The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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Sadly I trust NLA more than aby of the other 'ITK' crew, so, for me, it's time the Aussies f*** off and find another club to mess around with, we need a serious buyer with a serious plan to get us out of thethis league.
Getting to the prem is gonna vost c. 50m, how will they find that if its taken this long to get together the money to just buy the club. If they get control I can see admin within 3 years, a prospect we don't have to worry about under RD.2 -
Option 2 is far, far worse.MartinCAFC said:I actually don't know what's worse. RD staying on for another year, cost cutting and flogging any player worth any value for cash discounts leading us towards League Two or being owned by The Aussies but with RD as landlord. Both scenarios only point to a very bleak future for us and if that's all The Aussies can now do then they're not for me. If The Aussies are to buy us it must be lock stock and barrel as Murray told us back in January.
Club and ground cannot be separated.4 -
To say Aussies haven't the cash is patently wrong as Muir is minted. Getting other investors to replace the EFL rejects and spread the outlay and vision is not going to happen overnight.2
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He has the cash, the consortium does not, imo.harveys_gardener said:To say Aussies haven't the cash is patently wrong as Muir is minted. Getting other investors to replace the EFL rejects and spread the outlay and vision is not going to happen overnight.
They've been trying to raise funds since at least April 2017, how the hell are hey going to meet the ongoing needs of the club? I believe one financial set back would be a complete disaster for then.1 -
I believe that NLA is, like James Seed, telling us what he’s been told BUT he’s getting his info directly, or indirectly, from Roland himself and I personally wouldn’t believe a word that comes out of his mouth.Stu_of_Kunming said:Sadly I trust NLA more than aby of the other 'ITK' crew, so, for me, it's time the Aussies f*** off and find another club to mess around with, we need a serious buyer with a serious plan to get us out of thethis league.
Getting to the prem is gonna vost c. 50m, how will they find that if its taken this long to get together the money to just buy the club. If they get control I can see admin within 3 years, a prospect we don't have to worry about under RD.
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Laid back, are they, Jim?JamesSeed said:
I think that’ll change. They’re pretty laid back for one thing.GlassHalfFull said:
Only a joint document would have been acceptable to all protagonists. Any fan-friendliness in the original draft has been thoroughly lawyered out in this frigid communication from the parallel universe wherein CAFC is presently marooned, slowly drifting ever more distant from us.JamesSeed said:
It was initially drawn up by a couple of the Aussie consortium, but I expect it was checked and/or modified by the Roland side, but then agreed by all parties (and their lawyers) before release.GlassHalfFull said:
The statement was not meant for the fans. We're just collateral damage. It was drawn up by the lawyers simply to reassure the football industry at large that CAFC is open for business as "normal", and this takeover malarkey is just some little local difficulty, soon to be resolved. Meanwhile the whole weary process continues at glacier speed, to the profound detriment of the club, the rage and frustration of the fans, and the customary enrichment of the briefs. IMHO.
We’ll see how fan friendly they are when they selectmea random fan for the board.
Well, waking up to find this latest alleged scenario - a true Weston - I have a message for Mr Muir and his mates. It's this. Walk away. Now.
Mr M, I like the cut of your jib. It's plain that, putting business to one side, you've found something in CAFC/CACT that appeals. I think the Addicks would suit you very well, and you us. But let's face facts. We're all being played, held to ransom by our feelings for this grand old club. The Owner will never understand that while there's a hole in his arse, except to use our loyalty as leverage for his own foul purposes.
Oh, you can summon up advisers, brokers, middlemen and bankers to fight your corner, but what you need is a real Negotiator. Someone who doesn't give a hoot, except to get a result. That's where you and we go wrong, see, because we all DO care. We care an awful lot. I'll bet that none of your mob has ever had to do business before with someone like you-know-who.
Well, as of now don't feel you need to speak for me. Call it a day. I've got 64 seasons of memories to keep me going. In that time there have been several Charltons but never one like this. Let the Owner wallow in the God-awful mess he's created, the monumental losses he's piled up - and growing every single week, of course - and instead of clearing off at least with your decent offer he'll have to kiss that good money goodbye as well. How d'yer like THEM eggs, Roly boy?
So let him keep The Valley and Sparrows Lane. What are they worth without us? Buttons. I'd rather see The Valley become another Mountsfield Park than continue like this. And give the players (and staff) their freedom, instead of having their careers blighted by this tin-eared despot and his hapless commissar. To matey they're not people, they're just contracts on legs.
So, just let the Owner stew. In the meantime you'll know where to find me and I guess thousands like me - just whistle and we'll be back, ok? Only, don't leave it too long.
