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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
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I had thought this back when the Aussie were first mentioned and the ground and training ground being separated was first mooted. It would make sense but you'd have to put in a clause that Roland couldn't do anything with it during this time period (sell the actual seats, build a hotel in the middle of the centre circle etc).JamesSeed said:The most optimistic spin I can put on this is that there is a temporary shortage of funds, (i.e. new investors have funds, but theyre not instantly accessible, as is often the case with wealthy people).
Perhaps the funds are there to buy the club without the land etc, but new funding will arrive say in two months time. So in order to complete the sale, a temporary fix is being put in place, meaning they could at least get on with the day to day business that needs to be done before the season starts. And yes, I'm clutching at straws here.
But after the talk of funding a long term bid to get us back the the premier league this is all very worrying. Am hoping for a message asap.
Unfortunately it is still just rumour until it is on the official site
#TeamWIOTOS1 -
What fake stories?Athletico Charlton said:NLA gets his news indirectly from RD. RD wants out. In the meantime if things are dragging and with clear evidence of fake stories having been put out by RD previously, it would not surprise me if RD is spreading junk like this to wind up fans he is annoyed with. Ignore for me.
(Sorry, to be clear, not a dig at NLA who is just passing on news. I just don’t trust the source).0 -
They are aware of the situation, this doesn't mean they are coming back though.creepyaddick said:Quick, ring the Prince, email him, text him, fookin pigeon mail him, we need him and his dough!
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Incorrect that RD is keeping the ground and training ground?0
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If - everyone ITK was to be believed, we would all be grey now, opps, I am already grey, but no matter, there's been more stories told here than ever I'd seen or heard on Jackanory.
No offence to anyone, but there are only a few people who would make me sit up and listen, that's Airman, Jimmy, and Crawley, without mentioning names, there are some on this thread who I feel are intent on giving knowingly false news, only they know why, but I will stick by those I do trust who have our club at heart.0 -
So no specifics then?Karim_myBagheri said:
they just repeated everything Doucher has said on hereScoham said:
What did they say?Redvalleyeast said:Being reported on BBC breakfast London news this morning
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You get the impression that this Aussie consortium do not have pot to piss when it comes to paying for the purchase and running costs of a football club, or like Roland they want to run it on shoe string as not willing to splash the cash to run a competative football club. If so we would no better off under them than Roland. If they do purchase the club which I strongly doubt, the protest groups willl have a problem, it is 10,000 miles to Australia.0
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This thread is so powerful it’s even killed the annual ‘when’s the new Kit being released’ thread.
That is serious power.10 - Sponsored links:
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I don't like the new kit.Valley11 said:This thread is so powerful it’s even killed the annual ‘when’s the new Kit being released’ thread.
That is serious power.4 -
I have thought for along time the NEWS suggested by NLA would be one way that RD could get near his daft valuation of the club. All numbers aprox;
*Sells the playing side for £20 mill
* Leaseses The Valley and Sparrows Lane for £1 mill a year for 5 years .
* Sells to the original buyers of the playing side for £7-10 mill
Total £32 --£42 mill
Im thinking that The Aussies lost two people and cant reach RDs figure. RD wants out big time and the lease of The Valley and Sparrows Lane gives The Aussies time to get other investors in place. It also means RD gets cash and gets rid of the running cost.
It would also explain why the "legals" are taking so long as they are completely different from the original scenario.
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"NLA gets his news direct from RD" that did make me smile2
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Doesn’t tally with @JamesSeed latest text @Goonerhater1
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My wife heard the BBC news item while i was in bed.
Come running down stairs, fire up computer and find..... FALSE ALARM.
Just a rehash of the recent joint statement i understand.
Told the wife she is sleeping in the dog kennel tonight
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I’ve heard there’s going to be another statement at 2pm1
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hope its about the new kitFumbluff said:I’ve heard there’s going to be another statement at 2pm
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A reminder of what Duchatelet said just a month ago, regarding the prospect of separating football club from real estate.
ROT 1 Are they both Australian or is one Australian and one British?
RD Yeah
ROT 1 One British, - interesting, and do you think it could happen soon?
RD I’ve hoped since months that it will happen soon
ROT 2 I bet yeah
ROT 3 Imminent, imminent?
ROT 1 Is the reason it hasn’t happened is it because err, there are some conditions that the buyers don’t appreciate?
RD No, the reason that it hasn’t happened is finding the funds to erm buy the club
ROT 2 Right, okay. We did wonder that
ROT 4 And is your intention to sell everything?
RD Everything yeah, well because the other thing is that er, the other way to do it was that we would keep for example the property, and they would buy the club, but then the ex-directors did not agree with that huh
ROT 2 Right
ROT 1 They still have an interest don’t they
RD And that was the problem
ROT 3 Yeah, well I guess you can make a clean break
RD Yeah yeah well it’s, yeah..
