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

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  • edited September 2022
    Calling it now...............Dobson and Clare will be sold in January to recoup more money
    IMO, I think we will see the sale of more players in the January window, including some of our promising youth. Plus, I cannot see any coming in.

    If TS has decided to get out, I think he will look to recoup as much of his losses as he can whilst chasing his, already announced, break-even position. 

    As many have already said, a buyer will be hard, if not impossible, to find without the assets still owned by the Belgian. 

    A grim outlook if this is the planned senario.  
  • clb74 said:
    Croydon said:
    J BLOCK said:
    DOUCHER said:
    I'd given TS the benefit of the doubt - albeit i'd taken a lot of what he said with a pinch of salt - but the closing of the transfer window with no goalscorer on board has confirmed a lot of things for me. He will forever be thanked for saving us but whatever his intentions originally were, its all gone tits now for one reason or another and the sooner he sells up, the better - hopefully !!!    
    Exactly where I am 
    yep gotta agree - although in reality I'm almost past the point of caring anymore, got far more important things going on in my life, football is definitely down the list of priorities now

    I realised Tuesday that I actually didn't care whether I went or not, I did go but had no real enthusiasm for it at all
     Felt the exact same tuesday night, and i really feel the empty ground played aassive part in it. Had a ST and done 10+ aways pretty much every season, but just going on Tuesday felt like a chore.

    Made a deal with myself at the start of the season to only do away matches that are a direct train from London, but I'm starting to think about whether I can even be bothered with that.
    Its never a chore doing the away games.
    Although I do question my sanity when I know theres no chance of us going up this season.
    It is when you're stuck at Preston waiting on yet another delayed connection 😂
  • Scoham said:
    JaShea99 said:
    No idea why people like this are even given air time.
    Who, Leo Rifkind, our non-exec director?
    Any of them.
  • Cafc43v3r said:
    Bailey said:
    DOUCHER said:
    I'd given TS the benefit of the doubt - albeit i'd taken a lot of what he said with a pinch of salt - but the closing of the transfer window with no goalscorer on board has confirmed a lot of things for me. He will forever be thanked for saving us but whatever his intentions originally were, its all gone tits now for one reason or another and the sooner he sells up, the better - hopefully !!!    
    I think we'd all like him to succeed Doucher, nobody on here can shout 'told you so' and I still and always will believe he's a decent man who didn't realise the depth of the problems that running a club like Charlton in the third division actually entails. I'm still hoping that a scenario may exist where TS can attract other wealthy individuals on to the board, I say may but that is made more difficult by the ownership of the Valley and Sparrows Lane by Dutchelet
    I believe that is less of a problem than it was.  I don't believe Roland is running the day to day business of, well his business, any more.
    Are you suggesting realism has reached Belgium? If so a more realistic price for the clubs infrastructure would attract potential buyers. 
  • mendonca said:
    Just need to be wary of them trying to sell Leaburn and Rak-Sakyi to Palace in the next transfer window :-/

    Not seen Airman on here for a while. Him and Varney busy on the phone?!
    I expect Airman is busy on the final VoTV, delayed reportedly due to a postal strikes, but likely to be such a weighty tome now that it could well be the cause of another.
  • Cafc43v3r said:
    Bailey said:
    DOUCHER said:
    I'd given TS the benefit of the doubt - albeit i'd taken a lot of what he said with a pinch of salt - but the closing of the transfer window with no goalscorer on board has confirmed a lot of things for me. He will forever be thanked for saving us but whatever his intentions originally were, its all gone tits now for one reason or another and the sooner he sells up, the better - hopefully !!!    
    I think we'd all like him to succeed Doucher, nobody on here can shout 'told you so' and I still and always will believe he's a decent man who didn't realise the depth of the problems that running a club like Charlton in the third division actually entails. I'm still hoping that a scenario may exist where TS can attract other wealthy individuals on to the board, I say may but that is made more difficult by the ownership of the Valley and Sparrows Lane by Dutchelet
    I believe that is less of a problem than it was.  I don't believe Roland is running the day to day business of, well his business, any more.
    Are you suggesting that Roland's appointed factotum will be receptive to selling for less than Roland's valuation under his nose whilst he is still alive? LOL.
    Or, in what way is it less of a problem?

