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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)

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  • Seems pretty clear to me that getting cat A status has been a fundamental part of his strategy - why else would roddy have been his first ‘hire’ ? He’s probably also aware fans don’t want to hear the likely reality so has allowed us to ‘dream’ by aiming high re prem etc - I think he’s trying but like so many others, is finding out just how tough it is to do well in English football 
  • DOUCHER said:
    Seems pretty clear to me that getting cat A status has been a fundamental part of his strategy - why else would roddy have been his first ‘hire’ ? He’s probably also aware fans don’t want to hear the likely reality so has allowed us to ‘dream’ by aiming high re prem etc - I think he’s trying but like so many others, is finding out just how tough it is to do well in English football 
    Yes, running a football club is not easy
  • shirty5 said:
    DOUCHER said:
    Seems pretty clear to me that getting cat A status has been a fundamental part of his strategy - why else would roddy have been his first ‘hire’ ? He’s probably also aware fans don’t want to hear the likely reality so has allowed us to ‘dream’ by aiming high re prem etc - I think he’s trying but like so many others, is finding out just how tough it is to do well in English football 
    Yes, running a football club is not easy
    Yes, he’s also possibly talked a lot of bollox along the way - we shall see this year 
  • edited August 2022
    DOUCHER said:
    DOUCHER said:
    AndyG said:
    AndyG said:
    We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.

    If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
    I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
    That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL. 
    Bloody hell something we agree on mate 😉
    Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
    The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.
    He owns and is bankrolling the club, something no one else was able and or willing to do, even the secret silent billionaires. 
    For now, but based on the false assumption which he keeps repeating for a reason: that he can triple the revenue and sell the ground out in L1 and, as he has also said, win promotion from the Championship without competing on wages. 

    I agree, he is the owner we have and there is no point endlessly going over alternative scenarios any more than revisiting 2006. But it is important to understand why he is the owner - because like ESI he would rent the ground - and that this puts the club is a weak position going forward, even though it has removed the immediate threat of Southall, Farnell and co, which is clearly a good thing. 

    No one else other than ESI would buy the club without the ground. That is still the case and means that unless Sandgaard turns water into wine, which I doubt he can, we still have.a problem. There is no value in the business.
    Well looks like pissing him right off has backfired 
    Except he was an arse when he arrived and before that in terms of other clubs. There’s no evidence his irrationality was confined to Charlton.
    I didn’t say he was but u suggest he now has us by the bollox 
    I don’t think it’s that great for him, to be honest. He could have banked £30m up front with more to come in future based on performance - he’s currently getting £500,000 a year plus potential performance bonuses which TS has shown no evidence he can trigger.

    If TS fails he’ll either lose the rent or have to accept a similar or worse deal to the one he could have had 2017-2020, because the basis of his valuation is a property scheme that won’t fly.
  • DOUCHER said:
    DOUCHER said:
    AndyG said:
    AndyG said:
    We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.

    If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
    I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
    That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL. 
    Bloody hell something we agree on mate 😉
    Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
    The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.
    He owns and is bankrolling the club, something no one else was able and or willing to do, even the secret silent billionaires. 
    For now, but based on the false assumption which he keeps repeating for a reason: that he can triple the revenue and sell the ground out in L1 and, as he has also said, win promotion from the Championship without competing on wages. 

    I agree, he is the owner we have and there is no point endlessly going over alternative scenarios any more than revisiting 2006. But it is important to understand why he is the owner - because like ESI he would rent the ground - and that this puts the club is a weak position going forward, even though it has removed the immediate threat of Southall, Farnell and co, which is clearly a good thing. 

    No one else other than ESI would buy the club without the ground. That is still the case and means that unless Sandgaard turns water into wine, which I doubt he can, we still have.a problem. There is no value in the business.
    Well looks like pissing him right off has backfired 
    Except he was an arse when he arrived and before that in terms of other clubs. There’s no evidence his irrationality was confined to Charlton.
    I didn’t say he was but u suggest he now has us by the bollox 
    I don’t think it’s that great for him, to be honest. He could have banked £30m up front with more to come in future based on performance - he’s currently getting £500,000 a year plus potential performance bonuses which TS has shown no evidence he can trigger.

    If TS fails he’ll either lose the rent or have to accept a similar or worse deal to the one he could have had 2017-2020, because the basis of his valuation is a property scheme that won’t fly.
    No but he seems to be acting stubbornly - something u can afford to do when u have his resources and want to get sone revenge 
  • Be interesting to see RD’s age and how that plays a factor.

