I really don't have a clue any more regarding all this malarkey. I wonder however if hidden in all this milieu are one of two quite heroic ex directors who won't get involved with anything that separates the club from the ground. If am anywhere near right there are unsung heroes about.
I think from previous comments on here it is fair to say there are 3 ,but if Roland pays them off in full there is nothing they can do to stop him. But he has had that option for a long while,and chosen not to. It is in his power to get deal done,but he needs to clear those charges.
To get which deal done @Davidsmith? Australian or British (who you said you believe exist)?
I really don't have a clue any more regarding all this malarkey. I wonder however if hidden in all this milieu are one of two quite heroic ex directors who won't get involved with anything that separates the club from the ground. If am anywhere near right there are unsung heroes about.
I think from previous comments on here it is fair to say there are 3 ,but if Roland pays them off in full there is nothing they can do to stop him. But he has had that option for a long while,and chosen not to. It is in his power to get deal done,but he needs to clear those charges.
If Duchatelet offers to settle with the ex-directors, do we know if they are bound to accept?
Only if they are offered the full amount. otherwise its their choice to say yes or no.
NLA with the greatest respect your posts are becoming positively schizophrenic.
You continually attack the Australians for not having the money but the message is simplistic at best.
You yourself have also outlined the insanity of the nature of the whole deal in terms of; - the current perceived value of the club circa £40mn - the likely funding costs of a 5yr plan circa £1mn per month i.e £60mn
before any capital outlay on infrastructure investment; - potentially circa £2mn per year on player acquisition over a 5yr plan - £10mn - on the training ground and academy circa £15mn
Add in 20% contingency and that is a not so cool £150mn+.
I have exaggerated the figures but no sane business will outlay a penny to buy any business unless the full funding requirement for the project is in place before you step through the door.
If you do then you face scrambling around for funding at the last minute. That is precisely what brings most projects to a grinding halt. It is why businesses fail.
This is about putting together the full working capital for the project. The Australian names in the frame are established major corporate businessmen. Your consistent disregard of their financial status in such a manner sounds increasingly paranoid. Who ultimately does such a dialogue serve?
Putting together a total package together with the guarantees re contingency funding is a very different proposition. You have to get this sort of package right from the outset otherwise you end up with precisely the same nonsense we had under Chappell. It means the crossing of a lot of t's and the dotting a lot of i's.
Overall at this point the Australians have absolutely nothing to lose. They can happily take what funds they have and look elsewhere. In terms of the overall concept they wish to pursue and the money spent they will have learned a great deal and ticked a lot of boxes.
You have dragged up the emotional aspect of The Valley and the training ground. As I have explained before they are a huge sunk cost. In the purest of business terms why spend that money on the ground, or on developing the incomplete training ground when you can obtain security of tenure through a long term lease.
It is a lease the current investor is reported as wanting to create. For him it is the Stayen model all over again.
For either party there is very unlikely to be any short term benefit in owning the Valley or the training ground in terms of any property development.
The only person currently losing money is the current investor. Rental income will offset his losses/ present a return on investment.
As it stands he is well able to afford the losses. He can minimise and cut his future operational losses at a stroke. He can largely mothball the entire operation for the benefit of his grandchildren when who knows what London land and property values will be. For all he cares about football, as many will continue to walk away from this mess, we can become Greenwich Borough Mark II.
None of it will be his fault because nobody listened to him.
Ultimately this is a shit storm of one mans making. It is one mans agenda. It is one mans ego.
So I for one will be extremely grateful if you stop attacking the one party who seems to be trying to offer a solution which will enable us to extract ourselves from the current very likely journey to footballing oblivion.
We are a current League 1 club, with a caretaker managerial and coaching staff now continuing by default, with no CEO, no CFO, no Board, a playing staff already diminished by departures with the apparently planned further restructuring involving 3 or 4 more players.
There will be no pre-season tour. There are currently limited friendlies. All against a background of largely fully functioning and fully operational competitors.
It begs the question why anyone of any known quality would want to join the current debacle.
I appreciate with the current investor there is the financial guarantee everyone will get paid.