  • swordfish said:
    mendonca said:
    Just need to be wary of them trying to sell Leaburn and Rak-Sakyi to Palace in the next transfer window :-/

    Not seen Airman on here for a while. Him and Varney busy on the phone?!
    I expect Airman is busy on the final VoTV, delayed reportedly due to a postal strikes, but likely to be such a weighty tome now that it could well be the cause of another.
    Not being printed until beginning of October. 
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  • swordfish said:
    mendonca said:
    Just need to be wary of them trying to sell Leaburn and Rak-Sakyi to Palace in the next transfer window :-/

    Not seen Airman on here for a while. Him and Varney busy on the phone?!
    I expect Airman is busy on the final VoTV, delayed reportedly due to a postal strikes, but likely to be such a weighty tome now that it could well be the cause of another.
    Not being printed until beginning of October. 
    I'm sure it will be worth the wait.
  • If I was rich enough to own us, I doubt I would be a rockstar owner but if I try to imagine I was and I wrote this great song, I wouldn't walk out on the pitch playing it on my guitar if I knew the deficiencies in the squad I was leading out. If I didn't I probably would soak up the glory - if I was that way inclined. It shows Sandgaards complete lack of football knowledge. It is when I started getting real doubts.
    If I were rich enough to own us I’d bring in an experienced CEO to run the ship on a day to day basis.
    Genuinely don't understand why you would take over a football club and then decide those running it don't need to have a background in football. Never been sure what the masterplan of TS is apart from hoping for the best?

    Can't see this ending well with him as the owner. 

    It's mind boggling really. You wouldn't take over a business in another industry and employ people with absolutely no experience in that sector to run it day to day.

    He's obviously not a stupid guy, so it can only be his ego in thinking he still knows best that's preventing him from hiring the right people.

    Realistically he either needs to hold his hands up, admit he's made mistakes and is making steps to hire the right people at all levels, or he needs to go. It's turned into a complete shit show and doesn't sound like it's getting better any time soon. 
  • DubaiCAFC said:
    Anything from the fans forum last night? 
    I wondered that, we normally get snippets before the full published minutes 
  • Did we get our apology from Leo?
  • I've mainly kept quiet on the TS ownership discussions over the last few months, Yes I will admit, quite readily, I was a supporter of TS when he took us over and saw a potentially 'rosy' future. I read some people wanted him out not long after he started, for whatever reason, and I argued that he needed time, his song didn't offend me and his 'Americanisms' I put down to where he lives and owns a successful business.
    The rumours of him being 'skint' I put to one-side as just people who didn't like him just trying to gain some traction, in fact I thought if TS is 'skint' I wish I could be as 'skint' as him!
    I felt optimism when he appointed Adkins, also the same with Roddy, Mumford and latterly Jokat. When Bowyer left I wasn't disappointed, in fact when JJ took over it was looking a very good turn of events. 
    Wanting to engage with the fans, after what had gone on before was a huge positive and I was feeling that at last we had an owner with good intentions and ambition.
    So taking all the above into account....YES I was a supporter of his, even down to speaking with him on SM and him asking me to help him donate to one @Henry Irving causes (I think it was for Seb Lewis, but stand to be corrected on that).
    However, things for me, then started to appear concerning. The continued employment of Keohone, the 'missed' opportunities in the recent transfer windows, the quick turnover of staff he appointed - Roddy, Mumford, Jokat leaving their respective roles and the appointment of his family to take on roles that none of them are qualified to do. (I'm one, by the way, that saw the benefit in letting JJ go, BUT not how it was done, that was disgraceful!!)
    Then, more recently, the atrocious way that @Ollywozere was dismissed, coupled with a completely insane and quite clearly (after Tuesday's attendance) the new match day pricing structure. (You cant break even by increasing prices, when the product is poor, along with the service....anyone with a business brain knows that...look at Aldi as an example.....cut prices...give service...and get in good products!)
    There are very worrying signs that his plan to cut costs so much that we will not be able to compete on the 'pitch' (another failed and cheap transfer window), coupled with a family outfit trying to run a UK football club with little to no experience of the 'nuances' of such an organisation off the pitch. Whilst I still don't subscribe to him being 'skint', he quite clearly doesn't have enough resources to make this club successful on or off the pitch and hence it is time for him to bow out. 
    I don't care how he bows out....he can hold his hands up and say he cant afford to keep giving his time to us, due to his commitments in the US, or he can say he has decided the cost is too much, but the time is up, in my opinion on his tenure. My thoughts would be thanks for 'saving' us, but the time is to handover the future of OUR club to someone with greater knowledge of running a UK football club.
    When I was talking to TS way back before he finally bought us and all the crooks were trying to deflect him from getting us, we were ALL hoping he would win his court cases, he told me he was stubborn and wouldn't be beaten by ESI and Co. He proved to be true to his word and got what he wanted and to a sense, so did all of us.
    However Thomas, if you or a member of your staff are reading this, its time to admit that this is NOT working, and let your stubbornness go, for the sake of CAFC (and your finances).
    My final point, and I'm so sorry this is such a long post.....my concern is who will take us on.....the Belgian still has his grubby, aging hands on us.....we need an owner with intent, ambition (realistic), and of course enough monetary power to move us forward.....TS saved us from the crooks.....we now need the next owner to save us from TS's cost cutting exercises. 


