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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • JamesSeed said:

    Battersea.

    ‘BBC Addicks’ anyone?

    ‘Battersea, Balham and Clapham Addicks’ of course.
    I think we could get a good guest for our lunch ;-)
    Corrected that for you
  • WOW !

    What a day !

    A beautiful wedding to savour AND exciting news of a beautiful divorce just around the corner !

    This "member's" tingle is moving onwards & upwards !

    I'm recommending a special tea towel award for Lord Seed at next season's POTY dinner....

    Doesn’t Bexley Boy get a tea towel award as well?
  • If Ashley is part of a proposed group then that surely won't be happening. Newcastle aren't even close to being taken over, and the latest is that Ashley has upped his asking price yet again.

    So if RD has a buyer close to purchasing us in the next 1-2 weeks he's surely going to take that rather than fund us throughout the summer (and for however many more months), on the off chance Newcastle gets sold soon.

    Ashley? Where did his name come from?
  • 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!)

    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

    Yep sound like a bunch of chancers in that respect. If they've not got confirmed funding at this stage after a year or so of alleged interest makes me think they're blagging.

    I don't want us to be part of some new experiment with national teams having us as a European base and being considered as interchangeable with Fulham or being a showcase shop window for Oz talent. Just want to be run like a normal football club in South east London without gimmicks or angles and where the primary agenda is striving for football success whether we achieve it or not.

    Because of the utter shitshow of the past few years there's an understandable desperation that "anything is better" and taking a blinkered approach. Of course optimism and hope are vital but not blind optimism and papering over the fact allegedly people are trying to take over without sufficient funds to buy let alone run us as a going concern in a loss making league.

    Nothing I've read gives me anymore confidence that this is anything other than a load of false hope that will petter out again in a week for some reason or other or worse we'll end up with another bunch of talk the talk but fail to deliver bullshit merchants.

    Really hope I'm wrong but seems more of the same in the joyless saga of supporting this dire club.
  • edited May 2018
    JamesSeed said:

    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

    Yep sound like a bunch of chancers in that respect. If they've not got confirmed funding at this stage after a year or so of alleged interest makes me think they're blagging.

    I don't want us to be part of some new experiment with national teams having us as a European base and being considered as interchangeable with Fulham or being a showcase shop window for Oz talent. Just want to be run like a normal football club in South east London without gimmicks or angles and where the primary agenda is striving for football success whether we achieve it or not.

    Because of the utter shitshow of the past few years there's an understandable desperation that "anything is better" and taking a blinkered approach. Of course optimism and hope are vital but not blind optimism and papering over the fact allegedly people are trying to take over without sufficient funds to buy let alone run us as a going concern in a loss making league.

    Nothing I've read gives me anymore confidence that this is anything other than a load of false hope that will petter out again in a week for some reason or other or worse we'll end up with another bunch of talk the talk but fail to deliver bullshit merchants.

    Really hope I'm wrong but seems more of the same in the joyless saga of supporting this dire club.
    What do you know. Charlton isn't even your real middle name, fgs.

    Joking apart, there's plenty of money sloshing around, but I think if you genuinely want to get to the Premier League, the more backing you have the better. The principal man in the consortium may have 4 or 5 hundred million in the bank, but I find it quite reassuring that he knows that further backing is essential, don't you?
    I find it alarming that it's nearly end of may and the deal has not been done. The longer it goes the less time we have to prepare for next term and the more likely the lack of planning and instability will lead to another turgid season of huge underachievement and further cementing our position as a third tier club with dwindling crowds.

    Muir has alleged been on the scene for ages and of course more money is better but further investment can be sought on am ongoing basis. He either wants to buy us or not at this stage and is willing to commit the required resources or not.

    Our most successful season of recent times came with uber blaggers jiminez and slater got in, got Powell and bankrolled an epic pre season that saw us dominate the league. That went tits up when the key funder realised what he had been sold may have been slightly exaggerated and pulled the plug.

    Friendlies start in or so weeks and this drags on with no CEO, FD, permanent manager and a further decimated squad with loanees returning.

    If the additional funders don't materialise then it's been a complete waste of time and potential kept out other interested parties.



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  • 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!)

    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

    NLA - I also think there is some reason for caution, but I believe you are overstating it when you say they don't have the cash. If I understand correctly, you are extrapolating it from a reported statement that they don't have the final sign-off on the deal from a couple of investors. That could mean nothing because it is clear there has been detailed discussion between RD's representative and the Aussies over the last fortnight.

    I have also never thought they would settle the ex-directors' loans up front - the lack of progress on that has been a major driver of public scepticism.

    The Aussies' behaviour - not just appearing in public but multiple briefings by more than one person, including of mainstream media (at least three outlets, to my knowledge) - doesn't suggest to me an exercise in brinkmanship. Indeed, it would be useless as brinkmanship because those outlets have not published what they have been told. The Aussies are very confident it is happening.

