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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • JamesSeed said:

    Chizz said:

    Chizz said:

    As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.

    If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.

    Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
    Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.

    The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
    The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?

    If not, then it's clear that the value if the club is diminishing week by week, currently.

    Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
    They're not delaying buying the club to save money. They're not delaying buying the club at all.
    This.
  • edited May 2018

    So who's going to create a Lego version of the takeover thread?

    Soon Weegie,

    So many Charlton Lifers have been bricking it.
  • Hinton said:

    Will this saga last as long as The Mousetrap.

    Hope not, spent ages setting up and in the end it was crap.
    Bet there was a bit missing too....
  • JamesSeed said:

    Chizz said:

    Chizz said:

    As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.

    If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.

    Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
    Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.

    The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
    The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?

    If not, then it's clear that the value if the club is diminishing week by week, currently.

    Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
    They're not delaying buying the club to save money. They're not delaying buying the club at all.
    I haven't suggested they are
  • edited May 2018

    JamesSeed said:

    Chizz said:

    Chizz said:

    As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.

    If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.

    Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
    Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.

    The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
    The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?

    If not, then it's clear that the value if the club is diminishing week by week, currently.

    Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
    They're not delaying buying the club to save money. They're not delaying buying the club at all.
    This.
    So to be clear.

    This sale will go through once the EFL have completed their fit and proper person investigation ? No other holdups ?

  • The title of the thread "It was mañana." I suspect this will still be true in another week. Or three.

    I don't think so. But we'll see. Might be tied up this week, announced next week. Hope so.
  • Chizz said:

    JamesSeed said:

    Chizz said:

    Chizz said:

    As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.

    If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.

    Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
    Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.

    The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
    The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?

    If not, then it's clear that the value if the club is diminishing week by week, currently.

    Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
    They're not delaying buying the club to save money. They're not delaying buying the club at all.
    I haven't suggested they are
    I know Chizz, but people could have drawn that inference from your last sentence.
  • End of the day, if Cawley is saying it’s with the EFL then funds must be in place, next week could be interesting.
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  • J BLOCK said:

    End of the day, if Cawley is saying it’s with the EFL then funds must be in place, next week could be interesting.


    @J BLOCK promises takeover will be done by 5.00 pm 28 May 2018.

    Put the champagne on ice



    ... and this
  • edited May 2018
    Granny soapbox quote.

    "The journey of a thousand miles begins with a single step and will take forever by man with duct tape on shoes."
  • The title of the thread "It was mañana." I suspect this will still be true in another week. Or three.

    It's never been anything else.
  • ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks
  • ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks

    We will be taken over, wait a few more weeks(apparantly).

    Don't buy your season ticket yet as Duchatelet will get the dough.

    Hope you enjoyed your holiday.
  • JamesSeed said:

    Chizz said:

    Chizz said:

    As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.

    If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.

    Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
    Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.

    The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
    The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?

    If not, then it's clear that the value if the club is diminishing week by week, currently.

    Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
    They're not delaying buying the club to save money. They're not delaying buying the club at all.
    This.
    Done deal yeah?
  • ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks

    Yes of course - No, Don't Know, Don't Know, No. That should have put you up to date!
  • JamesSeed said:

    Chizz said:

    Chizz said:

    As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.

    If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.

    Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
    Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.

    The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
    The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?

    If not, then it's clear that the value if the club is diminishing week by week, currently.

    Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
    They're not delaying buying the club to save money. They're not delaying buying the club at all.
    This.
    Done deal yeah?
    Yeah.
    Interesting
  • The next takeover thread can't be far off now, surely?
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  • Airman do you know anything about the philip akien rumour at all ??
  • JamesSeed said:

    Chizz said:

    Chizz said:

    As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.

    If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.

    Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
    Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.

    The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
    The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?

    If not, then it's clear that the value if the club is diminishing week by week, currently.

    Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
    They're not delaying buying the club to save money. They're not delaying buying the club at all.
    This.
    Done deal yeah?
    Yeah.
    Care to elaborate a little?
  • FAVADDICK said:

    Airman do you know anything about the philip akien rumour at all ??

    Nothing new. He was identified as chairman in April 2017; he denied still being involved a month ago when he was asked in a social setting. But he is probably savvy enough to know that a positive response would have been posted on social media.
  • Greggs @seth plum cleaning the deep fryer with his tongue at the valley cafe would nearer the level that man is at. ;)
  • T_C_E said:

    Greggs @seth plum cleaning the deep fryer with his tongue at the valley cafe would nearer the level that man is at. ;)

    I have been known to have vegetarian sausages and chips, with tea at the Valley Cafe (no side effects), I would never venture in there if Tony Keohane was lucky enough to secure employment there.
    Winchmore Hill is north of the river, aka Scotland, so I would prefer him to go there.
  • ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks

    We will be taken over, wait a few more weeks(apparantly).

    Don't buy your season ticket yet as Duchatelet will get the dough.

    Hope you enjoyed your holiday.
    yes great holiday thanks Elfs

    thanks for update,i will hold out on season ticket but do you think it would be ok to take up the 2 for £20 home shirt offer?
  • ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks

    We will be taken over, wait a few more weeks(apparantly).

    Don't buy your season ticket yet as Duchatelet will get the dough.

    Hope you enjoyed your holiday.
    yes great holiday thanks Elfs

    thanks for update,i will hold out on season ticket but do you think it would be ok to take up the 2 for £20 home shirt offer?
    Definitely not!

    Get the new kit and then the money goes to the new owners.
  • J BLOCK said:

    End of the day, if Cawley is saying it’s with the EFL then funds must be in place, next week could be interesting.

    We've known it's with the EFL for some time. From the horse's mouth.
This discussion has been closed.

Roland Out Forever!