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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • nth_london_addick
    nth_london_addick Posts: 35,919
    The most important info @james seed was given to disclose was that it had still to be given approval by two investors

    Until that was given it could not pass the EFL test as there was no deal to approve

    I still dont believe they have the relevant funds required to run us in a way that will enable us to get out tod this league any time soon

    And if they do they are not showing it in how long this is dragging on
  • eaststandmike
    eaststandmike Posts: 14,956
    edited May 2018

    The most important info @james seed was given to disclose was that it had still to be given approval by two investors

    Until that was given it could not pass the EFL test as there was no deal to approve

    I still dont believe they have the relevant funds required to run us in a way that will enable us to get out tod this league any time soon

    And if they do they are not showing it in how long this is dragging on

    Bang on and certainly my take on it.
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619

    The most important info @james seed was given to disclose was that it had still to be given approval by two investors

    Until that was given it could not pass the EFL test as there was no deal to approve

    I still dont believe they have the relevant funds required to run us in a way that will enable us to get out tod this league any time soon

    And if they do they are not showing it in how long this is dragging on

    Still think this assessment flies in the face of all other information. Hope you’re wrong.

  • eaststandmike
    eaststandmike Posts: 14,956
    I am with NLA on this one, if the consortium had the funds in place things would be moving/announced. It is nearly two weeks since we learned what league we will be playing in next season so no excuses for not knowing that info.

    If this mob do manage to scrape up the funds to buy us and get us started next season I will not be expecting them to splash the cash to mount a promotion push.
  • Mal
    Mal Posts: 616
    Where we think now that were so close to a take over - any type of rumour/or news gossip is going to make us somewhat jumpy, that's a normal reaction. But, Roland in his wisdom has not as yet appointed anyone as CEO etc, no one of real relevance has stated the take-over has failed, so let's just keep believing it's going to happen soon, and I still believe it will.
  • Fumbluff
    Fumbluff Posts: 10,126
    Mal said:

    When the Takeover goes through, hopefully soon and this thread is over it will be the best thing to happen on the Charlton Life forum. So much false info and so many awful comedians that are just not funny. Hurry @efl get this done.

    I don't know what I'll do if the takeover goes through and this thread dies.
    I'll buy me own fish!
    I might buy a rabbit
  • razil
    razil Posts: 15,041
    Not if the deal hung on the playoffs, still logical to assume its with the EFL assuming it ever was and that will take time
  • dicktracey
    dicktracey Posts: 319
    I see Frank Lowy is now cashed up ... big football supporter in Aus ... 5th richrst person globally. Perhaps there's a connection ?
  • seth plum
    seth plum Posts: 53,448
    HarryLime said:

    The suggestion that Duchatelet may appoint staff along with the fact that he got arsey with the ROT guys handing out leaflets in StTruiden makes me think that in his mind at least there is still a way to go.
    I really hope my gut is wrong.

    I am hoping that somehow the ROT people can challenge the actions of the local police who said they needed a licence to campaign.
    Incidentally the quiz they created on their election leaflet was brilliant, well done guys.
    It looks increasingly like we need to marshall our resources to go after Roland some more, and more belligerently.
  • Mal
    Mal Posts: 616
    Fumbluff said:

    Mal said:

    When the Takeover goes through, hopefully soon and this thread is over it will be the best thing to happen on the Charlton Life forum. So much false info and so many awful comedians that are just not funny. Hurry @efl get this done.

    I don't know what I'll do if the takeover goes through and this thread dies.
    I'll buy me own fish!
    I might buy a rabbit
    Well at least that's upmarket to a Pot Noodle
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  • eaststandmike
    eaststandmike Posts: 14,956
    razil said:

    Not if the deal hung on the playoffs, still logical to assume its with the EFL assuming it ever was and that will take time

    But if anything has been lodged with the EFL why is it not in the public domain? How many Leeds owners have been presented to the EFL for the fit & proper test, Sky & the BBC always report it before a decision is made.