    Still, they may be wrong. My caution comes because I know they have been confident previously, and so have the club's own lawyers, but matters haven't progressed. RD is also an awkward bastard. However, what's been happening in the last two or three weeks goes well beyond anything we have seen or heard before. It's not consistent with them not having the cash unless they are all fools, and I see no evidence of that.
    From what he was saying they've been in detailed discussions for a very long time, which is what you've said all along I believe.
  • edited May 2018
    JamesSeed said:

    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

    NLA - I also think there is some reason for caution, but I believe you are overstating it when you say they don't have the cash. If I understand correctly, you are extrapolating it from a reported statement that they don't have the final sign-off on the deal from a couple of investors. That could mean nothing because it is clear there has been detailed discussion between RD's representative and the Aussies over the last fortnight.

    I have also never thought they would settle the ex-directors' loans up front - the lack of progress on that has been a major driver of public scepticism.

    The Aussies' behaviour - not just appearing in public but multiple briefings by more than one person, including of mainstream media (at least three outlets, to my knowledge) - doesn't suggest to me an exercise in brinkmanship. Indeed, it would be useless as brinkmanship because those outlets have not published what they have been told. The Aussies are very confident it is happening.

    Still, they may be wrong. My caution comes because I know they have been confident previously, and so have the club's own lawyers, but matters haven't progressed. RD is also an awkward bastard. However, what's been happening in the last two or three weeks goes well beyond anything we have seen or heard before. It's not consistent with them not having the cash unless they are all fools, and I see no evidence of that.
    From what he was saying they've been in detailed discussions for a very long time, which is what you've said all along I believe.
    Yes. What I mean is that they have been sitting round the table in the last three weeks and if there were still things that needed to be resolved at those meetings they may also have needed to be put back to third parties for sign-off.
  • 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

    NLA - I also think there is some reason for caution, but I believe you are overstating it when you say they don't have the cash. If I understand correctly, you are extrapolating it from a reported statement that they don't have the final sign-off on the deal from a couple of investors. That could mean nothing because it is clear there has been detailed discussion between RD's representative and the Aussies over the last fortnight.

    I have also never thought they would settle the ex-directors' loans up front - the lack of progress on that has been a major driver of public scepticism.

    The Aussies' behaviour - not just appearing in public but multiple briefings by more than one person, including of mainstream media (at least three outlets, to my knowledge) - doesn't suggest to me an exercise in brinkmanship. Indeed, it would be useless as brinkmanship because those outlets have not published what they have been told. The Aussies are very confident it is happening.

    Still, they may be wrong. My caution comes because I know they have been confident previously, and so have the club's own lawyers, but matters haven't progressed. RD is also an awkward bastard. However, what's been happening in the last two or three weeks goes well beyond anything we have seen or heard before. It's not consistent with them not having the cash unless they are all fools, and I see no evidence of that.
    It’s more concerning to me that a group of people looking to buy us since October have still not had the deal ratified by all of their investors

    The rumours of the aussies having no money have yet to go away with Bob Whitehead’s tweets , David Smiths posts on here and others who would know

    If the deal hadn’t been ratified and signed off then we can’t be as close as what people hope

    And tbh if the funds haven’t been raised by now and signed off then it leaves you wondering are we to be yet another project

    I don’t buy line that they would buy cafc or Fulham based on ground and fans as the reason of interest

    I do buy the fact that Fulham and us are probably the most patient and willing to wait and see if people can do what they think is a good idea before we start to protest in the manor in which we do

    So it’s like ground hog day in certain ways with the uncertainty of the plan the uncertainty of the final objective

    Maybe I am being too over cautious but this is seeming third time and still we don’t have someone willing to move us on without it being confusing and with caveats
  • James..

    Is it your understanding that a transfer kitty will be available.
  • 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).
    Doubt they could afford Fulham either. Didn’t the current owner pay circa 140m for them??
  • RedJohn said:

    James..

    Is it your understanding that a transfer kitty will be available.

    I think the first thing they should do is sign Paul Hurst, especially if Shrewsbury dont go up.
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  • 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!)

    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

    NLA - I also think there is some reason for caution, but I believe you are overstating it when you say they don't have the cash. If I understand correctly, you are extrapolating it from a reported statement that they don't have the final sign-off on the deal from a couple of investors. That could mean nothing because it is clear there has been detailed discussion between RD's representative and the Aussies over the last fortnight.

    I have also never thought they would settle the ex-directors' loans up front - the lack of progress on that has been a major driver of public scepticism.

    The Aussies' behaviour - not just appearing in public but multiple briefings by more than one person, including of mainstream media (at least three outlets, to my knowledge) - doesn't suggest to me an exercise in brinkmanship. Indeed, it would be useless as brinkmanship because those outlets have not published what they have been told. The Aussies are very confident it is happening.

