I have a feeling this game could turn out to be a new low. Whatever goodwill many feel exists between Brighton fans and ourselves will be buried under the howls of laughter and songs of derision as we are railroaded in a sea of our own ineptness. And the runaway train will continue. We are a long way from bottoming out I think.
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
I was thinking this last night, you'd need to commit about £100m straight off the bat to get everything back under one roof and fund rebuilding the squad and everything. I just don't see it as an attractive proposition for anyone.
If I had £100M I wouldn’t spend £100M on Charlton.
It’s such a mess, I’m really sure what sane, non-dodgy, person would really consider taking it on.
This is why I seriously doubt that there is a bona fide person (or persons) looking to buy us. It just doesn't make financial sense.....hence why I said you either need to do a deal with RD or wait for the club to be close to going into administration.
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
I was thinking this last night, you'd need to commit about £100m straight off the bat to get everything back under one roof and fund rebuilding the squad and everything. I just don't see it as an attractive proposition for anyone.
If I had £100M I wouldn’t spend £100M on Charlton.
It’s such a mess, I’m really sure what sane, non-dodgy, person would really consider taking it on.
This is why I seriously doubt that there is a bona fide person (or persons) looking to buy us. It just doesn't make financial sense.....hence why I said you either need to do a deal with RD or wait for the club to be close to going into administration.
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
If I was a businessman I'd let the club go into Administration & pick it up far cheaper than £100m. Probably do a deal with RD to turn the screw on TS.
The sticking point will always be the price. It always has been & always will.
I’ve heard it all now. Do a deal with Roland to put the club into administration !!??
Exactly. Let's get a points reduction and a transfer embargo. That will sort this mess
The tactic for Brighton is to be so bad their players can’t play because they will spend the match doubled up and laughing at our efforts. In that situation we then hope for an own goal winner.
The tactic for Brighton is to be so bad their players can’t play because they will spend the match doubled up and laughing at our efforts. In that situation we then hope for an own goal winner.
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
I was thinking this last night, you'd need to commit about £100m straight off the bat to get everything back under one roof and fund rebuilding the squad and everything. I just don't see it as an attractive proposition for anyone.
If I had £100M I wouldn’t spend £100M on Charlton.
It’s such a mess, I’m really sure what sane, non-dodgy, person would really consider taking it on.
This is why I seriously doubt that there is a bona fide person (or persons) looking to buy us. It just doesn't make financial sense.....hence why I said you either need to do a deal with RD or wait for the club to be close to going into administration.
My money is on TS still being here in May.
Unfortunately I think you are right. Even if someone publicly declared their interest I won’t have much faith that the deal will complete, anyone half decent will run a mile as soon as they get into due diligence.
The tactic for Brighton is to be so bad their players can’t play because they will spend the match doubled up and laughing at our efforts. In that situation we then hope for an own goal winner.
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
If I was a businessman I'd let the club go into Administration & pick it up far cheaper than £100m. Probably do a deal with RD to turn the screw on TS.
The sticking point will always be the price. It always has been & always will.
There are cheaper ways of acquiring a L2 side than waiting for Charlton to go into administration
Realistically, how much would Sandgaard want to sell us for? He's losing money at half a million a month; for someone to take on that level of debt, they would not be paying much. I can see this as a pound sale. He might want to recoup his initial ESI outlay (was that £6m?), but the club has no assets (other than players, and they aren't worth much it would seem....) so you will not see anyone paying any more for it.
The only cost comes when you want to buy the Valley and SL; you have a c13-year lease (was 15 years) already in place, so no negotiation on that is required as of now (unless you want to negotiate with RD before he dies?).
As such, we don't need administration as we don't owe anyone anything! The sale price should be low and administration won't make it any lower...
I sincerely hope that Thomas realises the error of his ways, stops bleeding money, and sells cheaply to a decent new buyer who will fund the club in a way that takes us forwards and upwards.
Okay so PV has got Spivs and TS involved so far… 3rd time lucky I hope.
The Spivs weren’t the first choice, but they were the only 2nd choice. Not sure enough of our fan base realise just how desperate we were at that time. As others have said, we actually had quite a good period under them anyway…until the Cash man pulled the plug.
i know its been talked about a lot, but can anyone give a reason why that happened? I'm very out of the loop.
His business in America went tits up. A real shame as it left the Spivs with not enough money to continue running the club
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
If I was a businessman I'd let the club go into Administration & pick it up far cheaper than £100m. Probably do a deal with RD to turn the screw on TS.
The sticking point will always be the price. It always has been & always will.
Not neccesarily. The £100m here includes a large chunk for the Valley and Sparrows Lane. Another large chunk to fund the club short term. Any buyer would expect TS to write off most of his debt. There is no large bank debt. So all you are saving are liabilities to people like programme printers etc. An administrator has a legal responsibility to get as much as he can for the assets so any players with any value may be sold. Admin isn't an easy answer
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
I was thinking this last night, you'd need to commit about £100m straight off the bat to get everything back under one roof and fund rebuilding the squad and everything. I just don't see it as an attractive proposition for anyone.
