process.

    7. They are looking to appoint a manager ASAP. My source spoke to Lee Bowyer yesterday, and he is being considered for the job. They have approached Chris Powell's people in an attempt to see if he is available as well. Other managers may also be considered, but only experienced ones. Mr Kewell isn't on the list apparently. They are aware that the transfer window is open.

    8. They weren't too worried that we failed to win promotion. Again, because they see this as a long term project, not an immediate bid for glory.

    9. They're genuinely looking forward to establishing contact with groups and trusts connected with Charlton, including CAST and the Community Trust if and when the sale has been completed.

    There was probably more, and if I remember any of it I'll post here.

    If anything comes up at our next meeting I'll also post it here.

    Would like to take him to visit the Museum. I don't suppose anyone on here might be available to help with that ;-)

    Shameless trolling for likes, if you ask me.
  • Page 770 - my OCD has started to kick in for 777. I will soon have to start re-arranging my penis pens.
  • Uboat said:

    Great stuff, thanks @JamesSeed. All positive. Best get ourselves down the local Walkabout.

    I'm going to celebrate by having a barbecue in my pants and vest before getting eaten by a shark.
    I hear the Quaggy is good for surfing.
  • edited May 2018
    Macronate said:

    1. Much rather be a member than a customer.

    Sounds quite exciting.

    2. Interested to see how many Aussie fans we might gain bearing in mind how many there are in London.

    1. I'd be interested to hear their proposals on what membership would entail. Principally, of course, cost and benefits.

    2. Only if we do better than we have been.
  • JamesSeed said:

    @AFKABartram Did I say that was the only reason they wanted to buy the club? If I did that’s certainly wasn’t intended.

    Fair enough Jimbo, just how I read it.
  • There was a bloke sitting outside the pub on his own yesterday wearing a corkless Australian hat.
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  • For the first time in a long while I actually feel positive about a takeover actually existing, partly due to Muir showing up at The Valley but mostly due to Mr Seed.

    Ps I tried non alcohol later yesterday, that was odd.
  • cafc-west said:

    JamesSeed said:

    Great news James and a great relief . I , we, were all very anxious about how you were going to manage the cleanup. A dishwasher is a fantastic labour saving device and it’s a credit to you that you've had the foresight to have had one installed. Speaks volumes about the likely success of future dinner parties. I for one am ending my boycott - I’m free next saturday night .

    I have friends who have two dishwashers. Highly recommended apparently.

    8pm, Aussie consortium willing.
    I'm having dramas with a customer at the moment because I cannot fit a washing machine and normal sized dishwasher on any side of their kitchen, so they've decided to keep the washing machine and have 2 slimline dishwashers on 2 sides of the kitchen. It's only a holiday home ffs.

    Is owning 2 dishwashers the lates status symbol?
    I've read that people have 2 so that they don't unload the d/w - they remove clean stuff as needed - use it and put in the other d/w then when full it goes on and they repeat the cycle. Saves cupboard space and time. I don't even have 1...
    Pure laziness then basically.
  • JamesSeed said:

    ‘He described Fulham as being the only other club in London they might have been interested in. Why? Because both clubs 'have great fans, and a great stadium', which they see as key.’

    Ok this wasn’t a sit down meeting with minutes taken, this was a chat over a beer. And we talked about family and what we’ve been up to for the last five years before the Charlton stuff.

    We were talking about Charlton fans, being special, and he said that’s part of why they chose Charlton. He then said they also like Fulham’s fans and also commented that both clubs had great stadiums. This remarks were made to a third party who was with us, When I said they see that as key, I think what he actually said was ‘really important to us’, and I suspect that was more weighted towards the fans part than the stadium part.

    I didn’t expect the Spanish Inquisition @AFKABartram !

    (I’ve always wanted to say that!)

    We're not a dissimilar club to Fulham at all.
  • cafc-west said:

    JamesSeed said:

    Great news James and a great relief . I , we, were all very anxious about how you were going to manage the cleanup. A dishwasher is a fantastic labour saving device and it’s a credit to you that you've had the foresight to have had one installed. Speaks volumes about the likely success of future dinner parties. I for one am ending my boycott - I’m free next saturday night .

    I have friends who have two dishwashers. Highly recommended apparently.

    8pm, Aussie consortium willing.
    I'm having dramas with a customer at the moment because I cannot fit a washing machine and normal sized dishwasher on any side of their kitchen, so they've decided to keep the washing machine and have 2 slimline dishwashers on 2 sides of the kitchen. It's only a holiday home ffs.

    Is owning 2 dishwashers the lates status symbol?
    I've read that people have 2 so that they don't unload the d/w - they remove clean stuff as needed - use it and put in the other d/w then when full it goes on and they repeat the cycle. Saves cupboard space and time. I don't even have 1...
    Pure laziness then basically.
    which is the definition of a dishwasher, isn't it ?
  • edited May 2018
    JamesSeed said:

    ‘He described Fulham as being the only other club in London they might have been interested in. Why? Because both clubs 'have great fans, and a great stadium', which they see as key.’

    Ok this wasn’t a sit down meeting with minutes taken, this was a chat over a beer. And we talked about family and what we’ve been up to for the last five years before the Charlton stuff.

    We were talking about Charlton fans, being special, and he said that’s part of why they chose Charlton. He then said they also like Fulham’s fans and also commented that both clubs had great stadiums. This remarks were made to a third party who was with us, When I said they see that as key, I think what he actually said was ‘really important to us’, and I suspect that was more weighted towards the fans part than the stadium part.

    I didn’t expect the Spanish Inquisition @AFKABartram !

    (I’ve always wanted to say that!)

