The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

killerandflash said:

Raith_C_Chattonell said:

I think its time for the Aussies to show some transparency now.

This whole saga has gone on far too long and we the long suffering fans are being mugged off in my opinion. This morning the deal was close, this evening its a million miles away. We won't get anything out of RD so perhaps they can enlighten us. They are supposed to be the good guys after all.

I'm rapidly losing faith with the Aussies and suspect they're as much to blame for the delays as RD.

After all they still haven't made a public statement about the takeover and their intentions (i.e. something on the record and "official" which is bizarre for a takeover of this type), and if it was RD who was causing the takeover to be delayed, surely they would be in public, blaming RD and highlighting that it wasn't their fault.

Whatever we might think about the purchase price, presumably they've agreed it with RD, and have had 6 months (or whatever) to get the financing sorted and paperwork done. If the holdup is due to them, and as a result he's having to fund losses beyond when he expected to have sold the club, it's not surprising that he's sold a player to cover them...

Bang on the money for me, great post. I have never been convinced this deal was as far along as most of you as you will see from my previous posts. I have always said the silence from the Aussie camp and the press is deafening.

Hats off to JJ and Solly throughout all of these last 4 and a bit years. I know Solly has had injuries and the club have always stood by him, but what he and JJ have had to put up with has been farcical

When all this shit is over I think those two, like the rest of the fans, deserve a happy ending

PS - mehmet, not that happy ending

JamesSeed said:

killerandflash said:

Raith_C_Chattonell said:

I think its time for the Aussies to show some transparency now.

This whole saga has gone on far too long and we the long suffering fans are being mugged off in my opinion. This morning the deal was close, this evening its a million miles away. We won't get anything out of RD so perhaps they can enlighten us. They are supposed to be the good guys after all.

I'm rapidly losing faith with the Aussies and suspect they're as much to blame for the delays as RD.

After all they still haven't made a public statement about the takeover and their intentions (i.e. something on the record and "official" which is bizarre for a takeover of this type), and if it was RD who was causing the takeover to be delayed, surely they would be in public, blaming RD and highlighting that it wasn't their fault.

Whatever we might think about the purchase price, presumably they've agreed it with RD, and have had 6 months (or whatever) to get the financing sorted and paperwork done. If the holdup is due to them, and as a result he's having to fund losses beyond when he expected to have sold the club, it's not surprising that he's sold a player to cover them...

I got the impression (beer meeting) there was an agreement, or at least an understanding, that there would be no pronouncements until the sale was completed. I inferred, without any evidence, that that might have been a request from RD.
They said that they'd been inundated with messages and emails (and requests for interviews) that they couldn't answer until the sale was complete. I saw the fact they were now talking to Airman and Cawley as a sign that it was almost all over.

Have messaged my contact, but now they're dealing with Cawley and Airman I don't expect a reply, not one mentioning football anyway.

Mate, time to take a day off now! Seriously!!!

Think we should all take some time out and enjoy the festival of football and England stumbling out early, not much we can do about CAFC right now

Callumcafc said:

How about a price was agreed prior to the Konsa sale but now the Aussies want to pay x million less and Roland is throwing a tantrum about it?

Surely the sale should have been completed well before the Konsa sale even became a possibility?

IF the EFL have approved the deal and the Aussies were all ready to go and about to announce the takeover, RD wouldn't suddenly sell a player to derail the process, as he's know the money would come off the price anyway and presumably would mean delays and lawyer/accountant fees as the paperwork was updated.

That suggests to me that the Aussies aren't yet ready to go

clb74 said:

Not read this thread since the 9th any updates.
Did elfsborg did I get an apology from elfsborg.

You're an apology......for a man.

Never, in the field of human conflict, has so much been written by people who didn't have a Scooby what's going on.

Bad news chairs allegedly it’s two of ours

I've had to page back I don't know how many pages to try to figure out what this latest blather is about until I find that it's because we've sold Konsa.

Is anyone seriously even remotely surprised by this?!

Quite apart from the fact that Konsa has wanted out for months, I said quite some time ago that RD would get his money back and that it wouldn't matter if:

you didn't buy season tickets
didn't turn up to games
turned up to game but didn't buy any chips or
didn't buy anything in the shop.

The only thing any of that that would ensure is that people at the club would lose their jobs and he would strip more assets to get his money back.

The well organised and choreographed protests and turning up to his town to embarrass him were more than enough to see off his planet-sized ego and did the job, I'm sure. The odd idiot intimidating other fans because they wouldn't walk out of a game was totally counter-productive. The money though, was always a zero sum game.

I've no doubt that part of whatever deal he has agreed includes the proviso that he doesn't underwrite any ongoing losses from some expected completion date, unless the delay wasn't down to him - he'd have been mad not to - and they would have signed expecting that it wouldn't have taken this long to close.

So, hopefully everyone can all calm down now and look forward to a new, better era. I hope. I really hope.

Fumbluff said:

Redhenry said:

Bad news chairs allegedly it’s two of ours

Huh

Think that was meant to be for another thread.

Redhenry said:

Bad news chairs allegedly it’s two of ours

@Redhenry was this meant for Two Footballers arrested in Ibiza thread?

.

Redhenry said:

Bad news chairs allegedly it’s two of ours

Excuse me ?

I reckon AFKA summary is about right and would also not be surprised if we are now in a period of brinkmanship;

Aussies must surely be thinking, “RD wants out, does not want to put a penny more in, there is no income from the club and no one else looking to buy” so given we are all but done we will chip the price - gazundering - and, to an extent, why not as a lower price will allow more funds for squad investment I would hope.

However they may not have reckoned with RD, a billionaire who may just be mad enough to spite himself by “calling them”, demanding the price is maintained, telling them he will sell players/cut staff to cover costs and therefore not need to put any money in.

Trouble with that RD is that there is fuck all players of value left to sell and if he sells the last few and the Aussies step away he is fecked as we go down and then he would have to likely give the club away for nowt.

I reckon the aausies hold the cards and they know it, RD is posturing and selling Konsa was part of that.

flyingkiwiDK said:

JamesSeed said:

flyingkiwiDK said:

nth london addick said:

J BLOCK said:

nth london addick said:

AFKABartram said:

Are we 100% clear that the reason this hasn’t been wrapped up is with RD?

Because that may well not be the case.

Like maybe not showing they have monies


#Justsaying

Surely, you don’t pass the fit and proper persons test without having funds, it’s a key part of passing it.

That’s what I would like to think but the longer this whole shit show goes on you have to ask what the fuck is holding this up


Other clubs the takeover is complete pending a fit and proper persons test

We are doing the fit and proper yet no deal has been done (it would seem ) so surely the delay is on the buyers side not the sellers

There’s no evidence in the public domain to suggest this delay is caused by RD

I agree with you @nth london addick . As much as I hate the guy I’m convinced that the delay is not down to RD.

The Aussies said as much on 18th May, but they were talking about a legal entangelment that had to be dealt with, going back before RD's time. They said negotiations with him were tricky, but that he wanted the sale to happen. But it really won't be about their lack of funds.

Can we presume that this legal entanglement is still unresolved then @JamesSeed and this is what is causing the hold up?

I wish I knew.