    Not suggesting he’s close to leaving this world, but at 75, this may also have an impact for whoever is owner in a few years 
  • Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
  • edited August 2022
    Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
    The reason for separating the two companies was to protect the freehold if the football company went bust. It’s been like that since circa 1992 - and there had been a risk of it going bust in 1991. It always had the same owners until 2020 and was variously a subsidiary of the plc from 1994 and Baton from 2010. 

    The planning system offers quite robust protection because of the land designation. Residential is contrary to the local plan and would be a lengthy legal battle, which would go beyond Greenwich. But a crucial point is that The Valley is a problematic site anyway because of the topography, the railway line and the soil conditions. It probably requires excavation under Ransom Walk railway bridge to create suitable access for a viable number of homes. 
  • Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
    The reason for separating the two companies was to protect the freehold if the football company went bust. It’s been like that since circa 1992 - and there had been a risk of it going bust in 1991. It always had the same owners until 2020 and was variously a subsidiary of the plc from 1994 and Baton from 2010. 
     I get the intention. Times change.
    it's now clearly being used as a stick to beat us with.
  • cabbles said:
    Be interesting to see RD’s age and how that plays a factor.

    Not suggesting he’s close to leaving this world, but at 75, this may also have an impact for whoever is owner in a few years 
    Nancy Pelosi is 82. And she's just about to kick off world war 3!
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  • Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
    The reason for separating the two companies was to protect the freehold if the football company went bust. It’s been like that since circa 1992 - and there had been a risk of it going bust in 1991. It always had the same owners until 2020 and was variously a subsidiary of the plc from 1994 and Baton from 2010. 
     I get the intention. Times change.
    it's now clearly being used as a stick to beat us with.
    I don’t see what would have prevented RD carving it out when he sold the club to ESI anyway.
  • Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
    The reason for separating the two companies was to protect the freehold if the football company went bust. It’s been like that since circa 1992 - and there had been a risk of it going bust in 1991. It always had the same owners until 2020 and was variously a subsidiary of the plc from 1994 and Baton from 2010. 
     I get the intention. Times change.
    it's now clearly being used as a stick to beat us with.
    I don’t see what would have prevented RD carving it out when he sold the club to ESI anyway.
     Don't the Chelsea fans group own the pitch at Stamford bridge or something? Could we have put something like that in place before it started to fall into the hands of people who may not have the interests of CAFC as their sole purpose of getting involved?
    Might have made RD seriously consider any offers to buy lock & stock?
  • edited August 2022
    Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
    The reason for separating the two companies was to protect the freehold if the football company went bust. It’s been like that since circa 1992 - and there had been a risk of it going bust in 1991. It always had the same owners until 2020 and was variously a subsidiary of the plc from 1994 and Baton from 2010. 
     I get the intention. Times change.
    it's now clearly being used as a stick to beat us with.
    I don’t see what would have prevented RD carving it out when he sold the club to ESI anyway.
     Don't the Chelsea fans group own the pitch at Stamford bridge or something? Could we have put something like that in place before it started to fall into the hands of people who may not have the interests of CAFC as their sole purpose of getting involved?
    Might have made RD seriously consider any offers to buy lock & stock?
    Given the multiple investigations of a move to the peninsula, including in conjunction with the council, I doubt the club was ever open to that. It may in fact have pushed the club into admin because there weren’t a lot of other options in 2010 in particular, while in 2013 the spivs were trying to force relocation as the subsequent court case laid out.
  • Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
    The reason for separating the two companies was to protect the freehold if the football company went bust. It’s been like that since circa 1992 - and there had been a risk of it going bust in 1991. It always had the same owners until 2020 and was variously a subsidiary of the plc from 1994 and Baton from 2010. 
     I get the intention. Times change.
    it's now clearly being used as a stick to beat us with.
    I don’t see what would have prevented RD carving it out when he sold the club to ESI anyway.
     Don't the Chelsea fans group own the pitch at Stamford bridge or something? Could we have put something like that in place before it started to fall into the hands of people who may not have the interests of CAFC as their sole purpose of getting involved?
    Might have made RD seriously consider any offers to buy lock & stock?
    Given the multiple investigations of a move to the peninsula, including in conjunction with the council, I doubt the club was ever open to that. It may in fact have pushed the club into admin because there weren’t a lot of other options in 2010 in particular, while in 2013 the spivs were trying to force relocation as the subsequent court case laid out.
    Ever?
    I get when we had gangsters running the club. But in the wholesome, well run years? 
  • edited August 2022
    Has the ground always been a separate entity to the club?
    If not where did this loophole start. Surely their should have been more securities in place than a 'struggling MMO to get planning permission' headache for those that might be intent on using the Valley for other purposes than football.