ROT 3 That would be good for all of us
RD And then there were some discussions with the ex-directors and some did agree huh, to have an arrangement, and that they er, and some did not agree. For example Richard Murray he did agree because he’s a very, he’s a super guy Richard Murray huh, he works hard for the club huh, and he was also criticised and er, although he’s his thoughts have always been with the club huh. He was, he was not my assistant or whatever…
ROT 2 So it needed every director to agree then yeah?
RD Yeah, we needed every director to agree and in fact, I think er, four of the seven agreed and three didn’t agree or something like that.9 - Sponsored links:
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There was a guy in my office wearing a cork hat for some reason. Fingers crossed it's a sign
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What’s the latest “goss” from Sue Parkes website/blog?1
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Pre match vol au vents scrapped to cut costs.SoundAsa£ said:What’s the latest “goss” from Sue Parkes website/blog?
ROLAND OUT7 -
I really don't get why anybody would buy just the football club without the training ground and stadium. What are you actually getting for your money? A collection of footballers contracts, coaches and backroom/admin staff. What happens if the new owners need to borrow money in future, what assets do they have as security? I don't understand it and I'm not sure I buy it.
Buying the club now and getting rid of Roland, they will also be purchasing a massive amount of goodwill from the fans. Leave Roland hanging about like a bad smell and you can kiss goodbye to all that, the boycotts and aggro continue. They'd be sabotaging themselves before they even started.3 -
The various ex-directors, understandably, have different positions and objectives and some are owed substantially more than others. The hypothesis that RD wants to raise cash from the team in order to take them out of the equation is a reasonable one - the idea they can or would be blamed for a deal not happening less so. That’s a threat that has been used by RD/KM to them before. It won’t wash, IMO.
The fundamental problem remains that RD wants more money than the club is reasonably worth and can’t get it. One reason is that he cannot easily realise such value as exists in the freehold property, which has no planning consent for any other use and no immediate or medium term likelihood of receiving any. On top of the consent issues, which are considerable,The Valley is a difficult and expensive site to redevelop because of the geography. It is not a property goldmine - that’s why others have previously sought to use it to trigger the release of higher value land on the peninsula.
Remember if Duchatelet had an easy route to profiting from developing the ground he would have taken it already. He doesn’t need to sell the club to bring that forward, he just needs to move the team (like 1985) or close it down. The likely reason he hasn’t is that it doesn’t stack up.
Any lease is only as good or bad as its terms. I’ve been directly involved in large commercial leases by local authorities and the idea that all the control lies with the landlord is naive. It’s a complex legal area but leases like any other deal need to be evaluated on their terms, not in the abstract.
Given the history we should be very wary of any separation of ownership between the football club and the ground, but unless someone finds a way to separate Duchatelet from the football club and wipe out the so-called friendly debt the risk is we will end up with neither.18 -
The story I heard and it’s straight form the horse’s mouth is that Roland will be keeping half of the Valley with the Australian consortium buying the rest. Roland’s half roughly stretches from G and Q blocks of the west stand (as H and R blocks are fallow anyway he didn’t want them) and runs all the way along to half of the covered end (D block in the lower and J block in the upper). The Australians get the rest of the ground including the lucrative Jimmy Seed Stand – as this is where the happiest supporters in the ground usually sit, they can charge more for sitting here.
If you are buying a season ticket I would suggest buying it in the North East corner of the ground – I know for a fact that the Aussies have promised to buy attacking right sided players with any season ticket money from their side of the ground, so you will always see the best players on your side of the Valley in the second half and decent left sided defenders for the first half. Bowyer has been told to look for right footed ‘flair’ players and to ignore left wingers and to buy overlapping left backs.
100% nailed on, you heard it here first – don’t shoot the messenger
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Jimmy it’s not incorrect the difference is I have no bias in what I share all I want is RD gone your source does not want to release the info that has dogged them from the start ref funds
I assure you the pup lines being told from within are not the ones I speak
Be careful who you believe mate is all i say8 -
May be a long way off the mark here as I'm not clued up on property law, but if only three of the ex directors went against the idea of separating club and ground, could RD just pay them off and go ahead with the consent of the other four? If it's a loan there's no way they could refuse payment of the loan, right?0
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Should have looked on your phone, you could still be in bedAddictedoldgit said:My wife heard the BBC news item while i was in bed.
Come running down stairs, fire up computer and find..... FALSE ALARM.
Just a rehash of the recent joint statement i understand.
Told the wife she is sleeping in the dog kennel tonight1 -
Now this is done the takeover can go through.
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This discussion has been closed.