If I had £100M I wouldn’t spend £100M on Charlton.
It’s such a mess, I’m really sure what sane, non-dodgy, person would really consider taking it on.
Oh absolutely, I don't know who would take it on when you could buy a championship club for at least half of that. I'm sure PV means well and any bidder would do full due diligence and know what they'd be letting themselves in for but the situation is an absolute mess.
The club itself wouldn't cost £100m. People misunderstand. The club itself could probably be bought for peanuts. Well relatively to a rich person. Let's say £10m, assuming TS is a willing seller. No idea how much RD could be persuaded to sell at as he doesn't seem a willing seller. I seem to remember £20m being mentioned as a realistic price. 3 years losses say £20m and £20m player fund for transfers, fees and extra wages. That makes £70m. Be interested to hear people's comments on my estimates.
How much would a potential new owner need to take over - £100m would probably be enough to buy the Stadium, Training Ground, buyout TS plus fund the club short term, beyond that it’s a money pit for a L1 club - hardly an attractive proposition
If I was a businessman I'd let the club go into Administration & pick it up far cheaper than £100m. Probably do a deal with RD to turn the screw on TS.
The sticking point will always be the price. It always has been & always will.
If it goes into administration Sandgaard gets nothing. It's in his best interests to give it away before it does.
This is NOT true. The administator has a legal duty to maximise the proceeds of what he is selling. He can do this piecemeal or as a block. The total proceeds are then distributed. People like HMRC, employees and any other secured debt get first dibs then the rest is split. As the biggest debt is to TS most of this goes to him.
Weve given them the whole of the West Upper? Seriously?
What a fucking mess we have become.
What’s messed up about that? BHA fans’ money is as good as anybody’s Charlton fans are apathetic about a cup competition we won’t win Club can’t afford to be choosy about revenue If there’s BHA demand they’d come anyway and sit all around in “home “ areas TS made lots of mistakes but this ain’t one
If you cant see what's wrong with giving someone half your main stand for a cup game then theres no point engaging with you.
Good day, sir.
It's unpalatable but it ain't our money is it?
Wrong? what morally? Embarrassing? Sure. Skintgaard can't afford pride. Charlton with or without the tosser can't afford pride come to that.
A palace fan offers you an extra £15k over what anyone you like can afford, next time you want to sell your house. You telling me you'd do yourself out of those funds just to spite the 'undesirable'? Don't be daft
The tactic for Brighton is to be so bad their players can’t play because they will spend the match doubled up and laughing at our efforts. In that situation we then hope for an own goal winner.
The tactic for Brighton is to be so bad their players can’t play because they will spend the match doubled up and laughing at our efforts. In that situation we then hope for an own goal winner.
The tactic for Brighton is to be so bad their players can’t play because they will spend the match doubled up and laughing at our efforts. In that situation we then hope for an own goal winner.
Comments
Won't be pleasant viewing.
Whatever goodwill many feel exists between Brighton fans and ourselves will be buried under the howls of laughter and songs of derision as we are railroaded in a sea of our own ineptness.
And the runaway train will continue. We are a long way from bottoming out I think.
Mac saves 2 pens - offered a new deal.
Morgan hits hat-trick - new deal.
Hayes gets the job full time - sacked at end if season.
We go on.........
My money is on TS still being here in May.
In that situation we then hope for an own goal winner.
The only cost comes when you want to buy the Valley and SL; you have a c13-year lease (was 15 years) already in place, so no negotiation on that is required as of now (unless you want to negotiate with RD before he dies?).
As such, we don't need administration as we don't owe anyone anything! The sale price should be low and administration won't make it any lower...
I sincerely hope that Thomas realises the error of his ways, stops bleeding money, and sells cheaply to a decent new buyer who will fund the club in a way that takes us forwards and upwards.
A real shame as it left the Spivs with not enough money to continue running the club
Charlton could still cause an upset. Football is incredibly thickle and things can change over night
Our main shirt sponsor isn't a permanent marker of the word "Shit"
All we want is for Sandgaard to f*ck off
The club is still what it is
An administrator has a legal responsibility to get as much as he can for the assets so any players with any value may be sold.
Admin isn't an easy answer
Be interested to hear people's comments on my estimates.
Wrong? what morally?
Embarrassing? Sure. Skintgaard can't afford pride. Charlton with or without the tosser can't afford pride come to that.
A palace fan offers you an extra £15k over what anyone you like can afford, next time you want to sell your house. You telling me you'd do yourself out of those funds just to spite the 'undesirable'? Don't be daft
I still attend games but it gets incressingly painful and last night it was just plain embarrassing.
Hard to get a decent atmosphere when the team are playing so badly and lack fight.
Some of our players were a disgrace last night...