    Who's at fault for not contractually linking both together?
    My guess is Murray.
    The reason for separating the two companies was to protect the freehold if the football company went bust. It’s been like that since circa 1992 - and there had been a risk of it going bust in 1991. It always had the same owners until 2020 and was variously a subsidiary of the plc from 1994 and Baton from 2010. 
     I get the intention. Times change.
    it's now clearly being used as a stick to beat us with.
    I don’t see what would have prevented RD carving it out when he sold the club to ESI anyway.
     Don't the Chelsea fans group own the pitch at Stamford bridge or something? Could we have put something like that in place before it started to fall into the hands of people who may not have the interests of CAFC as their sole purpose of getting involved?
    Might have made RD seriously consider any offers to buy lock & stock?
    Given the multiple investigations of a move to the peninsula, including in conjunction with the council, I doubt the club was ever open to that. It may in fact have pushed the club into admin because there weren’t a lot of other options in 2010 in particular, while in 2013 the spivs were trying to force relocation as the subsequent court case laid out.
    Ever?
    I get when we had gangsters running the club. But in the wholesome, well run years? 
    The peninsula thing reared its head around 2000 - the board was more focused on raising cash in the City prior to and after that than protecting the ground. There may have been a tension between the two.
  • Crusty54 said:
    Crusty54 said:
    We should still be grateful to Sandgaard. There was a chance we could have ceased to exist and he removed it. Also, he has invested in the club and in my view, wiser investment of the same scale and we would be in a much better place.

    Behind the scenes it has been a bit chaotic as well as in front of them as 4 managers testify to. Stability seems to be a word Sandgaard doesn't understand. He has bought and owns this expensive toy and wants to play with it. The problem is, we have an emotional attachment to it and the fans, lets face it, area a big reason why people buy into a loss making business like football. Well lower league football at least. For the adulation and triumph when you get it right.
    Sandgaard needs to remove his son and wife from the club and bring in experience,  people who know what they are doing.
    After that we can move forward, behind the scenes anyway.
    Can you provide any evidence that Martyn is not carrying out his duties correctly?

    Have you any idea what Raelynn Maloney is working on? I have spoken her and she is doing some trouble shooting like identifying why season tickets to the same address are posted separately. This is down to old computer systems. Changes happening for next season. She knows and understands the internal set up pretty well.
    Oh please, you are not telling me they are suitable for the job and that Sandgaard has not deliberately given them posts because of who they are.
    My Branch Manager was given the post because of his dad being the owner of the company, it's an absolute mess and the poor fella does not know what day of the week it is.
    Was you a supporter of Meire btw?
    Evidence that they are not.

    There are many successful family businesses.
    You were a supporter of Meire?
    It seems you want to live in the past.

    She's long gone.
  • edited August 2022
    DOUCHER said:
    DOUCHER said:
    DOUCHER said:
    AndyG said:
    AndyG said:
    We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.

    If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
    I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
    That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL. 
    Bloody hell something we agree on mate 😉
    Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
    The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.
    He owns and is bankrolling the club, something no one else was able and or willing to do, even the secret silent billionaires. 
    For now, but based on the false assumption which he keeps repeating for a reason: that he can triple the revenue and sell the ground out in L1 and, as he has also said, win promotion from the Championship without competing on wages. 

    I agree, he is the owner we have and there is no point endlessly going over alternative scenarios any more than revisiting 2006. But it is important to understand why he is the owner - because like ESI he would rent the ground - and that this puts the club is a weak position going forward, even though it has removed the immediate threat of Southall, Farnell and co, which is clearly a good thing. 

    No one else other than ESI would buy the club without the ground. That is still the case and means that unless Sandgaard turns water into wine, which I doubt he can, we still have.a problem. There is no value in the business.
    Well looks like pissing him right off has backfired 
    Except he was an arse when he arrived and before that in terms of other clubs. There’s no evidence his irrationality was confined to Charlton.
    I didn’t say he was but u suggest he now has us by the bollox 
    I don’t think it’s that great for him, to be honest. He could have banked £30m up front with more to come in future based on performance - he’s currently getting £500,000 a year plus potential performance bonuses which TS has shown no evidence he can trigger.

