The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
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Glenn Medeiros, something changed his love for us as his consortium pulled out before all the Blue Peter presenters got involved.Fortune 82nd Minute said:
Am I the only person who hasn't got a clue who GM is?JamesSeed said:
Made promise not to, but I’m sure it will be revealed. Someone like Airman will pull all the threads together and explain it properly. I don’t think I fully understand it if I’m honest.golfaddick said:
Care to share what you know ???JamesSeed said:So many of the issues holding up the sale are not RD’s fault as it’s turned out. Had he done DD he would have walked away, and the club would have gone into administration. (Maybe for the better as people are saying)
This takeover may be the best thing that’s happened to the club for many years. So many major problems have been, or are being, sorted out. It’s unbelievable really. For whatever reason the Aussies have stuck with it. You can see why other bidders walked away.
Without new owners the club might struggle to survive right now. RD is cutting every cost to the bone. If the Aussies were to walk now, what do you think he would do? Cut and run I’d say. Fire sale? It wouldn’t be pretty, that’s for sure.
Or maybe GM perhaps. He’ll know all about it having sat through all the meetings.
Who is he or is this just code for someone?
*just after DD ended
**Duncan Dares0 -
I think an objective view of that would need to look at the influence Jimenez actually exerted when the funding was there. Neither the funding nor the influence was great as you might suppose, and when he did intervene - Alonso, Clarke - it didn’t necessarily play out well.CAFCsayer said:Shady as fuck, but still think we would be in the prem now had the cash not been pulled... Bloke was a crook but had football contacts in abundance
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My guess is, if it happens this week, is that it'll be on page 1111, that's the sign.0
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ElfsborgAddick said:
But we keep being told that there was nobody else interested in buying us.........Chizz said:Being grateful to RD for "saving" the club from almost certain administration is like the story of the guy who fell through a trapdoor and was miraculously "saved" from breaking both his legs by the noose round his neck.
He meant Pre-Duchatelet, not now.JamesSeed said:
Is there anyone else?ElfsborgAddick said:
But we keep being told that there was nobody else interested in buying us.........Chizz said:Being grateful to RD for "saving" the club from almost certain administration is like the story of the guy who fell through a trapdoor and was miraculously "saved" from breaking both his legs by the noose round his neck.
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Glenn McGrath0
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Given the elapsed time what did Varney and Kavanagh publicly say as to why they resigned back in 2012?Airman Brown said:
To be clear, you are bringing Murray into it, not me. My definition would apply to Jimenez and Cash, as evidenced by the Khakshouri court case.killerandflash said:
No, but it was a pretty bad judgement call though. I wouldn't call Murray throughout this period a shady character either, but someone who made a number of bad decisionsAirman Brown said:
I don’t think that makes him a shady character, though, does it? That would be someone who was knowingly complicit in dishonest behaviour.killerandflash said:
Wasn't it Varney who was heavily involved in bringing the Spivs into the club in the first place?soapboxsam said:
Maybe not because even the journalist types like Airman would find it difficult to be impartial because having been inside the Charlton tent, he knows where the bodies are burried, but having been caught in the knife throwing may find it difficult to give an unbiased view on the shenanigans.RodneyCharltonTrotta said:
Terrifying that our clubs in this country have been permitted to get into this state over the years. Ugly stuff.JamesSeed said:So many of the issues holding up the sale are not RD’s fault as it’s turned out. Had he done DD he would have walked away, and the club would have gone into administration. (Maybe for the better as people are saying)
This takeover may be the best thing that’s happened to the club for many years. So many major problems have been, or are being, sorted out. It’s unbelievable really. For whatever reason the Aussies have stuck with it. You can see why other bidders walked away.
Without new owners the club might struggle to survive right now. RD is cutting every cost to the bone. If the Aussies were to walk now, what do you think he would do? Cut and run I’d say. Fire sale? It wouldn’t be pretty, that’s for sure.
Does this vindicate some of the stuff Murray has been saying over the years I wonder? i. e. has he been made aware of this mess from the cash era historically or is this all coming to the fore for the first time?
Wonder if the mess will ever be truly unravelled and revealed to us.
The timeline and major players covers the period from Murray selling to Jimenez, Slater and Cash to the quick sale to Duchatelet to the elephants pregnancy of the current impasse.
Other than Peter Varney, their just seems too many shady characters (I reserve judgement on the Aussie guys) involved and the big losers are the fans, you and me that have seen us go from a well run Premier club to a comedy third tier club who could fall even further down the football pyramid if the myriad of technical issues aren't resolved very soon.