In terms of the finances required to compete in this industry it is a major ask.
In terms of the finances required to compete in this industry while picking up the legacy of financial failure of the three prior administrations and the footballing performance of the last administration is a huge ask.
I suggest the coming weeks will present a tipping point for many. The current administration represent none of either my personal or professional values. I am desperately hoping the Australians do get to put the right package together to give us a chance to move forward.
People who are willing to even try to step into this space are few and far between. Those that are trying deserve considerably more respect than is being afforded by too many on here and elsewhere.
Are there any guarantees? None but as it stands every other bugger has walked away or is simply standing on the sidelines watching the game unfold or unravel as you deem it.
If they do would it be viewed as for the best interest of the club and fans it is a pivotal time for this whole charde to come to a conclusion
Am I right in thinking it's possible the ex-director loans are paid off to get the deal over the line, it doesn't necessarily mean it'll involve seperating the club from the ground and/or training ground?
If it got the deal done and RD 100% out then the majority would see it as a positive and worry about any new loans to RD later.
Getting bored of this "my source is better then yours" bullshit, no one on here actually knows what is actually happening as to my knowledge neither RD or AM are posters on CL
I'm done with this thread till the title has changed to "takeover complete".
Getting bored of this "my source is better then yours" bullshit, no one on here actually knows what is actually happening as to my knowledge neither RD or AM are posters on CL
I'm done with this thread till the title has changed to "takeover complete".
NLA with the greatest respect your posts are becoming positively schizophrenic.
Your consistent disregard of their financial status in such a manner sounds increasingly paranoid.
@Grapevine49 I assume you're not actually suggesting that NLA is suffering from psychosis. Please try not to use mental health terms in this way. There's enough stigma as it is. #mentalhealthsoapbox
Getting bored of this "my source is better then yours" bullshit, no one on here actually knows what is actually happening as to my knowledge neither RD or AM are posters on CL
I'm done with this thread till the title has changed to "takeover complete".
Getting bored of this "my source is better then yours" bullshit, no one on here actually knows what is actually happening as to my knowledge neither RD or AM are posters on CL
I'm done with this thread till the title has changed to "takeover complete".
Laters.
My boredom is greater than yours
Are you saying that you are ITK about boredom. I'll raise you a p***ed off and losing the will to live
Arsenetatters - You should know me better than that.
Mental health issues face us all whether we wish to recognise or face them or not. I do not use such words as a label nor diminish the challenges many meet with their mental health.
The term is a defined descriptor of the nature of certain actions and deeds. I used the term to define the tone and content of certain contributions in relation to the reality of the situation no more no less. The remainder of my post positions that reality.
I cannot speak for how others interpret such words but I attach no derogatory value to the use of such terms.
I apologise if the use of such a descriptor caused any offence.
NLA with the greatest respect your posts are becoming positively schizophrenic.
Your consistent disregard of their financial status in such a manner sounds increasingly paranoid.
@Grapevine49 I assume you're not actually suggesting that NLA is suffering from psychosis. Please try not to use mental health terms in this way. There's enough stigma as it is. #mentalhealthsoapbox
Edit: No need for my post after Grapevine's which I hadn't seen.
Getting bored of this "my source is better then yours" bullshit, no one on here actually knows what is actually happening as to my knowledge neither RD or AM are posters on CL
I'm done with this thread till the title has changed to "takeover complete".
Laters.
You'll come crawling back by page 980 @Chef_addick : - )
NLA with the greatest respect your posts are becoming positively schizophrenic.
You continually attack the Australians for not having the money but the message is simplistic at best.
You yourself have also outlined the insanity of the nature of the whole deal in terms of; - the current perceived value of the club circa £40mn - the likely funding costs of a 5yr plan circa £1mn per month i.e £60mn
before any capital outlay on infrastructure investment; - potentially circa £2mn per year on player acquisition over a 5yr plan - £10mn - on the training ground and academy circa £15mn
Add in 20% contingency and that is a not so cool £150mn+.
I have exaggerated the figures but no sane business will outlay a penny to buy any business unless the full funding requirement for the project is in place before you step through the door.