    If TS fails he’ll either lose the rent or have to accept a similar or worse deal to the one he could have had 2017-2020, because the basis of his valuation is a property scheme that won’t fly.
    No but he seems to be acting stubbornly - something u can afford to do when u have his resources and want to get sone revenge 
    He doesn't want to get some revenge. He just wants his money back to prove he knows best, but is deluded thinking that he'll get it.
  • swordfish said:
    DOUCHER said:
    DOUCHER said:
    DOUCHER said:
    AndyG said:
    AndyG said:
    We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.

    If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
    I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
    That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL. 
    Bloody hell something we agree on mate 😉
    Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
    The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.
    He owns and is bankrolling the club, something no one else was able and or willing to do, even the secret silent billionaires. 
    For now, but based on the false assumption which he keeps repeating for a reason: that he can triple the revenue and sell the ground out in L1 and, as he has also said, win promotion from the Championship without competing on wages. 

    I agree, he is the owner we have and there is no point endlessly going over alternative scenarios any more than revisiting 2006. But it is important to understand why he is the owner - because like ESI he would rent the ground - and that this puts the club is a weak position going forward, even though it has removed the immediate threat of Southall, Farnell and co, which is clearly a good thing. 

    No one else other than ESI would buy the club without the ground. That is still the case and means that unless Sandgaard turns water into wine, which I doubt he can, we still have.a problem. There is no value in the business.
    Well looks like pissing him right off has backfired 
    Except he was an arse when he arrived and before that in terms of other clubs. There’s no evidence his irrationality was confined to Charlton.
    I didn’t say he was but u suggest he now has us by the bollox 
    I don’t think it’s that great for him, to be honest. He could have banked £30m up front with more to come in future based on performance - he’s currently getting £500,000 a year plus potential performance bonuses which TS has shown no evidence he can trigger.

    If TS fails he’ll either lose the rent or have to accept a similar or worse deal to the one he could have had 2017-2020, because the basis of his valuation is a property scheme that won’t fly.
    No but he seems to be acting stubbornly - something u can afford to do when u have his resources and want to get sone revenge 
    He doesn't want to get some revenge. He just wants his money back to prove he knows best, but is deluded thinking that he'll get it.
    Agree.  He is a fool chasing his losses.
  • AndyG said:
    AndyG said:
    We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.

    If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
    I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
    That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL. 
    Bloody hell something we agree on mate 😉
    Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
    The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.
    He owns and is bankrolling the club, something no one else was able and or willing to do, even the secret silent billionaires. 
    For now, but based on the false assumption which he keeps repeating for a reason: that he can triple the revenue and sell the ground out in L1 and, as he has also said, win promotion from the Championship without competing on wages. Whether he has the appetite or the ability to put in £50m or £100m to try to get there, we’ll see.
    But this is an assumption in itself. Just because he wants to sell out the ground and wants to triple the revenue doesn't mean his ownership is contingent on doing it.
  • AndyG said:
    AndyG said:
    We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.

    If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
    I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
    That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL. 
    Bloody hell something we agree on mate 😉
    Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
    The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.
    He owns and is bankrolling the club, something no one else was able and or willing to do, even the secret silent billionaires. 
    For now, but based on the false assumption which he keeps repeating for a reason: that he can triple the revenue and sell the ground out in L1 and, as he has also said, win promotion from the Championship without competing on wages. Whether he has the appetite or the ability to put in £50m or £100m to try to get there, we’ll see.

    I agree, he is the owner we have and there is no point endlessly going over alternative scenarios any more than revisiting 2006. But it is important to understand why he is the owner - because like ESI he would rent the ground - and that this puts the club is a weak position going forward, even though it has removed the immediate threat of Southall, Farnell and co, which is clearly a good thing. 

    No one else other than ESI would buy the club without the ground. That is still the case and means that unless Sandgaard turns water into wine, which I doubt he can, we still have.a problem. There is no value in the business.
    But that’s not a problem of his doing, is it, it’s down to RD, The Spivs and to a point Murray and co. 
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  • AndyG said:
    AndyG said:
    We all know that RD over values the club but if you look at things in a different way to normal life and more from the crazy world of football.

