The statement was not meant for the fans. We're just collateral damage. It was drawn up by the lawyers simply to reassure the football industry at large that CAFC is open for business as "normal", and this takeover malarkey is just some little local difficulty, soon to be resolved. Meanwhile the whole weary process continues at glacier speed, to the profound detriment of the club, the rage and frustration of the fans, and the customary enrichment of the briefs. IMHO.
It was initially drawn up by a couple of the Aussie consortium, but I expect it was checked and/or modified by the Roland side, but then agreed by all parties (and their lawyers) before release.
Only a joint document would have been acceptable to all protagonists. Any fan-friendliness in the original draft has been thoroughly lawyered out in this frigid communication from the parallel universe wherein CAFC is presently marooned, slowly drifting ever more distant from us.
I think that’ll change. They’re pretty laid back for one thing. We’ll see how fan friendly they are when they select me a random fan for the board.
Laid back, are they, Jim?
Well, waking up to find this latest alleged scenario - a true Weston - I have a message for Mr Muir and his mates. It's this. Walk away. Now.
Mr M, I like the cut of your jib. It's plain that, putting business to one side, you've found something in CAFC/CACT that appeals. I think the Addicks would suit you very well, and you us. But let's face facts. We're all being played, held to ransom by our feelings for this grand old club. The Owner will never understand that while there's a hole in his arse, except to use our loyalty as leverage for his own foul purposes.
Oh, you can summon up advisers, brokers, middlemen and bankers to fight your corner, but what you need is a real Negotiator. Someone who doesn't give a hoot, except to get a result. That's where you and we go wrong, see, because we all DO care. We care an awful lot. I'll bet that none of your mob has ever had to do business before with someone like you-know-who.
Well, as of now don't feel you need to speak for me. Call it a day. I've got 64 seasons of memories to keep me going. In that time there have been several Charltons but never one like this. Let the Owner wallow in the God-awful mess he's created, the monumental losses he's piled up - and growing every single week, of course - and instead of clearing off at least with your decent offer he'll have to kiss that good money goodbye as well. How d'yer like THEM eggs, Roly boy?
So let him keep The Valley and Sparrows Lane. What are they worth without us? Buttons. I'd rather see The Valley become another Mountsfield Park than continue like this. And give the players (and staff) their freedom, instead of having their careers blighted by this tin-eared despot and his hapless commissar. To matey they're not people, they're just contracts on legs.
So, just let the Owner stew. In the meantime you'll know where to find me and I guess thousands like me - just whistle and we'll be back, ok? Only, don't leave it too long.
Blimey mate, the tears were starting to well up as I read you post. You may well be bang on the nail here. The Aussies have to either piss or get off the pot; it's all or nothing, the club, the ground and the training ground cannot be separated.
Is everyone seriously getting their knickers in a twist over someone suggesting that there is the option to buy the club minus the training ground & Valley?
It may be true but it doesn't mean the Aussies have to accept the deal!
Can I make a suggestion ... that everyone chills out, enjoys the World Cup, enjoys the sun, go on holiday and celebrate WIOTOS. There’s absolutely nothing we can do to get this pushed over the line any quicker
then how will we get to 1000 pages? that's all the excitement we have these days...
Primarily he's looking for a couple of punters to chuck in about five million quid into the pot. In return for this they get a junior directors role, tickets to every game, the glamour of the English third tier and quite probably all the chips they can eat.
OK I'm being facetious, but it is a genuine question. What is there to sell to additional investors?
Buying into one of the most wonderful football clubs in the world. And yes, I’m being serious.
Being reported on BBC breakfast London news this morning
What did they say?
It's good news week Someone's dropped a bomb somewhere Contaminating atmosphere And blackening the sky
It's good news week Someone's found a way to give The rotting dead a will to live Go on and never die
Have you heard the news What did it say? Who's won that race? What's the weather like today?
It's good news week Families shake the need for gold By stimulating birth control We're wanting less to eat
It's good news week Doctors finding many ways Of wrapping brains on metal trays To keep us from the heat
It's good news week Someone's dropped a bomb somewhere Contaminating atmosphere And blackening the sky
It's good news week Someone's found a way to give The rotting dead a will to live Go on and never die
Have you heard the news What did it say? Who's won that race? What's the weather like today? What's the weather like today?
