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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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One of the investors they were relying on, was disqualified from investing by the EFL.JamesSeed said:
A blip. The investment is spread out amongst them. When one had to pull out, another is replacing him. No big deal. You’ve said they haven’t the funds all the way along. Not true,nth london addick said:
But that’s where you are incorrect large in the context of buying cafc the Aussie consortium led by Muir right now does not have the funding in place to conclude the deal currentlyLargeAddick said:
Why not? Muir has the money to buy us on his own but he is a successful businessman for a reason. They are just spreading the risk around. One of those sharing the risk was rejected by the EFL because of links to another Club. So now they are looking for a replacement investor. If NLA was to say that LargeAddick doesn’t have the money to conclude a deal he’d be right, just, but to say the Aussies don’t have the money is plainly wrong, they have it but are just not stupid enough to want to spend it.dickplumb said:
It is not rubbish.harveys_gardener said:NLA can you stop posting rubbish like the Aussies haven't got the cssh becaise Muir obviously has. What the consortium has is a well structured business plan with budgeted investment and shared risk. If a hedge fund offered you 6% would you sink all your money in or a fraction then see how things go? Too many poor football owners fail due to open cheque bookd.
The official statement eluded to it
Mr seeds grandson has said it this evening
The facts remain that yes there is atleast seriously wealthy individual who could buy the club using less than 10% of his net wealth but he currently chooses not to
If they were told to conclude today they couldn’t
Due to lack of funds within the consortium to be released into this project
In my world that means you ain’t got the money
I find it hilarious that all day it’s been said I have been fed lies and shite to belittle and muddy the Aussies when all along that person also knew that right now the Aussie bidders still need one or two more people to conclude and seal the deal
These are all facts
They had no immediate replacement and therefore the deal has not been done, because they do not have enough investors willing to invest.
If they get additional investor(s) whether this week or next week or in 6 months, then they will have enough cash to do the deal.
Both you and NLA agree on this, so please let's end it here, because many of us think we understand . Thanks.17 -
Then it makes it very simple then AB they either find the money to buy us lock stock and barrel or they leave empty handed
So the next set of chemical Ali shite to come from within will paint those who decide to not deal as part of the collapse of the takeover should the Aussies not raise the investment into the consortium0 -
Good morning! Happy One Thousand Pages Day everyone!6
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That’s quite wrong sending PMs to people that are offensive at any time of the morningStu_of_Kunming said:
No, i dont, disagreeing with what you post is not having a go, you senile old goat.JamesSeed said:
Certainly wasn't you sir! Stu has a go at me at every opportunity for some reason best known to himself.SoundAsa£ said:
Anyway. When I have time I'll reply to the offensive PM you have sent me at 1am.
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That doesn’t reflect the sums involved though, which while significant to individuals are not that meaningful in terms of the takeover, even cumulatively, especially if you take Murray’s £2.6m out. We’re then talking fractions of £4.4m and in individual cases fractions of £250,000. Nobody is buying that narrative. It’s nothIng to Duchatelet, particularly if it leaves him to pick up another £10m loss.nth london addick said:Then it makes it very simple then AB they either find the money to buy us lock stock and barrel or they leave empty handed
So the next set of chemical Ali shite to come from within will paint those who decide to not deal as part of the collapse of the takeover should the Aussies not raise the investment into the consortium6 -
A day of days - beyond nothing shall remain the same.*Chizz said:Good morning! Happy One Thousand Pages Day everyone!
Apparently, it was foretold on a Mayan Calendar, and Nostradamus had occasional obtuse references as well, not all of it terribly comforting.
*NB unless, of course it does (standard disclaimer applies).2 -
@Airman Brown you're probably best placed to answer this one.
Could there potentially be a scenario where the three ex-directors who would refuse to have The Valley & Sparrows Lane leased out could they potentially be repaid there money owed to them leaving just four ex-directors all in favour of The Valley & Sparrows Lane being leased out? A partial repayment if you like of the ex-directors loans or is the repayment of the loans kind of an all or nothing arrangement?
