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Who owns the Valley? - The Ownership Thread
Comments
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Duchatelet will be allowed to develop The Valley into housing once ESI have moved the club to the Peninsular. Move in time for the 2022/23 season I’m hearing..5
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I think we should demand that the new owners spell out their plan. To make it really, really clear. You know, sort of "black and white". We could even make those demands clear at a home game, somehow.ShootersHillGuru said:Duchatelet will be allowed to develop The Valley into housing once ESI have moved the club to the Peninsular. Move in time for the 2022/23 season I’m hearing..6 -
I believe the term is ‘shit troll’ShootersHillGuru said:Duchatelet will be allowed to develop The Valley into housing once ESI have moved the club to the Peninsular. Move in time for the 2022/23 season I’m hearing..1 -
My contact at ESI.Chizz said:
What is the source of that figure?Scoham said:
So they’ve spent £50/60m on the club but don’t even own the stadium and training ground?i_b_b_o_r_g said:RD still listed as Active owner, so reck9n the properties are both still his atm
I reckon Companies House just hasn’t been updated yet.0 -
Could you ask your contact whether they own the ground please?Scoham said:
My contact at ESI.Chizz said:
What is the source of that figure?Scoham said:
So they’ve spent £50/60m on the club but don’t even own the stadium and training ground?i_b_b_o_r_g said:RD still listed as Active owner, so reck9n the properties are both still his atm
I reckon Companies House just hasn’t been updated yet.4 -
Season tickets only £50 so we can suffer the move.ShootersHillGuru said:Duchatelet will be allowed to develop The Valley into housing once ESI have moved the club to the Peninsular. Move in time for the 2022/23 season I’m hearing..0 -
They said probably, they’ll check Companies House in a few weeks to be sure.Chizz said:
Could you ask your contact whether they own the ground please?Scoham said:
My contact at ESI.Chizz said:
What is the source of that figure?Scoham said:
So they’ve spent £50/60m on the club but don’t even own the stadium and training ground?i_b_b_o_r_g said:RD still listed as Active owner, so reck9n the properties are both still his atm
I reckon Companies House just hasn’t been updated yet.8 -
Oh great, thanks. That's a huge relief to know.Scoham said:
They said probably, they’ll check Companies House in a few weeks to be sure.Chizz said:
Could you ask your contact whether they own the ground please?Scoham said:
My contact at ESI.Chizz said:
What is the source of that figure?Scoham said:
So they’ve spent £50/60m on the club but don’t even own the stadium and training ground?i_b_b_o_r_g said:RD still listed as Active owner, so reck9n the properties are both still his atm
I reckon Companies House just hasn’t been updated yet.1 -
Didn't someone mention that there was something strange about the deal ?Chizz said:
I think we should demand that the new owners spell out their plan. To make it really, really clear. You know, sort of "black and white". We could even make those demands clear at a home game, somehow.ShootersHillGuru said:Duchatelet will be allowed to develop The Valley into housing once ESI have moved the club to the Peninsular. Move in time for the 2022/23 season I’m hearing..
I have no idea at all but would like to know whether ESI own everything or whether the Belgian still owns something ?1 -
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A nice 5 minute walk from my placeShootersHillGuru said:0 -
Why would you want to live near a football ground with all those noisy, irresponsible football supporters, singing and shouting in their drunken stupor?Leeds_Addick said:
A nice 5 minute walk from my placeShootersHillGuru said:
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ShootersHillGuru said:
The circular building in the smaller red cycle is the new heritage/arts centre & bar.
Museum will be on second floor.3 -
They moving us to leeds thenLeeds_Addick said:
A nice 5 minute walk from my placeShootersHillGuru said:9 -
I see there is also a nuclear warhead pointing right at the football stadium.7
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Do we definitely know he owns 25%. I have seen official documentation that a UAE company own between 50% and & &%% but where did the rest of this come from please?Athletico Charlton said:So from LenGlovers post, whilst Companies House is a little ambiguous I am going to guess that HE owns likely 75% and Matt Southall 25%? If asking price was £50m where does Southall get £12.5m from not to mention future money to keep club running...? Or is he fronting for someone else's money (like Slater did) or is his 25% of the opco not the propco?0 -
No, that's the luxury floating hotel/bar for Valley Gold membersCovered End said:I see there is also a nuclear warhead pointing right at the football stadium.3 -
I’m in no doubt the purchase involves the land and that we’ll see evidence of that in due course.