    Here's another reason why a good stadium is important.

    https://theworldgame.sbs.com.au/why-london-is-the-socceroos-home-away-from-home
    https://www.socceroos.com.au/news/caltex-socceroos-craven-cottage-our-history-london-ground
  • EXCELLENT news from both @JamesSeed and Igor Vetokele!

    Hopefully we get this takeover done and dusted before the end of May.

    What Igor news?
  • Thats actually a very good point Dave, in that Charlton could become the Aussie base for when they are in London or Europe. I wouldnt have a problem with that.
  • EXCELLENT news from both @JamesSeed and Igor Vetokele!

    Hopefully we get this takeover done and dusted before the end of May.

    What Igor news?

    Just had a brief conversation with Igor Vetokele. He said he wants to come back to us but it is up to the new owners, he said he'd been told there will be new owners this coming week.

  • Thats actually a very good point Dave, in that Charlton could become the Aussie base for when they are in London or Europe. I wouldnt have a problem with that.

    Stadium at about 30k - its absolutely ideal because we play more friendlies in Europe now than at home.
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  • JamesSeed said:

    ‘He described Fulham as being the only other club in London they might have been interested in. Why? Because both clubs 'have great fans, and a great stadium', which they see as key.’

    Ok this wasn’t a sit down meeting with minutes taken, this was a chat over a beer. And we talked about family and what we’ve been up to for the last five years before the Charlton stuff.

    We were talking about Charlton fans, being special, and he said that’s part of why they chose Charlton. He then said they also like Fulham’s fans and also commented that both clubs had great stadiums. This remarks were made to a third party who was with us, When I said they see that as key, I think what he actually said was ‘really important to us’, and I suspect that was more weighted towards the fans part than the stadium part.

    I didn’t expect the Spanish Inquisition @AFKABartram !

    (I’ve always wanted to say that!)

    Context is all. It’s not as if the Aussies are likely to be able to buy Chelsea, Arsenal, Spurs or West Ham - of the club’s that have realistically been available to them, the remainder fall short of Charlton and Fulham (although actually Craven Cottage, while historic and picturesque, is pretty ramshackle).
    Ramshackle maybe but I know for a fact that they own more than two dishwashers.


  • I’m still puzzling over the fact that we are it would seem so very close yet there are still two consortiums in the mix.
  • Don’t shoot messenger but the “British” consortium is Mike Ashley supposedly. Just hasn’t sold the Geordies yet.
  • EXCELLENT news from both @JamesSeed and Igor Vetokele!

    Hopefully we get this takeover done and dusted before the end of May.

    What Igor news?

    Just had a brief conversation with Igor Vetokele. He said he wants to come back to us but it is up to the new owners, he said he'd been told there will be new owners this coming week.

    Thank you :)
  • JamesSeed said:

    ‘He described Fulham as being the only other club in London they might have been interested in. Why? Because both clubs 'have great fans, and a great stadium', which they see as key.’

    Ok this wasn’t a sit down meeting with minutes taken, this was a chat over a beer. And we talked about family and what we’ve been up to for the last five years before the Charlton stuff.

    We were talking about Charlton fans, being special, and he said that’s part of why they chose Charlton. He then said they also like Fulham’s fans and also commented that both clubs had great stadiums. This remarks were made to a third party who was with us, When I said they see that as key, I think what he actually said was ‘really important to us’, and I suspect that was more weighted towards the fans part than the stadium part.

    I didn’t expect the Spanish Inquisition @AFKABartram !

    (I’ve always wanted to say that!)

    Context is all. It’s not as if the Aussies are likely to be able to buy Chelsea, Arsenal, Spurs or West Ham - of the club’s that have realistically been available to them, the remainder fall short of Charlton and Fulham (although actually Craven Cottage, while historic and picturesque, is pretty ramshackle).
    They ain’t got the money yet to buy us let alone any of the others

    That should be the thing that is raising and ringing the loudest alarm bells

    All the way through this the noises from those releasing info about this Aussie bid is the fear for a lack of cash

    Now the third week of May they still don’t have the cash

  • I’m still puzzling over the fact that we are it would seem so very close yet there are still two consortiums in the mix.

    I'm kicking myself. Meant to ask about this, but was worried about getting everything into the oven on time, so it slipped my mind.
    For what it's worth my chap did say, 'we've done our bit, we just have to see what happens.' But he then said we think it'll happen next week. As i said, next week might be being a bit optiistic, but who knows.
  • cafc-west said:

    JamesSeed said:

    Great news James and a great relief . I , we, were all very anxious about how you were going to manage the cleanup. A dishwasher is a fantastic labour saving device and it’s a credit to you that you've had the foresight to have had one installed. Speaks volumes about the likely success of future dinner parties. I for one am ending my boycott - I’m free next saturday night .

    I have friends who have two dishwashers. Highly recommended apparently.

    8pm, Aussie consortium willing.
    I'm having dramas with a customer at the moment because I cannot fit a washing machine and normal sized dishwasher on any side of their kitchen, so they've decided to keep the washing machine and have 2 slimline dishwashers on 2 sides of the kitchen. It's only a holiday home ffs.

    Is owning 2 dishwashers the lates status symbol?
    I've read that people have 2 so that they don't unload the d/w - they remove clean stuff as needed - use it and put in the other d/w then when full it goes on and they repeat the cycle. Saves cupboard space and time. I don't even have 1...
    Pure laziness then basically.
    which is the definition of a dishwasher, isn't it ?
    Don't have one
  • Don’t shoot messenger but the “British” consortium is Mike Ashley supposedly. Just hasn’t sold the Geordies yet.

    Not the first time I’ve heard that. Selling Newcastle is likely to be months and months away.

This discussion has been closed.

Roland Out Forever!