The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

i_b_b_o_r_g said:

If a deal is stalling on the new buyer waiting to see what division we'll be in next season, they obviously haven't got any long term plans, or idea about football** in general.

**the original, English type

The deal is stalling as another party has come to the table

Pelling1993 said:

They could just write that into the contract though couldn't they? i.e. if we go up Roland gets X amount more? I'm not much of a businessman though

JamesSeed said:

I’m sure others have said this before, but I have a funny feeling nothing will happen until it’s know which division we’ll be playing in next season. That would explain the delays maybe.

This

cafcwill said:

There's tax implications for Roland depending if he's made a profit or loss this tax year too.

Assuming he's made another loss, that would indicate he wants a pre-end of tax year sale?

Does that sound right? As we have under 4 business days left of this tax year

The club’s accounting period is July to June.

cafcwill said:

Airman Brown said:

cafcwill said:

There's tax implications for Roland depending if he's made a profit or loss this tax year too.

Assuming he's made another loss, that would indicate he wants a pre-end of tax year sale?

Does that sound right? As we have under 4 business days left of this tax year

The club’s accounting period is July to June.

Does that mean we have to potentially wait till July for my theory to be true?

Or if he made a loss it would be for this period but still need to be submitted before end of tax year?

Or am I going too deep down the rabbit hole?

cafcwill said:

Airman Brown said:

cafcwill said:

There's tax implications for Roland depending if he's made a profit or loss this tax year too.

Assuming he's made another loss, that would indicate he wants a pre-end of tax year sale?

Does that sound right? As we have under 4 business days left of this tax year

The club’s accounting period is July to June.

Does that mean we have to potentially wait till July for my theory to be true?

Or if he made a loss it would be for this period but still need to be submitted before end of tax year?

Or am I going too deep down the rabbit hole?

It’s of no relevance.

i_b_b_o_r_g said:

I don't wanna piss on no one's cornflakes, but without knowing how true / accurate the Tweets are this morning, would anyone else feel its a bit of an anti-climax if people with "strong links" to a foreign football league were the new owner(s)?

It wouldn't bother me, really. My only concern is that every morning we wake up with owner with strong links to a rag-bag of ill suited network clubs.

Cornflakes still dry and crunchy, thanks.

CheshireAddick said:

Airman. What was the significant of your comment yesterday 'payday tomorrow'?

Another tranche of money for RD to pay out. If you look at the last two takeovers they were on Dec 31st and Jan 2nd, which isn’t entirely a concidence.

Airman Brown said:

CheshireAddick said:

Airman. What was the significant of your comment yesterday 'payday tomorrow'?

Another tranche of money for RD to pay out. If you look at the last two takeovers they were on Dec 31st and Jan 2nd, which isn’t entirely a concidence.

Thanks Airman. Fingers crossed then for today

At the point of any sale, any moneys to be paid or owed, are then calculated aren't they? So I can't see how any of this will influence a £50 million odd sale. And I would've personally thought that that was all ironed out by now, but then what I know about this sort of thing could be written on the back of a stamp

Airman Brown said:

cafcfan said:

Airman Brown said:

cafcwill said:

There's tax implications for Roland depending if he's made a profit or loss this tax year too.

Assuming he's made another loss, that would indicate he wants a pre-end of tax year sale?

Does that sound right? As we have under 4 business days left of this tax year

The club’s accounting period is July to June.

Yes, but the Belgian tax year is the same as the calendar year, so he might not care.

The point I was making was that the UK tax year is irrelevant since it doesn’t correspond to Charlton’s accounting period.

This. Not only is the UK tax year irrelevant in terms of Charlton's accounting period it has nothing whatsoever to do with losses made by a Belgian national who owns any number of Belgian and other overseas companies. The thought that he may be keen to crystallise a gain/loss here in this tax year to offset any other profits/losses is a complete red herring. indeed if that were the case 31 December 2017 would have been the key date as we are the only country still operating on a 300 year old fiscal year which increasingly has no relevance to modern business.

Latest I've heard (as in within the last hour) is the takeover is all on track, just sorting out a few niggling points and best bet is it will be done within a fortnight - that is from one of my cast iron sources

DOUCHER said:

Latest I've heard (as in within the last hour) is the takeover is all on track, just sorting out a few niggling points and best bet is it will be done within a fortnight - that is from one of my cast iron sources

Fingers crossed, although no-one's cast iron sources seem to be coming out with any credit.

The fact is, nobody knows, apart from those at the coal face.
If true, the Rumour that another bidder is going through DD will naturally delay it, RD could be moving goal posts, so could any potential buyer wanting more bang for their buck/Aussie dollar.

DOUCHER said:

Latest I've heard (as in within the last hour) is the takeover is all on track, just sorting out a few niggling points and best bet is it will be done within a fortnight - that is from one of my cast iron sources

That'll be the milk bill