The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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Don't worry, James, I would never have taken a pint off you...JamesSeed said:
Bet you a pint? And @East_Stand_Loopyricky_otto said:
DittoEast_Stand_Loopy said:Maybe I'm too much of a cynic, but I'm not expecting any statement from anybody today...
(Like taking candy off a baby...)1 -
one of the most non statement statements i've seen since slater was chairman.6
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"The current ownership would like to assure the club’s supporters that the running of the club
into the groundwill remain its priority throughout this process."25 -
Statement now there. Let's try this method again (feel free to join in).eaststandmike said:
Go and mow the lawn SHG, there won't be a statement.ShootersHillGuru said:So not only can the Aussies not agree a deal they also can’t agree a statement.
Go and mow the lawn SHG, the takeover won't be confirmed tomorrow.3 -
so it is the australian football consortium, that we've known about for a long time, rather than muir coming in with a seperate bid..1
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And not mysterious British group.kentaddick said:so it is the australian football consortium, that we've known about for a long time, rather than muir coming in with a seperate bid..
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The key word is 'hope' - not when - but 'hope'0
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Nothingness really but appreciated form the Aussies nonetheless. Weird how Roland is now referring to himself as 'The Ownership'. It's like a sh!t wrestling name.25
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Where as I would have....East_Stand_Loopy said:
Don't worry, James, I would never have taken a pint off you...JamesSeed said:
Bet you a pint? And @East_Stand_Loopyricky_otto said:
DittoEast_Stand_Loopy said:Maybe I'm too much of a cynic, but I'm not expecting any statement from anybody today...
(Like taking candy off a baby...)
And am happy to honour my side of the deal.1 -
The Red Robin said:
https://www.cafc.co.uk/news/view/5b2a6b566699f/news-charlton-athletic-takeover-update
The below statement has been jointly-produced by Charlton Athletic and a group of investors hoping to take over the club.
Charlton Athletic can confirm that it is expecting a takeover of the club to be completed by a select group of investors linked to The Australian Football Consortium.
The group has a significant interest in the long-term prosperity of the club and is committed to seeing the deal go ahead.
Understandably, negotiations of this scale take time due to the enormous amount of due diligence that goes on behind the scenes, the need to satisfy the regulatory complexities of a football takeover and the challenges of assembling an ownership group.
The current ownership would like to assure the club’s supporters that the running of the club will remain its priority throughout this process. The club’s management team are focused on the club’s operations, and Lee Bowyer and his staff are continuing their preparations for the upcoming season.
We will provide a further update when further developments are made. In the meantime, thank you for your continued support.10 -
Wait what? I was expecting that they’d be announcing how this was all a big laugh and they don’t really have any money! What a let down.2
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Bland statement as predicted.
Bloody hell.1 -
If you ask me THIS is the main reason any deal is taking so long to complete.The Red Robin said:https://www.cafc.co.uk/news/view/5b2a6b566699f/news-charlton-athletic-takeover-update
The below statement has been jointly-produced by Charlton Athletic and a group of investors hoping to take over the club.
Charlton Athletic can confirm that it is expecting a takeover of the club to be completed by a select group of investors linked to The Australian Football Consortium.
The group has a significant interest in the long-term prosperity of the club and is committed to seeing the deal go ahead.
Understandably, negotiations of this scale take time due to the enormous amount of due diligence that goes on behind the scenes, the need to satisfy the regulatory complexities of a football takeover and the challenges of assembling an ownership group.
The current ownership would like to assure the club’s supporters that the running of the club will remain its priority throughout this process. The club’s management team are focused on the club’s operations, and Lee Bowyer and his staff are continuing their preparations for the upcoming season.
We will provide a further update when further developments are made. In the meantime, thank you for your continued support.7 -
Key sentence is this one from the Aussies:
'Understandably, negotiations of this scale take time due to the enormous amount of due diligence that goes on behind the scenes, the need to satisfy the regulatory complexities of a football takeover and the challenges of assembling an ownership group.'
'the need to satisfy the regulatory complexities' Suggests the EFL are not happy with the current status of the proposed ownership.
'the challenges of assembling an ownership group.' See the repeated claims of @nth london addick. They haven't got all the investors on board / funds required yet. i.e Roland's asking price.
This has got a while to go yet I feel.4 -
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But still a statement nonetheless. Which you said would be happening, so perhaps your doubters might ease off a bit.JamesSeed said:Bland statement as predicted.
Bloody hell.3 -
Only value in the statement appears to be the fact of it being made.37
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The positives are that it is a joint statement rather than the selective leaks from each side we've had for the past few weeks, and therefore it's also positive that it confirms that negotiations are ongoing and that the club is "is expecting a takeover of the club to be completed by a select group of investors linked to The Australian Football Consortium".The Red Robin said:https://www.cafc.co.uk/news/view/5b2a6b566699f/news-charlton-athletic-takeover-update
The below statement has been jointly-produced by Charlton Athletic and a group of investors hoping to take over the club.
Charlton Athletic can confirm that it is expecting a takeover of the club to be completed by a select group of investors linked to The Australian Football Consortium.
The group has a significant interest in the long-term prosperity of the club and is committed to seeing the deal go ahead.
Understandably, negotiations of this scale take time due to the enormous amount of due diligence that goes on behind the scenes, the need to satisfy the regulatory complexities of a football takeover and the challenges of assembling an ownership group.
The current ownership would like to assure the club’s supporters that the running of the club will remain its priority throughout this process. The club’s management team are focused on the club’s operations, and Lee Bowyer and his staff are continuing their preparations for the upcoming season.
We will provide a further update when further developments are made. In the meantime, thank you for your continued support.
However, while it lists the factors that have meant that negotiations have a taken a long time, it doesn't say which of these time consuming aspects are now complete and which are not - with "the challenges of assembling an ownership group" possibly being the most concerning (and possibly the aspect that is not yet complete?).
No mention of price being a problem though?
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I wish I'd stayed in the garden.2
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True but "Charlton Athletic can confirm that it is expecting a takeover of the club to be completed by a select group of investors linked to The Australian Football Consortium" is a hell of a lot more positive than some of the rumours that it was definitely off.Airman Brown said:Only value in the statement appears to be the fact of it being made.
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Could they have been more explicit perhaps? Could they have said they've satisfied the EFL and that all the funds and investors are in place? That's the one doubt everyone has about the Aussies, would have been good of them to dampen that theory if they could.2
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But, should be considered as more positive than nothing, in my view...Airman Brown said:Only value in the statement appears to be the fact of it being made.
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Just read through 240 new posts and I'm still none the wiser.
Honestly it's enough to make you want to swear.
In fact I'm gonna.
Just sell the club and FUCK OFF.11 -
The posts on the new thread made for the statement could have gone here to help get this one to 1000 pages.
Shame.10 -
But Richard Murray told us their was a British Consortium.
Dick wasn't lying to us was he??29 -
If they had satisfied the EFL and investment was in place the statement wouldnt have been needed in the first place.The Red Robin said:Could they have been more explicit perhaps? Could they have said they've satisfied the EFL and that all the funds and investors are in place? That's the one doubt everyone has about the Aussies, would have been good of them to dampen that theory if they could.
Said what I expected but at least it says they expect to conclude a purchase and shows they have not walked away.4