An independent transparent review of The stated period would be interesting to know so we could learn and move on but too many people may go mute for that too happen.
Nevertheless I suggest waiting to see what comes out, if it does. Varney and Kavanagh resigned as directors in 2012 for a reason.
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Weren't they the presenters of bake off ?Johnnysummers5 said:
Who Chris and Sue?shirty5 said:52 days now since they were seen in the directors box v Shrewsbury
I believe Sue is the one who's always stuffing her cake hole.0 -
But if the takeover is being held up because of what the spivs did, why hasn't RD done something about it, he has had 4 years, was he hoping it would go away, or some idiot like him would buy Charlton without doing DD?0
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If the ownership of Charlton was uncertain during the Spiv era, how was a fit and proper test carried out?5
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My source is that he simply stuck his fingers in his ears, duct taped his eyes and repeated " I want to know NOTHING !" ad infinitum whilst his niece lovingly stroked his hand .....ross1 said:But if the takeover is being held up because of what the spivs did, why hasn't RD done something about it, he has had 4 years, was he hoping it would go away, or some idiot like him would buy Charlton without doing DD?
Weird indeed.3 -
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You know those "are you eighteen?" screens that pop up on video streams?ME14addick said:If the ownership of Charlton was uncertain during the Spiv era, how was a fit and proper test carried out?
How many 15 year old boys answer "no" to that question?3 -
Nothing will happen this coming week, no chance, zilch.
There will nothing on the OS3 -
TeaseHenry Irving said:Nothing will happen this coming week, no chance, zilch.
There will nothing on the OS0 -
Sorce?0
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Sorcery, probably.harveys_gardener said:Sorce?
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I half agree with Henry. From what I have heard, there will be nothing announced publicly or on the OS before Wednesday morning.2
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Or possibly everChizz said:I half agree with Henry. From what I have heard, there will be nothing announced publicly or on the OS before Wednesday morning.
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Have you mowed the lawn yet?ShootersHillGuru said:
Or possibly everChizz said:I half agree with Henry. From what I have heard, there will be nothing announced publicly or on the OS before Wednesday morning.
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What have you not heard?Henry Irving said:Nothing will happen this coming week, no chance, zilch.
There will nothing on the OS0 -
Is there a deadline for nothing happening?Henry Irving said:Nothing will happen this coming week, no chance, zilch.
There will nothing on the OS1 -
Sponsored links:
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I have mowed the lawn0
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By George he's got it.Henry Irving said:Nothing will happen this coming week, no chance, zilch.
There will nothing on the OS
If anyone tries to say this is the week for the 22nd week in a row DON'T.
Follow Henry's mantra.
WIOTFOS.
I don't normally swear.0 -
Nothing to hear here.0
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hear hear..... (he says waving his order papers around)JamesSeed said:Nothing to hear here.
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My girlfriend hates the fake grass I put in the garden so as not to have to cut it. Apparently allows me to have more to drink which is a bad thing. Fair enough.7
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Morally, I would agree - in the same way many businesses go into administration/liquidation and then start up again after shafting creditors.killerandflash said:
They might be a new business, but in terms of the football pyramid, they are the same club, getting the same benefits from the league structure, central TV money etc. Indeed other football clubs get preferential treatment when clubs go broke.Henry Irving said:
I'm not an accountant but I believe that they are not the same business. The old business closes down and a new business is set up, pays something to the administrator and takes over the assets, including membership of the football league, and starts trading.killerandflash said:When clubs go into administration, and have their debts written off, if they reach the Premier League then they should repay them, or the PL should take the money of their central payments for redistribution.
It might be too late for some small businesses, but in no other sector can broke businesses like football clubs hit the jackpot like this, a year or two after going broke and writing off their debts
In the same way if a pub closes, you and I can take it over and re-open it using the same name, serve the same beer to the same people as before but it is a new business under the law. If we then make the pub a roaring success why should we have to pay off the unpaid bills left by the previous landlord?
I'm not saying it is right and the football league should be a lot more to control debt but businesses closing and then re-opening is not unique to football.
Morally, the PL could easily deduct some TV money from newly promoted clubs who had gone into administration during the previous 5 years say and give it to charity or perhaps a central fund to help compensate future small businesses that suffer due to football clubs defaulting on their debts.
But football should not be an exception - the whole law of limited liability and company insolvency should perhaps be looked at.
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