If you do then you face scrambling around for funding at the last minute. That is precisely what brings most projects to a grinding halt. It is why businesses fail.
This is about putting together the full working capital for the project. The Australian names in the frame are established major corporate businessmen. Your consistent disregard of their financial status in such a manner sounds increasingly paranoid. Who ultimately does such a dialogue serve?
Putting together a total package together with the guarantees re contingency funding is a very different proposition. You have to get this sort of package right from the outset otherwise you end up with precisely the same nonsense we had under Chappell. It means the crossing of a lot of t's and the dotting a lot of i's.
Overall at this point the Australians have absolutely nothing to lose. They can happily take what funds they have and look elsewhere. In terms of the overall concept they wish to pursue and the money spent they will have learned a great deal and ticked a lot of boxes.
You have dragged up the emotional aspect of The Valley and the training ground. As I have explained before they are a huge sunk cost. In the purest of business terms why spend that money on the ground, or on developing the incomplete training ground when you can obtain security of tenure through a long term lease.
It is a lease the current investor is reported as wanting to create. For him it is the Stayen model all over again.
For either party there is very unlikely to be any short term benefit in owning the Valley or the training ground in terms of any property development.
The only person currently losing money is the current investor. Rental income will offset his losses/ present a return on investment.
As it stands he is well able to afford the losses. He can minimise and cut his future operational losses at a stroke. He can largely mothball the entire operation for the benefit of his grandchildren when who knows what London land and property values will be. For all he cares about football, as many will continue to walk away from this mess, we can become Greenwich Borough Mark II.
None of it will be his fault because nobody listened to him.
Ultimately this is a shit storm of one mans making. It is one mans agenda. It is one mans ego.
So I for one will be extremely grateful if you stop attacking the one party who seems to be trying to offer a solution which will enable us to extract ourselves from the current very likely journey to footballing oblivion.
We are a current League 1 club, with a caretaker managerial and coaching staff now continuing by default, with no CEO, no CFO, no Board, a playing staff already diminished by departures with the apparently planned further restructuring involving 3 or 4 more players.
There will be no pre-season tour. There are currently limited friendlies. All against a background of largely fully functioning and fully operational competitors.
It begs the question why anyone of any known quality would want to join the current debacle.
I appreciate with the current investor there is the financial guarantee everyone will get paid.
In terms of the finances required to compete in this industry it is a major ask.
In terms of the finances required to compete in this industry while picking up the legacy of financial failure of the three prior administrations and the footballing performance of the last administration is a huge ask.
I suggest the coming weeks will present a tipping point for many. The current administration represent none of either my personal or professional values. I am desperately hoping the Australians do get to put the right package together to give us a chance to move forward.
People who are willing to even try to step into this space are few and far between. Those that are trying deserve considerably more respect than is being afforded by too many on here and elsewhere.
Are there any guarantees? None but as it stands every other bugger has walked away or is simply standing on the sidelines watching the game unfold or unravel as you deem it.
Comments
FACT
That rotten mug certainly ain't SFW
*shudder*
You continually attack the Australians for not having the money but the message is simplistic at best.
You yourself have also outlined the insanity of the nature of the whole deal in terms of;
- the current perceived value of the club circa £40mn
- the likely funding costs of a 5yr plan circa £1mn per month i.e £60mn
before any capital outlay on infrastructure investment;
- potentially circa £2mn per year on player acquisition over a 5yr plan - £10mn
- on the training ground and academy circa £15mn
Add in 20% contingency and that is a not so cool £150mn+.
I have exaggerated the figures but no sane business will outlay a penny to buy any business unless the full funding requirement for the project is in place before you step through the door.
If you do then you face scrambling around for funding at the last minute. That is precisely what brings most projects to a grinding halt. It is why businesses fail.
This is about putting together the full working capital for the project. The Australian names in the frame are established major corporate businessmen. Your consistent disregard of their financial status in such a manner sounds increasingly paranoid. Who ultimately does such a dialogue serve?