    Still, they may be wrong. My caution comes because I know they have been confident previously, and so have the club's own lawyers, but matters haven't progressed. RD is also an awkward bastard. However, what's been happening in the last two or three weeks goes well beyond anything we have seen or heard before. It's not consistent with them not having the cash unless they are all fools, and I see no evidence of that.
    It’s more concerning to me that a group of people looking to buy us since October have still not had the deal ratified by all of their investors

    The rumours of the aussies having no money have yet to go away with Bob Whitehead’s tweets , David Smiths posts on here and others who would know

    If the deal hadn’t been ratified and signed off then we can’t be as close as what people hope

    And tbh if the funds haven’t been raised by now and signed off then it leaves you wondering are we to be yet another project

    I don’t buy line that they would buy cafc or Fulham based on ground and fans as the reason of interest

    I do buy the fact that Fulham and us are probably the most patient and willing to wait and see if people can do what they think is a good idea before we start to protest in the manor in which we do

    So it’s like ground hog day in certain ways with the uncertainty of the plan the uncertainty of the final objective

    Maybe I am being too over cautious but this is seeming third time and still we don’t have someone willing to move us on without it being confusing and with caveats
    But they don’t know, which is the point. Bob and friends have never been contacted by the Australians, but how important that is depends on how big an issue you think the loans are. With no leases and nothing being borrowed against the assets, the loan holders have no cards to play and can be ignored.

    The loans are only repayable or attract interest on promotion to the PL, in which case they become a trivial consideration because of the relative sums.

    You also have to bear in mind they may have been painted as completely unreasonable and intractable by Duchatelet and Murray for their own purposes or, to be more charitable, because that is their view of them.
  • 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

    NLA - I also think there is some reason for caution, but I believe you are overstating it when you say they don't have the cash. If I understand correctly, you are extrapolating it from a reported statement that they don't have the final sign-off on the deal from a couple of investors. That could mean nothing because it is clear there has been detailed discussion between RD's representative and the Aussies over the last fortnight.

    I have also never thought they would settle the ex-directors' loans up front - the lack of progress on that has been a major driver of public scepticism.

    The Aussies' behaviour - not just appearing in public but multiple briefings by more than one person, including of mainstream media (at least three outlets, to my knowledge) - doesn't suggest to me an exercise in brinkmanship. Indeed, it would be useless as brinkmanship because those outlets have not published what they have been told. The Aussies are very confident it is happening.

    Still, they may be wrong. My caution comes because I know they have been confident previously, and so have the club's own lawyers, but matters haven't progressed. RD is also an awkward bastard. However, what's been happening in the last two or three weeks goes well beyond anything we have seen or heard before. It's not consistent with them not having the cash unless they are all fools, and I see no evidence of that.
    It’s more concerning to me that a group of people looking to buy us since October have still not had the deal ratified by all of their investors

    The rumours of the aussies having no money have yet to go away with Bob Whitehead’s tweets , David Smiths posts on here and others who would know

    If the deal hadn’t been ratified and signed off then we can’t be as close as what people hope

    And tbh if the funds haven’t been raised by now and signed off then it leaves you wondering are we to be yet another project

    I don’t buy line that they would buy cafc or Fulham based on ground and fans as the reason of interest

    I do buy the fact that Fulham and us are probably the most patient and willing to wait and see if people can do what they think is a good idea before we start to protest in the manor in which we do

    So it’s like ground hog day in certain ways with the uncertainty of the plan the uncertainty of the final objective

    Maybe I am being too over cautious but this is seeming third time and still we don’t have someone willing to move us on without it being confusing and with caveats
    Assuming there are multiple investors in this deal and assuming detailed negotiations have taken place over the last three weeks as reported by Airman then you would expect that those last weeks of negotiations would throw up a few things that would need to be signed off by the individual investors. I would think that each of those money men would have their legal teams run over any new or re negotiated details.

    It makes sense to me that it couldn’t get to the stage we are seemingly at including EFL ratification if there was not detailed proof of funds.

  • Glicksteen,Fry,Barrow Boys,RD-------our history is full of top notch "owners"----whom ever comes next ,bring it on ----seen it,herd it ,lived it.
  • Ah........sowing the Seed of love !!!
  • JamesSeed said:

    RedJohn said:

    James..

    Is it your understanding that a transfer kitty will be available.

    Too right! They aim to get us into the Premier League and know that that takes money. That's why they have a group of investors, rather than just Andrew Muir's money.
    No different to Palace in that respect, or Arsenal, or Everton until recently.
  • edited May 2018
    JamesSeed said:

    Thanks for kind remarks. It just fell in to my lap.

    This is because I am a descendant of Seed. It was always going to be this way.

    I'm lost. Because James Seed was your grandfather, you dropped your boned chicken with marmalade glaze in your lap? Cause and effect has changed a bit since my day.
  • JamesSeed said:

    Battersea.

    ‘BBC Addicks’ anyone?

    ‘Battersea, Balham and Clapham Addicks’ of course.
    I think we could get a good guest for our launch ;-)
    So that's actually "South Chelsea, South Cla'ham and Cla'ham Addicks".
This discussion has been closed.

Roland Out Forever!