A few points though - the football company leases The Valley and Sparrows Lane from its sister company Charlton Athletic Holdings Limited, which owns the freehold. The rent is not significant as both are/have been owned by Baton.
Holdings was set up to protect the freehold assets in the event of the football company going bust. All Baton does is replicate the previous structure when the plc existed. When the club was taken private it was still necessary to have an umbrella company to maintain the relationship between the subsidiaries.
The recent issue of new shares in the football company is potentially disruptive to the above - if those shares are held outside Baton.
I doubt if there are any funders to the training ground development who have to be consulted. Duchatelet decided not to take the substantial funding available in 2013/14 so that could do whatever he wanted rather than meet their requirements.
CACT will have existing leases or sub leases with one or other of the subsidiaries, probably CAFC Ltd, which are unlikely to be affected.
There is some historic external funding for artificial pitches for CACT but again the relationship is with the subsidiaries not the ultimate owner - and the obligation may or may not have been transferred to the rugby club land as that was the intention but the situation with that development isn’t clear to me at this point.
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Seriously guys, this is pathetic. Get a grip.
I'm sure we will know a lot more in due course. For now, just be happy that our nightmare is over.
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I enjoy Chizz and his "from me to you" chuckle brother routine. It's great how everyone else plays the straight man.
Mark Goldberg paid 22 million to Ron Noades which included a 4 million loan from Noades to get the deal done in taking over that club. Unfortunately for Goldberg his only assets were the use of the boardroom and the players. No wonder he went bankrupt when the value of the players dropped and Noades still owned the ground and training ground.
Duchatelet wanted 50 to 60 million for a lock, stock and barrel sale. He's gone, he's got what he wanted. Roland is history.
We move on to see what ESI short and long term goals are ? The short term may be clearer by February 1st.
From me to you.
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https://beta.companieshouse.gov.uk/company/12312818/filing-historyredman said:
Do we definitely know he owns 25%. I have seen official documentation that a UAE company own between 50% and & &%% but where did the rest of this come from please?Athletico Charlton said:So from LenGlovers post, whilst Companies House is a little ambiguous I am going to guess that HE owns likely 75% and Matt Southall 25%? If asking price was £50m where does Southall get £12.5m from not to mention future money to keep club running...? Or is he fronting for someone else's money (like Slater did) or is his 25% of the opco not the propco?
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That's what I think, but just saying there's probably no point in checking Land Registery atm for the same reasonScoham said:
So they’ve spent £50/60m on the club but don’t even own the stadium and training ground?i_b_b_o_r_g said:RD still listed as Active owner, so reck9n the properties are both still his atm
I reckon Companies House just hasn’t been updated yet.1 -
I'm convinced he wanted a lot more than that.soapboxsam said:I enjoy Chizz and his "from me to you" chuckle brother routine. It's great how everyone else plays the straight man.
Mark Goldberg paid 22 million to Ron Noades which included a 4 million loan from Noades to get the deal done in taking over that club. Unfortunately for Goldberg his only assets were the use of the boardroom and the players. No wonder he went bankrupt when the value of the players dropped and Noades still owned the ground and training ground.
Duchatelet wanted 50 to 60k for a lock, stock and barrel sale. He's gone, he's got what he wanted. Roland is history.
We move on to see what ESI short and long term goals are ? The short term may be clearer by February 1st.
From me to you.3 -
But what will fill the void of "woe is me" despair and anxt if we all just get on with it an hope for the best?Off_it said:Seriously guys, this is pathetic. Get a grip.
I'm sure we will know a lot more in due course. For now, just be happy that our nightmare is over.
Honestly, we have all got what most of us have been hoping for for the best part of 4 years now....yes it could go pear shape and yes there may be bumps in the road but at least there is hope and possibility that it will go well and we will have an ownership that has football ambition and "gets us". Something that was never there with the ownership in place only last week.
Gone are the romantic days of a rich, local fan keeping us going and moving forward and this is the face of the modern English game.
They're probably good guys who will make a fist of doing right by the club until they get bored, make an adequate profit or otherwise just like pretty much every modern day ownership.
If you look for fault or cause for concern/ alarm/ anxiety in this (and pretty much anything in life) you'll find them.