It's good news week Families shake the need for gold By stimulating birth control We're wanting less to eat
It's good news week Doctors finding many ways Of wrapping brains on metal trays To keep us from the heat To keep us from the heat To keep us from the heat
It's like the clock being right twice a day. Just because the claim of two o'clock is eventually correct does not mean the prediction was correct. And just because the clock struck two, does not mean the person who made the prediction deserves credit, especially when it comes literally months after the predictions were made.
If nothing else from this thread, at least I've been told what the phrase "like the clock being right twice a day" meant. Had no idea....
It's like the clock being right twice a day. Just because the claim of two o'clock is eventually correct does not mean the prediction was correct. And just because the clock struck two, does not mean the person who made the prediction deserves credit, especially when it comes literally months after the predictions were made.
If nothing else from this thread, at least I've been told what the phrase "like the clock being right twice a day" meant. Had no idea....
:-)
actually the expression is "even a broken clock is right twice a day" : - )
Is everyone seriously getting their knickers in a twist over someone suggesting that there is the option to buy the club minus the training ground & Valley?
It may be true but it doesn't mean the Aussies have to accept the deal!
Calm down people. Jeez.
It’s the Aussies looking in to that deal not the other way around
Simple fact is all clues lead to the concluson , the Aussies dont seem to enough money somehow..
Why would they need so many investors? Why would they consider thr purchase without buying the bricks and mortar? Why have taken so long? Why hasn't muir invested more of his own money?
Is everyone seriously getting their knickers in a twist over someone suggesting that there is the option to buy the club minus the training ground & Valley?
It may be true but it doesn't mean the Aussies have to accept the deal!
Calm down people. Jeez.
It’s the Aussies looking in to that deal not the other way around
It's like the clock being right twice a day. Just because the claim of two o'clock is eventually correct does not mean the prediction was correct. And just because the clock struck two, does not mean the person who made the prediction deserves credit, especially when it comes literally months after the predictions were made.
If nothing else from this thread, at least I've been told what the phrase "like the clock being right twice a day" meant. Had no idea....
:-)
actually the expression is "even a broken clock is right twice a day" : - )
Actually, the expression is 'even a stopped clock is right twice a day'.
It's like the clock being right twice a day. Just because the claim of two o'clock is eventually correct does not mean the prediction was correct. And just because the clock struck two, does not mean the person who made the prediction deserves credit, especially when it comes literally months after the predictions were made.
If nothing else from this thread, at least I've been told what the phrase "like the clock being right twice a day" meant. Had no idea....
:-)
The only thing other than the broken clock analogy that I have learned, is that its easier to sell a flat, a house and a corner shop than buying a third rate football club. Im also mightily impressed at the amount of property owned by my fellow addicks.
Is everyone seriously getting their knickers in a twist over someone suggesting that there is the option to buy the club minus the training ground & Valley?
It may be true but it doesn't mean the Aussies have to accept the deal!
Calm down people. Jeez.
It’s the Aussies looking in to that deal not the other way around
And do you think Roland is likely to agree to it?
whether he does or not it would still need the approval of all the ex-directors and we know from ROT's recent 'chat' with Roland that three of the seven will not agree to that. That's not to say that Roland can't repay those loans and then be free to do as he wishes.
Update from "the dark side": Colin's suggested NLA made it up. He' claiming the deal includes everything and talk that the Aussies not having the money is very wide of the mark.
Update from "the dark side": Colin's suggested NLA made it up. He' claiming the deal includes everything and talk that the Aussies not having the money is very wide of the mark.
The best way to understand this takeover is to imagine you're selling a house with a broken clock...
I think the best way to understand the Aussie approach is that of an investment consortium like a Private Equity company (I work for one). Before investing in businesses they create a fund and invite interested parties to contribute - then, when they reach a predetermined threshold they invest in companies they think they can make money on. Looking at the AFC website - that's exactly what they are doing but with a goal to making money by getting CAFC to the Premier League. Ambitious and risky - hence the difficulty in getting investors to buy-into the consortium. Suspect the EFL might have objected to 1 or more of the investors (anyone with a greater than 10% interest) and so they are now back out to market to find some new interested parties - which is probably time consuming and each investor (from experience) will do their own DD.
Update from "the dark side": Colin's suggested NLA made it up. He' claiming the deal includes everything and talk that the Aussies not having the money is very wide of the mark.
Update from "the dark side": Colin's suggested NLA made it up. He' claiming the deal includes everything and talk that the Aussies not having the money is very wide of the mark.
he's also saying its a different group of investors than last year.. despite the fact the official statement from the club explicitly named AFC as the buyers and Gerard Murphy has been involved since we knew of their involvement a year or so ago.