In short if we were left with 4 ex-directors all happy to have The Valley and Sparrows Lane leased is this possible?0 -
I don’t see him blinking now I reckon he will be more than happy to sit on the club doing the minimum to keep us in the divisionAirman Brown said:
That doesn’t reflect the sums involved though, which while significant to individuals are not that meaningful in terms of the takeover, even cumulatively, especially if you take Murray’s £2.6m out. We’re then talking fractions of £4.4m and in individual cases fractions of £250,000. Nobody is buying that narrative. It’s nothIng to Duchatelet, particularly if it leaves him to pick up another £10m loss.nth london addick said:Then it makes it very simple then AB they either find the money to buy us lock stock and barrel or they leave empty handed
So the next set of chemical Ali shite to come from within will paint those who decide to not deal as part of the collapse of the takeover should the Aussies not raise the investment into the consortium
Yes he wants to sell he also knows he can get offers in the region of 40 mil
If the price is now not met I honestly don’t buy that he will sell and we will be stuck like this for another 12 months
Which will be shite0 -
All because I'm not convinced the aussies are our saviours, I then get accussed to following some bloke I've never heard of, on a forum I've never visited, it's beyond weird.nth london addick said:
That’s quite wrong sending PMs to people that are offensive at any time of the morningStu_of_Kunming said:
No, i dont, disagreeing with what you post is not having a go, you senile old goat.JamesSeed said:
Certainly wasn't you sir! Stu has a go at me at every opportunity for some reason best known to himself.SoundAsa£ said:
Anyway. When I have time I'll reply to the offensive PM you have sent me at 1am.
It's not my fault nothing he's said on this thread has come true, although I've never blamed that on him, I really think he posted what he did in good faith, saldy its looking more and more likely the Aussies found a willing idiot to get their story across, maybe they should focus a little more on getting their own house on order.
as their own website stated, they've been trying to raise funds for 16 months, that is a long, long time.
Anyway I'm not getting involved with him anymore, I really think the bloke is wired up wrong he loses his shit as soon as anyone doesn't fall in line with what he's saying. Everyone is being fed spin and lies, apart from him, of course, no way would his contacts say anything that wasn't 100% true. Delusional.10 -
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Then he’s a madman, because he must have worked out by now that in order to maintain whatever value the business has he will have take another huge hit every year. He can’t cut his way out of it.nth london addick said:
I don’t see him blinking now I reckon he will be more than happy to sit on the club doing the minimum to keep us in the divisionAirman Brown said:
That doesn’t reflect the sums involved though, which while significant to individuals are not that meaningful in terms of the takeover, even cumulatively, especially if you take Murray’s £2.6m out. We’re then talking fractions of £4.4m and in individual cases fractions of £250,000. Nobody is buying that narrative. It’s nothIng to Duchatelet, particularly if it leaves him to pick up another £10m loss.nth london addick said:Then it makes it very simple then AB they either find the money to buy us lock stock and barrel or they leave empty handed
So the next set of chemical Ali shite to come from within will paint those who decide to not deal as part of the collapse of the takeover should the Aussies not raise the investment into the consortium
Yes he wants to sell he also knows he can get offers in the region of 40 mil
If the price is now not met I honestly don’t buy that he will sell and we will be stuck like this for another 12 months
Which will be shite7 -
The loans are all independent of each other, so they can all be settled on different terms - or not settled - but whether the individuals would agree to that is another matter.MartinCAFC said:@Airman Brown you're probably best placed to answer this one.
Could there potentially be a scenario where the three ex-directors who would refuse to have The Valley & Sparrows Lane leased out could they potentially be repaid there money owed to them leaving just four ex-directors all in favour of The Valley & Sparrows Lane being leased out? A partial repayment if you like of the ex-directors loans or is the repayment of the loans kind of an all or nothing arrangement?
In short if we were left with 4 ex-directors all happy to have The Valley and Sparrows Lane leased is this possible?4 -
Can’t disagree with anything there mateStu_of_Kunming said:
All because I'm not convinced the aussies are our saviours, I then get accussed to following some bloke I've never heard of, on a forum I've never visited, it's beyond weird.nth london addick said:
That’s quite wrong sending PMs to people that are offensive at any time of the morningStu_of_Kunming said:
No, i dont, disagreeing with what you post is not having a go, you senile old goat.JamesSeed said:
Certainly wasn't you sir! Stu has a go at me at every opportunity for some reason best known to himself.SoundAsa£ said:
Anyway. When I have time I'll reply to the offensive PM you have sent me at 1am.
It's not my fault nothing he's said on this thread has come true, although I've never blamed that on him, I really think he posted what he did in good faith, saldy its looking more and more likely the Aussies found a willing idiot to get their story across, maybe they should focus a little more on getting their own house on order.
as their own website stated, they've been trying to raise funds for 16 months, that is a long, long time.
Anyway I'm not getting involved with him anymore, I really think the bloke is wired up wrong he loses his shit as soon as anyone doesn't fall in line with what he's saying. Everyone is being fed spin and lies, apart from him, of course, no way would his contacts say anything that wasn't 100% true. Delusional.