Should we blindly trust words without actions, no of course not but we should also enjoy the ride after so many years of turgid misery. If they turn out to be wrong uns, well we are now well versed in how to deal with that, but until then let's just enjoy it and hope for the best without analysing every minutiae of detail and looking for problems where they may not even exist.
Will they be everyone's versions of Charlton? No probably not, but I imagine they will be a damn sight better than what we have tried to rid ourselves of for nearly half a decade. Who knows, things might even be sunny for us this time.
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Source ?Chizz said:
I'm convinced he wanted a lot more than that.soapboxsam said:I enjoy Chizz and his "from me to you" chuckle brother routine. It's great how everyone else plays the straight man.
Mark Goldberg paid 22 million to Ron Noades which included a 4 million loan from Noades to get the deal done in taking over that club. Unfortunately for Goldberg his only assets were the use of the boardroom and the players. No wonder he went bankrupt when the value of the players dropped and Noades still owned the ground and training ground.
Duchatelet wanted 50 to 60k for a lock, stock and barrel sale. He's gone, he's got what he wanted. Roland is history.
We move on to see what ESI short and long term goals are ? The short term may be clearer by February 1st.
From me to you.0 -
CH currently on 5 day minimum of documentation apparently and as this a simultaneous filing of variant documents could take a bit longer. As for the PSC01, it does state the PSC has direct or indirect control over the shareholding and voting rights, not shares themselves.1
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No source. But, if he had been asking fifty grand, I'd have had a punt.soapboxsam said:
Source ?Chizz said:
I'm convinced he wanted a lot more than that.soapboxsam said:I enjoy Chizz and his "from me to you" chuckle brother routine. It's great how everyone else plays the straight man.
Mark Goldberg paid 22 million to Ron Noades which included a 4 million loan from Noades to get the deal done in taking over that club. Unfortunately for Goldberg his only assets were the use of the boardroom and the players. No wonder he went bankrupt when the value of the players dropped and Noades still owned the ground and training ground.
Duchatelet wanted 50 to 60k for a lock, stock and barrel sale. He's gone, he's got what he wanted. Roland is history.
We move on to see what ESI short and long term goals are ? The short term may be clearer by February 1st.
From me to you.7 -
Cheers Chizz, at least I know you read every word.Chizz said:
No source. But, if he had been asking fifty grand, I'd have had a punt.soapboxsam said:
Source ?Chizz said:
I'm convinced he wanted a lot more than that.soapboxsam said:I enjoy Chizz and his "from me to you" chuckle brother routine. It's great how everyone else plays the straight man.
Mark Goldberg paid 22 million to Ron Noades which included a 4 million loan from Noades to get the deal done in taking over that club. Unfortunately for Goldberg his only assets were the use of the boardroom and the players. No wonder he went bankrupt when the value of the players dropped and Noades still owned the ground and training ground.
Duchatelet wanted 50 to 60k for a lock, stock and barrel sale. He's gone, he's got what he wanted. Roland is history.
We move on to see what ESI short and long term goals are ? The short term may be clearer by February 1st.
From me to you.
Ken Bates became Chelsea owner when he offered 1p: he paid it off in instalments.1 -
Although Goldberg is palice I have always felt sorry for him, seemingly being ripped off.soapboxsam said:I enjoy Chizz and his "from me to you" chuckle brother routine. It's great how everyone else plays the straight man.
Mark Goldberg paid 22 million to Ron Noades which included a 4 million loan from Noades to get the deal done in taking over that club. Unfortunately for Goldberg his only assets were the use of the boardroom and the players. No wonder he went bankrupt when the value of the players dropped and Noades still owned the ground and training ground.
Duchatelet wanted 50 to 60 million for a lock, stock and barrel sale. He's gone, he's got what he wanted. Roland is history.
We move on to see what ESI short and long term goals are ? The short term may be clearer by February 1st.
From me to you.
I almost bought him a drink when I saw him in The C/Oakhill a few years back.0 -
It saves me £3 each day for an update.i_b_b_o_r_g said:
That's what I think, but just saying there's probably no point in checking Land Registery atm for the same reasonScoham said:
So they’ve spent £50/60m on the club but don’t even own the stadium and training ground?i_b_b_o_r_g said:RD still listed as Active owner, so reck9n the properties are both still his atm
I reckon Companies House just hasn’t been updated yet.0