    Numerous other clubs have had foreign owners go through the fit & proper test and all have been reported in the press. The Sunderland deal was in the press long before it was ratified?
  • bobmunro
    bobmunro Posts: 20,843

    I am with NLA on this one, if the consortium had the funds in place things would be moving/announced. It is nearly two weeks since we learned what league we will be playing in next season so no excuses for not knowing that info.

    If this mob do manage to scrape up the funds to buy us and get us started next season I will not be expecting them to splash the cash to mount a promotion push.

    But that really doesn't make any sense. That's a bit like going out and using your life savings on buying a new Rolls Royce knowing that there's nothing left in the kitty to tax, insure or fuel it.

    There is zero chance of any return on investment unless and until we attain Premier League status.

    If they only have just enough to buy the club then they would surely just walk away. It doesn't look like they are doing that.

  • Scoham
    Scoham Posts: 37,376
    edited May 2018
    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we’re in next season” was never really the case either.
  • Scoham
    Scoham Posts: 37,376
    edited May 2018

    razil said:

    Not if the deal hung on the playoffs, still logical to assume its with the EFL assuming it ever was and that will take time

    But if anything has been lodged with the EFL why is it not in the public domain? How many Leeds owners have been presented to the EFL for the fit & proper test, Sky & the BBC always report it before a decision is made.

    Numerous other clubs have had foreign owners go through the fit & proper test and all have been reported in the press. The Sunderland deal was in the press long before it was ratified?
    What counts as being in the public domain? SLP and NewsShopper have recently reported on it. Sky Sports did before the play-offs as well.
  • eaststandmike
    eaststandmike Posts: 14,956
    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
  • Scoham
    Scoham Posts: 37,376

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    Exactly, the EFL work on their takeover has only recently been completed.
  • eaststandmike
    eaststandmike Posts: 14,956
    Scoham said:

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    Exactly, the EFL work on their takeover has only recently been completed.
    I would love to be proved wrong and eat a large slice of humble pie but I doubt the EFL have any info on who is buying us because nothing has been lodged.

    If something had been lodged it would have been leaked and reported.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    False prawns
  • The Red Robin
    The Red Robin Posts: 26,126
    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    This.
  • The Red Robin
    The Red Robin Posts: 26,126
    edited May 2018

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    So we expect the EFL to process and finish Charlton in a day and a half since then? Not going to happen.
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  • Fumbluff
    Fumbluff Posts: 10,126

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    So we expect the ELF to process and finish Charlton in a day and a half since then? Not going to happen.
    Elf’s only do their real work around xmas time, they should be able to speed through this misadventure...
  • eaststandmike
    eaststandmike Posts: 14,956
    Fumbluff said:

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    So we expect the ELF to process and finish Charlton in a day and a half since then? Not going to happen.
    Elf’s only do their real work around xmas time, they should be able to speed through this misadventure...
    If they have something to "speed through"?
  • Airman Brown
    Airman Brown Posts: 15,734
    Why is Duchatelet still waffling to ROT about two interested parties - the second of which no one has ever substantiated? Presumably to try to lever more money out of the one actual potential buyer. I wouldn’t believe anything that comes from his camp without independent verification - and my guess is that includes the Shopper story.
  • JamesSeed
    JamesSeed Posts: 17,380
    edited May 2018

    When the Takeover goes through, hopefully soon and this thread is over it will be the best thing to happen on the Charlton Life forum. So much awful info and so many comedians that are just not funny. Hurry @efl get this done.

    I am with NLA on this one, if the consortium had the funds in place things would be moving/announced. It is nearly two weeks since we learned what league we will be playing in next season so no excuses for not knowing that info.

    If this mob do manage to scrape up the funds to buy us and get us started next season I will not be expecting them to splash the cash to mount a promotion push.

    Not necessarily. They said it'll be done this week, and it's still this week. They were also honest enough to say two investors had to rubber stamp things, and that of course means that it could indeed still fall through, although the impression I received was that the rubber stamping was almost a formality.

    As for your 'If this mob do manage to scrape up the funds to buy us' comment, you have to bear in mind that they don't want to buy us as a bit of fun, or a hobby, (which Andrew Muir could do quite easily on his own if he wanted), they want to invest in us with a view to establishing us as a Premier League club, which requires a whole different level of financial backing. If they were going in only with Andrew Muir’s cash, then that might be the time to get worried.