    Time to start playing the euro millions then
  • Croydon said:
    J BLOCK said:
    DOUCHER said:
    I'd given TS the benefit of the doubt - albeit i'd taken a lot of what he said with a pinch of salt - but the closing of the transfer window with no goalscorer on board has confirmed a lot of things for me. He will forever be thanked for saving us but whatever his intentions originally were, its all gone tits now for one reason or another and the sooner he sells up, the better - hopefully !!!    
    Exactly where I am 
    yep gotta agree - although in reality I'm almost past the point of caring anymore, got far more important things going on in my life, football is definitely down the list of priorities now

    I realised Tuesday that I actually didn't care whether I went or not, I did go but had no real enthusiasm for it at all
     Felt the exact same tuesday night, and i really feel the empty ground played aassive part in it. Had a ST and done 10+ aways pretty much every season, but just going on Tuesday felt like a chore.

    Made a deal with myself at the start of the season to only do away matches that are a direct train from London, but I'm starting to think about whether I can even be bothered with that.
    I think you have hit the nail on the head. It feels a bit like a chore. That is what needs to change.
    Exactly how I have felt for last two seasons.  Enjoy the away days but not the games sadly.
  • Any news from the fans forum, I thought it took place last night, or have I got muddled up with the dates? (Quite easy at my age!)
  • Calling it now...............Dobson and Clare will be sold in January to recoup more money
    As we turn it into a relegation battle.
  • Any news from the fans forum, I thought it took place last night, or have I got muddled up with the dates? (Quite easy at my age!)
    I reckon Chatham House rules apply to this meeting. Otherwise, I’m sure, we would have had snippets 
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  • The club normally ask for nothing to be put on social media until the publish, might be certain information discussed that they may not want to be published.

    But normally few notes normally published on here beforehand.. Maybe a damage limitation
  • We really feel like a club built on Sand ! 
    with TS clearly wanting out and RD still owning Valley and Sparrows Lane, Is there anyway out of this mess? 
    We have a rich history of fan involvement & protest, but is there anything realistically fans can do? 
    or are another set of spivs, crooks and vultures going to come calling again? 
  • We really feel like a club built on Sand ! 
    with TS clearly wanting out and RD still owning Valley and Sparrows Lane, Is there anyway out of this mess? 
    We have a rich history of fan involvement & protest, but is there anything realistically fans can do? 
    or are another set of spivs, crooks and vultures going to come calling again? 
    How much is the Euro Millions tonight?
  • edited September 2022
    DubaiCAFC said:
    We really feel like a club built on Sand ! 
    with TS clearly wanting out and RD still owning Valley and Sparrows Lane, Is there anyway out of this mess? 
    We have a rich history of fan involvement & protest, but is there anything realistically fans can do? 
    or are another set of spivs, crooks and vultures going to come calling again? 
    How much is the Euro Millions tonight?
    Not enough Im afraid - £109m I believe; that'll get you The Valley and Sparrows Lane (if you pay the Belgium Twat what he wants), TS will want his investment back I guess (circa £16m maybe), so that'll leave you approx £43m to run the club, and buy players.....think people will need a lot more than that to make us anywhere near successful.
  • Was the CAST meeting last night?
  • I understand that Zynex has lost its contract with its largest client, which has torpedoed its finances in a significant way - the share price of the company has nose dived on the back of this - so this may explain the current situation a la investment in CAFC……  
    Share price up 81% since March
    Ah.....the beauty of maths. If you own something worth £10 and it falls in value to £5 you have lost 50%. If it then recovers to £10 you've made 100%. 

    The share price rose 81% from a very low point after all US shares fell . The share price is now c$9. It was $22 at the start of 2020. That in itself it a fall of around 60%.


    Interesting.

    What was the price in September 2020 when he took us over?
  • Richard J said:
    I understand that Zynex has lost its contract with its largest client, which has torpedoed its finances in a significant way - the share price of the company has nose dived on the back of this - so this may explain the current situation a la investment in CAFC……  
    Share price up 81% since March
    Ah.....the beauty of maths. If you own something worth £10 and it falls in value to £5 you have lost 50%. If it then recovers to £10 you've made 100%. 

    The share price rose 81% from a very low point after all US shares fell . The share price is now c$9. It was $22 at the start of 2020. That in itself it a fall of around 60%.


    Interesting.

    What was the price in September 2020 when he took us over?
    $15.18
  • On 7th July 2020 the Zynex share price was $25.98. 5 or 6 months into Covid. I have asked him what was the reason for this positive growth spike in share price. He never gave me an answer. 
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Roland Out Forever!