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Not aimed at anyone in particularly but considering what we have endured under Roland Dontgiveashit and the things that have happened I am surprised the Aussies are getting a bit of a bashing on here especially as no-one, and I mean no-one, is in possession of the full FACTS.21
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Nailed it.GlassHalfFull said:
Laid back, are they, Jim?JamesSeed said:
I think that’ll change. They’re pretty laid back for one thing.GlassHalfFull said:
Only a joint document would have been acceptable to all protagonists. Any fan-friendliness in the original draft has been thoroughly lawyered out in this frigid communication from the parallel universe wherein CAFC is presently marooned, slowly drifting ever more distant from us.JamesSeed said:
It was initially drawn up by a couple of the Aussie consortium, but I expect it was checked and/or modified by the Roland side, but then agreed by all parties (and their lawyers) before release.GlassHalfFull said:
The statement was not meant for the fans. We're just collateral damage. It was drawn up by the lawyers simply to reassure the football industry at large that CAFC is open for business as "normal", and this takeover malarkey is just some little local difficulty, soon to be resolved. Meanwhile the whole weary process continues at glacier speed, to the profound detriment of the club, the rage and frustration of the fans, and the customary enrichment of the briefs. IMHO.
We’ll see how fan friendly they are when they selectmea random fan for the board.
Well, waking up to find this latest alleged scenario - a true Weston - I have a message for Mr Muir and his mates. It's this. Walk away. Now.
Mr M, I like the cut of your jib. It's plain that, putting business to one side, you've found something in CAFC/CACT that appeals. I think the Addicks would suit you very well, and you us. But let's face facts. We're all being played, held to ransom by our feelings for this grand old club. The Owner will never understand that while there's a hole in his arse, except to use our loyalty as leverage for his own foul purposes.
Oh, you can summon up advisers, brokers, middlemen and bankers to fight your corner, but what you need is a real Negotiator. Someone who doesn't give a hoot, except to get a result. That's where you and we go wrong, see, because we all DO care. We care an awful lot. I'll bet that none of your mob has ever had to do business before with someone like you-know-who.
Well, as of now don't feel you need to speak for me. Call it a day. I've got 64 seasons of memories to keep me going. In that time there have been several Charltons but never one like this. Let the Owner wallow in the God-awful mess he's created, the monumental losses he's piled up - and growing every single week, of course - and instead of clearing off at least with your decent offer he'll have to kiss that good money goodbye as well. How d'yer like THEM eggs, Roly boy?
So let him keep The Valley and Sparrows Lane. What are they worth without us? Buttons. I'd rather see The Valley become another Mountsfield Park than continue like this. And give the players (and staff) their freedom, instead of having their careers blighted by this tin-eared despot and his hapless commissar. To matey they're not people, they're just contracts on legs.
So, just let the Owner stew. In the meantime you'll know where to find me and I guess thousands like me - just whistle and we'll be back, ok? Only, don't leave it too long.1 -
No harm in it but anyone still reading this thread and taking anything in it with less than a large pinch of salt has not really been paying attention.JamesSeed said:
Whose predictions? I've been careful not to predict anything. Just passed on what I was told, and normally added a caveat.NapaAddick said:I am surprised so many rely on the so called insider knowledge of the takeover from some posters, even though every prediction up til know has either been way off on timing, entirely wrong, common knowledge already in the press or tidbits so nebulous that, whether right or wrong, they cannot be evaluated after the fact.
It's like the clock being right twice a day. Just because the claim of two o'clock is eventually correct does not mean the prediction was correct. And just because the clock struck two, does not mean the person who made the prediction deserves credit, especially when it comes literally months after the predictions were made.
The fact is, the predictions have all been wrong. And here we are almost half a year later and no one still has much of an idea wtf is going to happen or when.
Plenty of people are guessing, but where's the harm in that?
Seems even your Aussie mates have found it hard to accurately predict what will happen, and I’m not sure even Roland knows half the time what he will do next until he does it, so what chance anyone outside the deal has of predicting what will happen, I don’t know.
I think the best anyone can say is that it will happen when it happens, if it happens at all.
In the meantime I think a few people would be well advised to chill out a bit and stop worrying about something they can’t control.4 -
All this waiting for investors bollox , no one in their sane mind would “invest” in a football club .
As the saying goes how do you make a small fortune out of a football club , start with a large one (ooooooerrrr) .
All this let’s get to the premier league and sell for a profit , really , who’s buying ?
How much to get there ,maybe cash in and do an Oyston when you get there , that’s always popular .
It costs a fortune when you get there .
How many clubs are running at a decent profit up there ?
Maybe bob Munro has an idea , have stoke and palace run at a profit over the last few years and if so how much ?
Worthy of £50m-£80m punt ?