    As the fella said, 'we've done our bit, let's see what happens'.
  • ForeverAddickted
    ForeverAddickted Posts: 94,318

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    Looks like they've got permission to speak with the St. Mirren boss (Jack Ross)

    Is a risk I think; plenty of Managers have done well in Scotland yet have flopped badly in the Football League
  • JamesSeed
    JamesSeed Posts: 17,380

    Scoham said:

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    Exactly, the EFL work on their takeover has only recently been completed.
    I would love to be proved wrong and eat a large slice of humble pie but I doubt the EFL have any info on who is buying us because nothing has been lodged.

    If something had been lodged it would have been leaked and reported.
    My source wasn't lying. What would be the point of doing that?
  • cfgs
    cfgs Posts: 11,476
    JamesSeed said:

    Scoham said:

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    Exactly, the EFL work on their takeover has only recently been completed.
    I would love to be proved wrong and eat a large slice of humble pie but I doubt the EFL have any info on who is buying us because nothing has been lodged.

    If something had been lodged it would have been leaked and reported.
    My source wasn't lying. What would be the point of doing that?
    It has been reported by Rich Cawley at the SLP.
  • cafcwill
    cafcwill Posts: 1,286
    JamesSeed said:

    When the Takeover goes through, hopefully soon and this thread is over it will be the best thing to happen on the Charlton Life forum. So much awful info and so many comedians that are just not funny. Hurry @efl get this done.

    I am with NLA on this one, if the consortium had the funds in place things would be moving/announced. It is nearly two weeks since we learned what league we will be playing in next season so no excuses for not knowing that info.

    If this mob do manage to scrape up the funds to buy us and get us started next season I will not be expecting them to splash the cash to mount a promotion push.

    Not necessarily. They said it'll be done this week, and it's still this week. They were also honest enough to say two investors had to rubber stamp things, and that of course means that it could indeed still fall through, although the impression I received was that the rubber stamping was almost a formality.

    As for your 'If this mob do manage to scrape up the funds to buy us' comment, you have to bear in mind that they don't want to buy us as a bit of fun, or a hobby, (which Andrew Muir could do quite easily on his own if he wanted), they want to invest in us with a view to establishing us as a Premier League club, which requires a whole different level of financial backing. If they were going in only with Andrew Murray's cash, then that might be the time to get worried.

    As the fella said, 'we've done our bit, let's see what happens'.
    Keep the Faith
  • MartinCAFC
    MartinCAFC Posts: 3,219

    Scoham said:

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    Exactly, the EFL work on their takeover has only recently been completed.
    I would love to be proved wrong and eat a large slice of humble pie but I doubt the EFL have any info on who is buying us because nothing has been lodged.

    If something had been lodged it would have been leaked and reported.
    Starting to think this is the case too. We might be in the pits of the lower leagues but it would still very much be mainstream news - if happening of course and the lack of it is concerning.
  • Scoham
    Scoham Posts: 37,376

    Scoham said:

    Scoham said:

    Maybe as suggested by various sources it’s with the EFL and we were waiting for Sunderland’s checks to be completed before they started on ours. As a consortium they’ll need to carry out the fit and proper test on every member. How big is the consortium? No one appears to know. It could take a few weeks for many reasons and not necessarily funding.

    Maybe “it’ll go through once we know what league we we’re in next season” was never really the case either.

    Sunderland was done and dusted two days ago, the new owner is talking to possible new managers now.

    https://www.bbc.co.uk/sport/football/44198581
    Exactly, the EFL work on their takeover has only recently been completed.
    I would love to be proved wrong and eat a large slice of humble pie but I doubt the EFL have any info on who is buying us because nothing has been lodged.

    If something had been lodged it would have been leaked and reported.
    So you don’t believe SLP or NewsShopper? I doubt they’re just making it up or basing what they publish on what @jimmyseed and @Airman Brown say.
This discussion has been closed.