But the information that they have been searching for funding for 16months is a shocker I never knew that if they haven’t found it in that long it’s going to be a tough ask to find one or two before the season starts3 -
Discussions about their lack of funding have happened from page 1 of this very thread, April 2017, so 14 months, my mistake.nth london addick said:
Can’t disagree with anything there mateStu_of_Kunming said:
All because I'm not convinced the aussies are our saviours, I then get accussed to following some bloke I've never heard of, on a forum I've never visited, it's beyond weird.nth london addick said:
That’s quite wrong sending PMs to people that are offensive at any time of the morningStu_of_Kunming said:
No, i dont, disagreeing with what you post is not having a go, you senile old goat.JamesSeed said:
Certainly wasn't you sir! Stu has a go at me at every opportunity for some reason best known to himself.SoundAsa£ said:
Anyway. When I have time I'll reply to the offensive PM you have sent me at 1am.
It's not my fault nothing he's said on this thread has come true, although I've never blamed that on him, I really think he posted what he did in good faith, saldy its looking more and more likely the Aussies found a willing idiot to get their story across, maybe they should focus a little more on getting their own house on order.
as their own website stated, they've been trying to raise funds for 16 months, that is a long, long time.
Anyway I'm not getting involved with him anymore, I really think the bloke is wired up wrong he loses his shit as soon as anyone doesn't fall in line with what he's saying. Everyone is being fed spin and lies, apart from him, of course, no way would his contacts say anything that wasn't 100% true. Delusional.
But the information that they have been searching for funding for 16months is a shocker I never knew that if they haven’t found it in that long it’s going to be a tough ask to find one or two before the season starts
Yet apparently believing that it might actually be true makes you a troll / stupid.
So, the consortium didn't have the required funds then, by James' own admission they don't have the funds now, when did they have the funds?3 -
Thanks Airman, and lets say the three who refused to have The Valley & Sparrows Lane leased out were offered there outstanding loans in full, could they still refuse to accept repayment or can RD potentially pay them back in full regardless?Airman Brown said:
The loans are all independent of each other, so they can all be settled on different terms - or not settled - but whether the individuals would agree to that is another matter.MartinCAFC said:@Airman Brown you're probably best placed to answer this one.
Could there potentially be a scenario where the three ex-directors who would refuse to have The Valley & Sparrows Lane leased out could they potentially be repaid there money owed to them leaving just four ex-directors all in favour of The Valley & Sparrows Lane being leased out? A partial repayment if you like of the ex-directors loans or is the repayment of the loans kind of an all or nothing arrangement?
In short if we were left with 4 ex-directors all happy to have The Valley and Sparrows Lane leased is this possible?
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A good laugh this thread! Almost on the level of the political ones.0
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Oi Oi Oi...Curb_It said:Point of order ladies and gentlemen. It’s all very depressing. Can we stop the sniping? We are better than this. Definitely looking at a few people on here differently.
But if we have to take sides...
Aussie Aussie Aussie!!!0 -
I can't remember what it's called, but essentially there is a legal precedent that loan repayments cannot be refused if offered in full and in line with the original terms (or better) to unreasonably keep hold of a charge on the security, so would suggest there's no way for the three to block this if the loans are all separate and not linked, but without seeing the terms of the loan and the contracts you couldn't be 100% sure.MartinCAFC said:
Thanks Airman, and lets say the three who refused to have The Valley & Sparrows Lane leased out were offered there outstanding loans in full, could they still refuse to accept repayment or can RD potentially pay them back in full regardless?Airman Brown said:
The loans are all independent of each other, so they can all be settled on different terms - or not settled - but whether the individuals would agree to that is another matter.MartinCAFC said:@Airman Brown you're probably best placed to answer this one.
Could there potentially be a scenario where the three ex-directors who would refuse to have The Valley & Sparrows Lane leased out could they potentially be repaid there money owed to them leaving just four ex-directors all in favour of The Valley & Sparrows Lane being leased out? A partial repayment if you like of the ex-directors loans or is the repayment of the loans kind of an all or nothing arrangement?