I just can’t see it , a club like villa have sat at the top table with a bigger fan base than we’ve got and for what massive debts , everyone appears to have massive debts immediately they leave the top table , which to me sounds like there’s not a lot of money , left, sloshing around at these clubs in the prem cos they are running on those yearly big payouts .
The contracts, transfer fees etc when up there are beyond astronomical.
The football world is fucked and anyone willing to get in to it has to have more money than sense because it makes no sense/cents to “invest” in this shit .
No ones gonna get a return imo unless you strike lucky and make it up there , get there and spend fuck all doing an oyston and pocket it but even then the constant running of a football club will drain resources away .
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Give the dick swinging contest a rest, just post your info and be done with it.nth london addick said:Not far from the truth it’s definitely come from the sellers side
But hey you don’t have to believe my 100% track record
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Why else have they been trying to raise funds for at least 14 months? That's directly from their website, not RD.LargeAddick said:
I believe that NLA is, like James Seed, telling us what he’s been told BUT he’s getting his info directly, or indirectly, from Roland himself and I personally wouldn’t believe a word that comes out of his mouth.Stu_of_Kunming said:Sadly I trust NLA more than aby of the other 'ITK' crew, so, for me, it's time the Aussies f*** off and find another club to mess around with, we need a serious buyer with a serious plan to get us out of thethis league.
Getting to the prem is gonna vost c. 50m, how will they find that if its taken this long to get together the money to just buy the club. If they get control I can see admin within 3 years, a prospect we don't have to worry about under RD.1 -
Just made the BBC news...0
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BBC seemed to just regurgitate the statement of the other day but with pictures of the ground0
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To be fair, you did set up a blog after going for a beer with him. All appreciated though.JamesSeed said:
To be strictly accurate our first conversationRedrobo said:
Correct. You have not predicted anything, but you have passed on what one member of the consortium has asked you to. If it has been true or false does not matter as at least we had an insight as to one parties view.JamesSeed said:
Whose predictions? I've been careful not to predict anything. Just passed on what I was told, and normally added a caveat.NapaAddick said:I am surprised so many rely on the so called insider knowledge of the takeover from some posters, even though every prediction up til know has either been way off on timing, entirely wrong, common knowledge already in the press or tidbits so nebulous that, whether right or wrong, they cannot be evaluated after the fact.
It's like the clock being right twice a day. Just because the claim of two o'clock is eventually correct does not mean the prediction was correct. And just because the clock struck two, does not mean the person who made the prediction deserves credit, especially when it comes literally months after the predictions were made.
The fact is, the predictions have all been wrong. And here we are almost half a year later and no one still has much of an idea wtf is going to happen or when.
Plenty of people are guessing, but where's the harm in that?
was pretty random, and I certainly didn’t get the impression that they were trying to get a message out there or anything. In fact he was a bit pissed off how the news spread, even though I asked him if it was ok to share it.
Since then it’s been very, very limited, and just a response to me asking if they were pulling out or something. NDAs etc.1 -
I've not wanted to believe NLA but I think he's right.nth london addick said:Back in the cafc and Aussie consortium negotiation table things take a big backward step
After establishing that NLA was right and they haven’t got the money that RD wants currently
The discussions continue on how hard they are trying to rectify the situation
But currently they would be open to buying the club
Minus
Wait for it it’s a corker
The ground and the training ground
So as I keep saying
The aussies have no money
And we are back at cafc del Amitri day
Because this shit storm was definitely spoke about months ago
What an absolute shit fucking scenario we will face now should the inevitable happen and the Aussies fucked up attempt to find an investor or investors
We won’t be rid of RD
Fucking shambles running the club
Fucking shambles buying the club1 -
This and why did the first fella walk away was it he thought we were over pricedStu_of_Kunming said:
Why else have they been trying to raise funds for at least 14 months? That's directly from their website, not RD.LargeAddick said:
I believe that NLA is, like James Seed, telling us what he’s been told BUT he’s getting his info directly, or indirectly, from Roland himself and I personally wouldn’t believe a word that comes out of his mouth.Stu_of_Kunming said:Sadly I trust NLA more than aby of the other 'ITK' crew, so, for me, it's time the Aussies f*** off and find another club to mess around with, we need a serious buyer with a serious plan to get us out of thethis league.
Getting to the prem is gonna vost c. 50m, how will they find that if its taken this long to get together the money to just buy the club. If they get control I can see admin within 3 years, a prospect we don't have to worry about under RD.