    If someone has crazy wealth and wants to buy a football club that meets all the requirements of being a top premiership club with enough investment from aforementioned wealth them £50m is a drop in the ocean. It isnt even the cost of a decent premiership player. There are a handful of clubs in lower leagues that meet that criteria and I would argue that we are one of them.
    I'm not saying RD's valuation is anywhere near correct but I'm not in the category of people that have crazy wealth obviously. If I was then £50m shouldn't be a major hurdle in the world of football ownership
    That’s why ultimately I think it will be resolved, but not by TS whose approach is based on a complete misreading of the commercial opportunities outside the PL. 
    Bloody hell something we agree on mate 😉
    Ofcourse you are correct with the best will in the world TS doesnt have the money to get us anywhere near. But I do think we owe the man as he stepped in a dealt with the crooks and RD when nobody else would or was able. I see him as a holding owner to hopefully sort the shite out and then sell whilst making himself a nice few quid with my blessing
    The problem with that for me is that TS doesn’t own anything at Charlton that is worth any money. The only way that changes as far as I can see is by getting to the PL.
    He owns and is bankrolling the club, something no one else was able and or willing to do, even the secret silent billionaires. 
    For now, but based on the false assumption which he keeps repeating for a reason: that he can triple the revenue and sell the ground out in L1 and, as he has also said, win promotion from the Championship without competing on wages. Whether he has the appetite or the ability to put in £50m or £100m to try to get there, we’ll see.

    I agree, he is the owner we have and there is no point endlessly going over alternative scenarios any more than revisiting 2006. But it is important to understand why he is the owner - because like ESI he would rent the ground - and that this puts the club is a weak position going forward, even though it has removed the immediate threat of Southall, Farnell and co, which is clearly a good thing. 

    No one else other than ESI would buy the club without the ground. That is still the case and means that unless Sandgaard turns water into wine, which I doubt he can, we still have.a problem. There is no value in the business.
    But that’s not a problem of his doing, is it, it’s down to RD, The Spivs and to a point Murray and co. 
    It doesn't really matter if it was or wasn't his doing, he's the one who has to try and deal with it now. And if he doesn't, there is trouble ahead.
  • Whatever happens next, the Club (which is what we care about right), will be in a better position to be sold under TS's limited form of ownership - Stable squad, contract length of players good, investment in Sparrows Lane, academy recognition. It's not brilliant but it has stabilised since having mysterious crooks attached to the club (which our key players indicated was the reason they ran their contracts down). Lets not conflate this point with chat about League position or Ex director loans, etc.

    If a Billionaire fancies coming in now, he can be as silent or unsilent in his approach to purchasing Charlton. I've often seen and heard of people with too much money spending more on a house just to lay a marker down, show off, or just because they can. 
  • mendonca said:
    Whatever happens next, the Club (which is what we care about right), will be in a better position to be sold under TS's limited form of ownership - Stable squad, contract length of players good, investment in Sparrows Lane, academy recognition. It's not brilliant but it has stabilised since having mysterious crooks attached to the club (which our key players indicated was the reason they ran their contracts down). Lets not conflate this point with chat about League position or Ex director loans, etc.

    If a Billionaire fancies coming in now, he can be as silent or unsilent in his approach to purchasing Charlton. I've often seen and heard of people with too much money spending more on a house just to lay a marker down, show off, or just because they can. 
    The 'club' is only worth what Sandgaard is willing to sell it for.
    Remember this is an asset that sold for less than £5 just a couple of years ago.
    You're basically buying a drain on finances in its current form, regardless of what Sandgaard has supposedly put in.
    There's no 'going rate' in this scenario.It's all down to his discretion and whether he wants to cut his ongoing losses.
  • @carly burn agree, although not if there are silent billionaires lurking around Charlton. 
  • Scoham said:
    TS being interviewed on the pitch tomorrow.

    https://www.charltonafc.com/news/eight-things-do-derby-clash
    Hope he sings all his answers
  • Scoham said:
    TS being interviewed on the pitch tomorrow.

    https://www.charltonafc.com/news/eight-things-do-derby-clash
    The family activity zone does have pheonix nights feel about it.
  • Scoham said:
    TS being interviewed on the pitch tomorrow.

    https://www.charltonafc.com/news/eight-things-do-derby-clash
    The family activity zone does have pheonix nights feel about it.
    It’s inflatable flith, that’s what it is 
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