Jimmy it’s not incorrect the difference is I have no bias in what I share all I want is RD gone your source does not want to release the info that has dogged them from the start ref funds
I assure you the pup lines being told from within are not the ones I speak
Be careful who you believe mate is all i say
I could say exactly the same as you nth, with all due respect. They’ve certainly told me no lies up to now. The fact that they don’t want to tell me all about their financing is hardly a surprise is it? Why the hell would they tell me?
They’ve said ‘all incorrect’, and I hope we’ll find out if this is itself correct very soon. I believe it will be, but that’s just my opinion, as I’m not ITK.
Update from "the dark side": Colin's suggested NLA made it up. He' claiming the deal includes everything and talk that the Aussies not having the money is very wide of the mark.
he's also saying its a different group of investors than last year.. despite the fact the official statement from the club explicitly named AFC as the buyers and Gerard Murphy has been involved since we knew of their involvement a year or so ago.
not entirely correct as it said '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'
Update from "the dark side": Colin's suggested NLA made it up. He' claiming the deal includes everything and talk that the Aussies not having the money is very wide of the mark.
he's also saying its a different group of investors than last year.. despite the fact the official statement from the club explicitly named AFC as the buyers and Gerard Murphy has been involved since we knew of their involvement a year or so ago.
Not saying I believe him but that could be true - who is involved in AFC could have changed, for example wasn't there talk of a Greek investor that is no longer involved? And at what point did Muir join?
Update from "the dark side": Colin's suggested NLA made it up. He' claiming the deal includes everything and talk that the Aussies not having the money is very wide of the mark.
he's also saying its a different group of investors than last year.. despite the fact the official statement from the club explicitly named AFC as the buyers and Gerard Murphy has been involved since we knew of their involvement a year or so ago.
Not saying I believe him but that could be true - who is involved in AFC could have changed, for example wasn't there talk of a Greek investor that is no longer involved? And at what point did Muir join?
Muir wasn't involved initially, a Greek guy was so hence the statement saying .... '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 statement was not meant for the fans. We're just collateral damage. It was drawn up by the lawyers simply to reassure the football industry at large that CAFC is open for business as "normal", and this takeover malarkey is just some little local difficulty, soon to be resolved. Meanwhile the whole weary process continues at glacier speed, to the profound detriment of the club, the rage and frustration of the fans, and the customary enrichment of the briefs. IMHO.
It was initially drawn up by a couple of the Aussie consortium, but I expect it was checked and/or modified by the Roland side, but then agreed by all parties (and their lawyers) before release.
Only a joint document would have been acceptable to all protagonists. Any fan-friendliness in the original draft has been thoroughly lawyered out in this frigid communication from the parallel universe wherein CAFC is presently marooned, slowly drifting ever more distant from us.
I think that’ll change. They’re pretty laid back for one thing. We’ll see how fan friendly they are when they select me a random fan for the board.
Laid back, are they, Jim?
Well, waking up to find this latest alleged scenario - a true Weston - I have a message for Mr Muir and his mates. It's this. Walk away. Now.
Mr M, I like the cut of your jib. It's plain that, putting business to one side, you've found something in CAFC/CACT that appeals. I think the Addicks would suit you very well, and you us. But let's face facts. We're all being played, held to ransom by our feelings for this grand old club. The Owner will never understand that while there's a hole in his arse, except to use our loyalty as leverage for his own foul purposes.
Oh, you can summon up advisers, brokers, middlemen and bankers to fight your corner, but what you need is a real Negotiator. Someone who doesn't give a hoot, except to get a result. That's where you and we go wrong, see, because we all DO care. We care an awful lot. I'll bet that none of your mob has ever had to do business before with someone like you-know-who.
Well, as of now don't feel you need to speak for me. Call it a day. I've got 64 seasons of memories to keep me going. In that time there have been several Charltons but never one like this. Let the Owner wallow in the God-awful mess he's created, the monumental losses he's piled up - and growing every single week, of course - and instead of clearing off at least with your decent offer he'll have to kiss that good money goodbye as well. How d'yer like THEM eggs, Roly boy?
So let him keep The Valley and Sparrows Lane. What are they worth without us? Buttons. I'd rather see The Valley become another Mountsfield Park than continue like this. And give the players (and staff) their freedom, instead of having their careers blighted by this tin-eared despot and his hapless commissar. To matey they're not people, they're just contracts on legs.