More than likely
Did he think RD was a dick more than likely
For what it’s worth I don’t think the Aussies are a bad lot I don’t think their idea is terrible I don’t think their intentions are wrong and I think that Muir is right not to pump his cash freely into something that they have no track record in doing and nothing to really hold on to other than hope to see if they are able to achieve it
I think bringing Elliot on board would be a great move
But none of it is a cert for success and people think Muir should just stump up himself
Whybthe fuck should he money is hard to come by no matter what sort of table your dining at
A fool and his money is easily parted
We have had a proper fool running us who he may not of invested his cash in us wisely but he foolishly entered in without full DD and he has been losing 13mil a season since we have been in this shite league3 -
Oh, dear, going to Belmarsh for your holidays having issued an unapproved financial promotion in contravention of section 21 FSMA 2000 - unless you're sure we've all signed a high net worth/sophisticated investor statement.Addickted said:Can I just confirm as a bona fide British bidder to purchase the Club - a bid which has not been rejected to date (or to be fair acknowledged) - I am not part of a Consortium.
However, I am open to discussions with fellow Charlton fans if they feel they have the financial acumen to support my bid (minimum investment of £100 with some form of chocolate comestible to act as a 'sweetener' on the deal) and I would consider leading in either a partnership or alliance to rid our Club of the #BelgianBastard
Meanwhile, back in Australia
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If the sale of the club doesn’t include the training ground and/or the Valley id rather they didn’t buy it at all.
As long as RD is involved in any capacity we are fucked. And splitting the club would be a nightmare for any future owners/investors.8 -
If NLA is as spot as on as he has been so far (The git), then I am sure many will feel that this isn't enough and their boycott will last, so what other than a loss making machine are the Aussies buying? A team without a home isn't a viable asset unless you are in the gravy train league.2
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Buying the "football club" should be quite easy without buy the holding company that own the ground and training ground. As I believe, but maybe wrong, they are separate companies both owned by baton?
Are the directors charges owed by baton or another subsidiary?0 -
Unless @nth london addick has been bribed by @Henry Irving to boost the post count and shove this thread towards the mythical 1000 pages.2
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Beats me why Roland doesn’t just join the consortium if they are an investor short...8
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How in fucking gods name did they think they was ever going to be able to buy a new player or even pay for a 2 year contract if they can't raise the funds for the basics of buying a club.
Let's haggle for a club and stick with the same players or less that they couldn't get out of this league with for the past 2 years?
This is gonna go tits up royally.
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The way I see it is the Aussies know that there paying over the odds for the club if this gives them extra funds to push us up the league and into the championship then is it a bad thing and say in 2-3 years when extra funds are in the club then buy it off him0
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If they can’t afford the ground and training ground I’d rather they didn’t bother.36
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It seems we get good news followed by bad news each week.
We hear takeover is very close THEN Roland comes to town
We hear Aussies are still in it THEN NLA shares the above.
This has been the whole story regarding the takeover and it's hard to keep track of all the different sources and stories as they consistently contradict each other (not saying any are wrong, I'm sure they have been told in good faith) it's just hard to keep up.
I have moved into Team WIOTOS's camp though because of all the mis-information out there. (However the state of this week's statement on the official site has also made me wonder about that too)
#TeamWIOTOS3 -
Where's @Airman Brown when you want his input.2
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No the blog's been going for ages @The Red Robin .The Red Robin said:
To be fair, you did set up a blog after going for a beer with him. All appreciated though.JamesSeed said:
To be strictly accurate our first conversationRedrobo said:
Correct. You have not predicted anything, but you have passed on what one member of the consortium has asked you to. If it has been true or false does not matter as at least we had an insight as to one parties view.JamesSeed said:
Whose predictions? I've been careful not to predict anything. Just passed on what I was told, and normally added a caveat.NapaAddick said:I am surprised so many rely on the so called insider knowledge of the takeover from some posters, even though every prediction up til know has either been way off on timing, entirely wrong, common knowledge already in the press or tidbits so nebulous that, whether right or wrong, they cannot be evaluated after the fact.
It's like the clock being right twice a day. Just because the claim of two o'clock is eventually correct does not mean the prediction was correct. And just because the clock struck two, does not mean the person who made the prediction deserves credit, especially when it comes literally months after the predictions were made.
The fact is, the predictions have all been wrong. And here we are almost half a year later and no one still has much of an idea wtf is going to happen or when.
Plenty of people are guessing, but where's the harm in that?
was pretty random, and I certainly didn’t get the impression that they were trying to get a message out there or anything. In fact he was a bit pissed off how the news spread, even though I asked him if it was ok to share it.
Since then it’s been very, very limited, and just a response to me asking if they were pulling out or something. NDAs etc.3 -
If all this talk of the Aussies buying the club but Roland keeping hold of the valley and sparrows lane are true I would rather nothing happens.
If the Aussies and Roland can't come to an agreement that means that the Aussies buy the lot I would hope they just walk away.
That would leave Roland losing potentially 10 million over the next year and force him to lower his asking price to a more realistic price.
In the meantime it appears we may be stuck with him for next season.3