Putting together a total package together with the guarantees re contingency funding is a very different proposition. You have to get this sort of package right from the outset otherwise you end up with precisely the same nonsense we had under Chappell. It means the crossing of a lot of t's and the dotting a lot of i's.
Overall at this point the Australians have absolutely nothing to lose. They can happily take what funds they have and look elsewhere. In terms of the overall concept they wish to pursue and the money spent they will have learned a great deal and ticked a lot of boxes.
You have dragged up the emotional aspect of The Valley and the training ground. As I have explained before they are a huge sunk cost. In the purest of business terms why spend that money on the ground, or on developing the incomplete training ground when you can obtain security of tenure through a long term lease.
It is a lease the current investor is reported as wanting to create. For him it is the Stayen model all over again.
For either party there is very unlikely to be any short term benefit in owning the Valley or the training ground in terms of any property development.
The only person currently losing money is the current investor. Rental income will offset his losses/ present a return on investment.
As it stands he is well able to afford the losses. He can minimise and cut his future operational losses at a stroke. He can largely mothball the entire operation for the benefit of his grandchildren when who knows what London land and property values will be. For all he cares about football, as many will continue to walk away from this mess, we can become Greenwich Borough Mark II.
None of it will be his fault because nobody listened to him.
Ultimately this is a shit storm of one mans making. It is one mans agenda. It is one mans ego.
So I for one will be extremely grateful if you stop attacking the one party who seems to be trying to offer a solution which will enable us to extract ourselves from the current very likely journey to footballing oblivion.
We are a current League 1 club, with a caretaker managerial and coaching staff now continuing by default, with no CEO, no CFO, no Board, a playing staff already diminished by departures with the apparently planned further restructuring involving 3 or 4 more players.
There will be no pre-season tour. There are currently limited friendlies. All against a background of largely fully functioning and fully operational competitors.
It begs the question why anyone of any known quality would want to join the current debacle.
I appreciate with the current investor there is the financial guarantee everyone will get paid.
In terms of the finances required to compete in this industry it is a major ask.
In terms of the finances required to compete in this industry while picking up the legacy of financial failure of the three prior administrations and the footballing performance of the last administration is a huge ask.
I suggest the coming weeks will present a tipping point for many. The current administration represent none of either my personal or professional values. I am desperately hoping the Australians do get to put the right package together to give us a chance to move forward.
People who are willing to even try to step into this space are few and far between. Those that are trying deserve considerably more respect than is being afforded by too many on here and elsewhere.
Are there any guarantees? None but as it stands every other bugger has walked away or is simply standing on the sidelines watching the game unfold or unravel as you deem it.
I wish the Australians well in their endeavours.
If it got the deal done and RD 100% out then the majority would see it as a positive and worry about any new loans to RD later.
Was getting a bit miserable and wondering whether NLA may have this bang on.
Then Grapevine wades in with a, admittedly quite long, drop mic.
I am now happy again.
:-)
966
Nobody on here has a clue what the full story is, it is completely out of our control.
Somebody wants to buy, somebody wants to sell. That was the goal - there is nothing left to influence.
If it falls through then that would be really fucked, but it hasn't and they are still working away.
Let them get on with it, go out in the sun, enjoy the world cup and have a beer. This conjecture isn't healthy for anyone!
That said, 1000 pages would be fun...
No, seriously, I do.
I'm done with this thread till the title has changed to "takeover complete".
Laters.
#mentalhealthsoapbox
Just checked and nope, simply saying fact very loudly does not make it so, sadly.
Mental health issues face us all whether we wish to recognise or face them or not. I do not use such words as a label nor diminish the challenges many meet with their mental health.
The term is a defined descriptor of the nature of certain actions and deeds. I used the term to define the tone and content of certain contributions in relation to the reality of the situation no more no less. The remainder of my post positions that reality.
I cannot speak for how others interpret such words but I attach no derogatory value to the use of such terms.
I apologise if the use of such a descriptor caused any offence.
Grapevine49
Dinner is never served in the middle of the day.
Yes is a drink not a meal. Although you can have sandwiches, biscuits, cake or bread and jam with tea.
Fact.