In short if we were left with 4 ex-directors all happy to have The Valley and Sparrows Lane leased is this possible?2 -
That we already know , none of his reactions or actions have been saneAirman Brown said:
Then he’s a madman, because he must have worked out by now that in order to maintain whatever value the business has he will have take another huge hit every year. He can’t cut his way out of it.nth london addick said:
I don’t see him blinking now I reckon he will be more than happy to sit on the club doing the minimum to keep us in the divisionAirman Brown said:
That doesn’t reflect the sums involved though, which while significant to individuals are not that meaningful in terms of the takeover, even cumulatively, especially if you take Murray’s £2.6m out. We’re then talking fractions of £4.4m and in individual cases fractions of £250,000. Nobody is buying that narrative. It’s nothIng to Duchatelet, particularly if it leaves him to pick up another £10m loss.nth london addick said:Then it makes it very simple then AB they either find the money to buy us lock stock and barrel or they leave empty handed
So the next set of chemical Ali shite to come from within will paint those who decide to not deal as part of the collapse of the takeover should the Aussies not raise the investment into the consortium
Yes he wants to sell he also knows he can get offers in the region of 40 mil
If the price is now not met I honestly don’t buy that he will sell and we will be stuck like this for another 12 months
Which will be shite
We have been dealing with a lunatic for 4 yrs3 -
Can anyone tell me when this shit will be over?0
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Page 2000.btrain88 said:Can anyone tell me when this shit will be over?
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Give peace a chance3
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The funds were most likely in place when the EFL submission was made and Muir appeared with the scarf. When the EFL rejected 2 of the consortium members (the rumour goes) they became short of the required amount.Stu_of_Kunming said:
Discussions about their lack of funding have happened from page 1 of this very thread, April 2017, so 14 months, my mistake.nth london addick said:
Can’t disagree with anything there mateStu_of_Kunming said:
All because I'm not convinced the aussies are our saviours, I then get accussed to following some bloke I've never heard of, on a forum I've never visited, it's beyond weird.nth london addick said:
That’s quite wrong sending PMs to people that are offensive at any time of the morningStu_of_Kunming said:
No, i dont, disagreeing with what you post is not having a go, you senile old goat.JamesSeed said:
Certainly wasn't you sir! Stu has a go at me at every opportunity for some reason best known to himself.SoundAsa£ said:
Anyway. When I have time I'll reply to the offensive PM you have sent me at 1am.
It's not my fault nothing he's said on this thread has come true, although I've never blamed that on him, I really think he posted what he did in good faith, saldy its looking more and more likely the Aussies found a willing idiot to get their story across, maybe they should focus a little more on getting their own house on order.
as their own website stated, they've been trying to raise funds for 16 months, that is a long, long time.
Anyway I'm not getting involved with him anymore, I really think the bloke is wired up wrong he loses his shit as soon as anyone doesn't fall in line with what he's saying. Everyone is being fed spin and lies, apart from him, of course, no way would his contacts say anything that wasn't 100% true. Delusional.
But the information that they have been searching for funding for 16months is a shocker I never knew that if they haven’t found it in that long it’s going to be a tough ask to find one or two before the season starts
Yet apparently believing that it might actually be true makes you a troll / stupid.
So, the consortium didn't have the required funds then, by James' own admission they don't have the funds now, when did they have the funds?
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He’s played 48 games for the club now, and was captain towards the end of the season - he’s had his chance!Johnnysummers5 said:Give peace a chance
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Rricky_otto said:
He’s played 48 games for the club now, and was captain towards the end of the season - he’s had his chance!Johnnysummers5 said:Give peace a chance
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Happy Sunday morning to ALL CL members.
I hope everyone is in good health and that we enjoy a good England performance and 3 points.
1000 pages is perverse, just like Roland Duchatelet who since day 1 bought the wrong club and with the example of Standard Liege, it could only end in tears.
Charlton Life is a multifaceted site with so many different topics and interests but the internecine war that broke out on this thread had so many low blows, that Willy waving turned into swollen testicles.
One day we will laugh about this thread (20 years time !) and the truth, the whole truth can be documented and the timeline of events can be stored in the museum.
The most important thing is that CAFC have a viable future under a progressive management.
Have a nice day.
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Morning did i miss anything overnight.2
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I may have missed it (there has been a lot of posts saying very little to try and filter) but I saw a suggestion there is to be a pre season training event in Spain and Welling game therefore to be moved.
My questions are - if anyone knows the answers:
1. Has LB now persuaded RD to fund this?
2. Have the Aussies funded this? - not sure they would but maybe
3. Have some other club benefactors sorted this?
Just curious.
Really wasn’t sure where to post this as this thread seems to be the only game in town now.
If anyone knows the answers might it point to some indication of the takeover outcome?
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Logs on, reads through 15 new pages, sees that nothing has really happened apart from @JamesSeed about to lose the plot, and @Henry Irving is sitting by his laptop typing with one hand and with his knob in the other hand counting down the pages.18
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Yes, I’m aware peace hasnt got an R in it.Johnnysummers5 said:
Rricky_otto said:
He’s played 48 games for the club now, and was captain towards the end of the season - he’s had his chance!Johnnysummers5 said:Give peace a chance
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This discussion has been closed.