So, just let the Owner stew. In the meantime you'll know where to find me and I guess thousands like me - just whistle and we'll be back, ok? Only, don't leave it too long.
Blimey mate, the tears were starting to well up as I read you post. You may well be bang on the nail here. The Aussies have to either piss or get off the pot; it's all or nothing, the club, the ground and the training ground cannot be separated.
But why are you assuming this rumour is true? The source is a highly disgruntled former director with a major axe to grind. The other source is a group who have already spend a million Pounds to just clear up legal issues. I'd stick with the latter unless there's proof that they've done something wrong.
I think I might join #TeamWIOTOS and keep away from all of the nonsense.
I'm now seriously concerned that, contrary to what I previously said, the Aussies may not have the funds to buy the club.
Received a message wishing me luck for Friday's ProstateCancerUK ride to Amsterdam, but no sponsorship. Not a penny :-(
I am beginning to think there is a lot of brinkmanship going on now. Two parties still interested ,one if not two in for EFL approval, but deal dragging on. Neither of them seem to be in a rush probably because they both have long term plans and the short term pain to Roland with next season planning and summer wages to pay leaves him in a difficult position. I have mentioned this before but I think his actions of playing one off against the other has done nothing but drive price lower and delay takeover. This EFL approval is also strange, put yourself in Roland's position, wouldn't you want that done when proof of funds was done,so as to not waste time and Lawyers fees only to find out your buyer didn't get approval? This is going to drag on for a while longer yet is my guess.
I have not posted for a month because as far as I can see nothing has changed. Roland knocked back ages ago on Directors Loans by 3 Ex Directors, so we all know he can’t seperate Ground from Club unless he pays up a sum somewhere between £3mn and £7mn , which he has refused to do for a year. Aussies have agreed a price but dont have the full amount. British do exist I believe and had agreed a deal as far back as September with Roland but they want Directors Loans cleared. Murray and the other 3 Directors position on their Loans is unclear , does it rely on involvement. Only thing holding this up is the removal of those charges and Roland can do that any time he chooses, he knows the price I am sure.
West and Large have nailed it. ACL have the vision not Muir. Muir is contributing as an interested party and may have a bigger % than others involved, but I believe it is the commitment to the annual investment needed, not the asking price. RD is just stirring.
Comments
It may be true but it doesn't mean the Aussies have to accept the deal!
Calm down people. Jeez.
And yes, I’m being serious.
Someone's dropped a bomb somewhere
Contaminating atmosphere
And blackening the sky
It's good news week
Someone's found a way to give
The rotting dead a will to live
Go on and never die
Have you heard the news
What did it say?
Who's won that race?
What's the weather like today?
It's good news week
Families shake the need for gold
By stimulating birth control
We're wanting less to eat
It's good news week
Doctors finding many ways
Of wrapping brains on metal trays
To keep us from the heat
It's good news week
Someone's dropped a bomb somewhere
Contaminating atmosphere
And blackening the sky
It's good news week
Someone's found a way to give
The rotting dead a will to live
Go on and never die
Have you heard the news
What did it say?
Who's won that race?
What's the weather like today?
What's the weather like today?
It's good news week
Families shake the need for gold
By stimulating birth control
We're wanting less to eat
It's good news week
Doctors finding many ways
Of wrapping brains on metal trays
To keep us from the heat
To keep us from the heat
To keep us from the heat
:-)
Why would they need so many investors?
Why would they consider thr purchase without buying the bricks and mortar?
Why have taken so long?
Why hasn't muir invested more of his own money?
They’ve said ‘all incorrect’, and I hope we’ll find out if this is itself correct very soon. I believe it will be, but that’s just my opinion, as I’m not ITK.
I think I might join #TeamWIOTOS and keep away from all of the nonsense.
Roland knocked back ages ago on Directors Loans by 3 Ex Directors, so we all know he can’t seperate Ground from Club unless he pays up a sum somewhere between £3mn and £7mn , which he has refused to do for a year.
Aussies have agreed a price but dont have the full amount.
British do exist I believe and had agreed a deal as far back as September with Roland but they want Directors Loans cleared.
Murray and the other 3 Directors position on their Loans is unclear , does it rely on involvement.
Only thing holding this up is the removal of those charges and Roland can do that any time he chooses, he knows the price I am sure.