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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.3
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Just to clarify for those interested in the year of my post further up the thread, definitely not 2017, so I’m gunna have to put my neck on the line and go for 2018.0
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If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.0 -
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.6 -
Just hoping you were going to post something along the lines of "My richest of the rich lot have had a bid confirmed "Redhenry said:
But obviously not!0 -
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value of the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.1 -
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.3 -
Maybe Muir couldn’t access his cash here. His internet banking went down and had to rush home to get a bankers draftJamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.6 -
The title of the thread "It was mañana." I suspect this will still be true in another week. Or three.1
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Yes, don’t you wish your girlfriend was hot like Grapevine eh.SoundAsa£ said:I love Grapevines posts....though I have to stop reading fairly regularly to take in what’s being said.
I ain’t gonna suggest I always understand it all but after a bit of re-reading I manage to get most of it......I think.
He has a great way with the written word and without doubt a fantastic insight and sympathetic understanding of the club and it’s current plight.
Makes you wonder who Grapevine is doesn’t it? I’d love to know, if for no other reason than someday to shake his hand......as truly a fascinating character and thought provoking poster as has ever graced this forum.
I can get a bit lost in the detail like you Soundas, but they are stunning posts.
I get the same feeling a bit reading them as I do watching University Challenge or that show with Victoria Coren, I’m really pleased when I understand the question let alone know the answer!
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Hope not, spent ages setting up and in the end it was crap.Hinton said:Will this saga last as long as The Mousetrap.
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So who's going to create a Lego version of the takeover thread?0
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This.JamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.2 -
Soon Weegie,Weegie Addick said:So who's going to create a Lego version of the takeover thread?
So many Charlton Lifers have been bricking it.
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Bet there was a bit missing too....guinnessaddick said:
Hope not, spent ages setting up and in the end it was crap.Hinton said:Will this saga last as long as The Mousetrap.
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I haven't suggested they areJamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.0 -
So to be clear.Airman Brown said:
This.JamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
This sale will go through once the EFL have completed their fit and proper person investigation ? No other holdups ?
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I don't think so. But we'll see. Might be tied up this week, announced next week. Hope so.NapaAddick said:The title of the thread "It was mañana." I suspect this will still be true in another week. Or three.
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I know Chizz, but people could have drawn that inference from your last sentence.Chizz said:
I haven't suggested they areJamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.0 -
No, let's not be clear. That would spoil everything.ShootersHillGuru said:
So to be clear.Airman Brown said:
This.JamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.
This sale will go through once the EFL have completed their fit and proper person investigation ? No other holdups ?12 - Sponsored links:
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End of the day, if Cawley is saying it’s with the EFL then funds must be in place, next week could be interesting.0
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... and thisHenry Irving said:2 -
Granny soapbox quote.
"The journey of a thousand miles begins with a single step and will take forever by man with duct tape on shoes."4 -
It's never been anything else.NapaAddick said:The title of the thread "It was mañana." I suspect this will still be true in another week. Or three.
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ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks1
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We will be taken over, wait a few more weeks(apparantly).bertpalmer said:ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks
Don't buy your season ticket yet as Duchatelet will get the dough.
Hope you enjoyed your holiday.1 -
Done deal yeah?Airman Brown said:
This.JamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.1 -
Yes of course - No, Don't Know, Don't Know, No. That should have put you up to date!bertpalmer said:ive been away and cant read that amount of posts on this thread to catch up, so can anyone give a quick update whether it is Red Bull that have now taken us over and is everyone happy with our new owners and with the amount of money they intend to invest,and is it ok to now renew my season ticket?thanks
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Yeah.SheedyCAFC said:
Done deal yeah?Airman Brown said:
This.JamesSeed said:
They're not delaying buying the club to save money. They're not delaying buying the club at all.Chizz said:
The club's losing money. And there's virtually no revenue coming in to the club over May or June. Do you dispute either of those facts?cantersaddick said:
Except for the one off relegation year when Katrien shat a whole load of money up the wall we haven't list that much in a while.Chizz said:
If a business makes a net loss of £12m a year, that equates to a million quid a month, on average.cantersaddick said:As has been explained many times before the million a month figure is only looking at one side of the picture and is much exaggerated.
Although, if course, the club's revenues are significantly reduced at this time of year and the costs barely lower. So, in reality, a million quid a month is probably a huge underestimate at this time of year.
The quote from Slater tat has since been repeated by Murray and Katrien was they they were some dint 1m a month. That was true but only gives one side of the picture. It's distorted by the fact that the majority revenue come in at specific points of the year either through player sales, season tickets or sponsorship.
If not, then it's clear that the value if the club is diminishing week by week, currently.
Further, if a buyer has agreed a fee for the club, he will have a financial disadvantage in completing sooner, rather than later.19
This discussion has been closed.
