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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • JamesSeed
    JamesSeed Posts: 17,380
    edited July 2018

    Agree change is much needed and can’t believe no one wouldn’t welcome it.

    However it’s clearly been amateur hour for the past several months! The guys even turned up wearing scarves in the directors box at the end of last season and here we are barely weeks away from the start of the season and we are no better off.

    Lieven said that historic issues have now been sorted (at great expense to the Aussies). The recent documents issue I suspect is, relative to them, a minor blip.

    Happy to bet a £50 donation to the museum that this goes forward. Let’s see the colour of your money @Streetlife !
  • Henry Irving
    Henry Irving Posts: 85,221

    Agree change is much needed and can’t believe no one wouldn’t welcome it.

    However it’s clearly been amateur hour for the past several months! The guys even turned up wearing scarves in the directors box at the end of last season and here we are barely weeks away from the start of the season and we are no better off.

    But is that all down to the Aussies?

    Your taking the regimes statement as 100% accurate when we know they lie.

    What if it has been Roland or the old directors holding up the deal?

    More importantly are you taking @JamesSeed bet @Streetlife ?
  • Scoham
    Scoham Posts: 37,376

    With everything I’ve been involved in the longer things drag on the less likely they are to happen.

    Not to say this won’t. But surely by now if there’s still some issues then it’s never going to go forward.

    If it is down to not getting in the forms to the EFL well you have to ask yourself why haven’t they been submitted and why are they taking so long. It’s not as if the EFL just make things up as they go along. They have a process and the advisors to the Aussies would know exactly what is required.

    From my perspective it’s all very amateur hour here by them. Not saying I don’t want them. But so far they haven’t demonstrated any good reason why we should be looking forward to them coming in other than they can’t possibly be as bad as RD - or can they?

    But we don’t know:

    1. When they were first asked for the missing forms
    2. If this side of the story is 100% accurate
    3. Exactly what the historical issues are and how much of an impact they’ve had in terms of time and money.

    I have concerns about them though I’m also hopeful they’ll be an improvement on RD. They should be judged on how they run the club, not how long the takeover takes to complete.

    The time taken might be a bad sign and then again it could be mainly due to complex historical issues. We don’t know what those are and therefore what’s involved.
  • Addickted
    Addickted Posts: 19,456
    I just wish they'd hurry up.

    I want to buy my Season Ticket.
  • Henry Irving
    Henry Irving Posts: 85,221
    Addickted said:

    I just wish they'd hurry up.

    I want to buy my Season Ticket.

    Me too
  • Henry Irving
    Henry Irving Posts: 85,221
    Scoham said:

    With everything I’ve been involved in the longer things drag on the less likely they are to happen.

    Not to say this won’t. But surely by now if there’s still some issues then it’s never going to go forward.

    If it is down to not getting in the forms to the EFL well you have to ask yourself why haven’t they been submitted and why are they taking so long. It’s not as if the EFL just make things up as they go along. They have a process and the advisors to the Aussies would know exactly what is required.

    From my perspective it’s all very amateur hour here by them. Not saying I don’t want them. But so far they haven’t demonstrated any good reason why we should be looking forward to them coming in other than they can’t possibly be as bad as RD - or can they?

    But we don’t know:

    1. When they were first asked for the missing forms
    2. If this side of the story is 100% accurate
    3. Exactly what the historical issues are and how much of an impact they’ve had in terms of time and money.

    I have concerns about them though I’m also hopeful they’ll be an improvement on RD. They should be judged on how they run the club, not how long the takeover takes to complete.

    The time taken might be a bad sign and then again it could be mainly due to complex historical issues. We don’t know what those are and therefore what’s involved.
    Roland took three weeks to buy the club.

    That went well
  • Hartleypete
    Hartleypete Posts: 4,699
    edited July 2018

    JamesSeed said:

    Folks, I don’t know if I’ve mentioned it, but it’s going to happen soon!

    So you can pick up a prediction date here, and win an all time classic football book, signed by some random Millwall fan.

    http://forum.charltonlife.com/discussion/comment/3260010#Comment_3260010

    Sorry for cross post, but this is sale relevant:

    GM met the Belgian fella Lieven yesterday, and said ‘he was very happy’. Lieven that is. That might mean progress was made on the documentation.

    The good news from the meeting was that HMRC seem to be satisfied.

    The season ticket/bank issue is just prudence in the face of recent uncertainty. No massive deal.

    GM is getting ready to start work at The Valley. That’s good news imho. Meire is going to be a tough act to follow ;-)

    I get the feeling it’s not far away now. It was only a week ago that the rumour went out the Aussies had formally pulled out. Of course that was bullsh*t, but would still love to know where that rumour came from, as it led to me increasing my ‘pest’ quotient, again :-(

    In addition, some personal stuff I can’t divulge means that the Aussies feel it’s definitely happening - it’s ‘when’, rather than ‘if’.

    Full respect to GM for leaking zilch re negotiations since May 18th, btw.

    Hmmm.

    Some " personal stuff" eh ?

    So, Jimbo, is it the CEO's desk or the FD's desk for you ?
    Head of properganda surely.
  • Taxi_Lad
    Taxi_Lad Posts: 3,767
    .
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  • redbuttle
    redbuttle Posts: 1,979
    JamesSeed said:

    Agree change is much needed and can’t believe no one wouldn’t welcome it.

    However it’s clearly been amateur hour for the past several months! The guys even turned up wearing scarves in the directors box at the end of last season and here we are barely weeks away from the start of the season and we are no better off.

    Lieven said that historic issues have now been sorted (at great expense to the Aussies). The recent documents issue I suspect is, relative to them, a minor blip.

    Happy to bet a £50 donation to the museum that this goes forward. Let’s see the colour of your money @Streetlife !
    Great idea. Let's see who has the balls to take the bet.
  • Addickted
    Addickted Posts: 19,456

    JamesSeed said:

    Folks, I don’t know if I’ve mentioned it, but it’s going to happen soon!

    So you can pick up a prediction date here, and win an all time classic football book, signed by some random Millwall fan.

    http://forum.charltonlife.com/discussion/comment/3260010#Comment_3260010

    Sorry for cross post, but this is sale relevant:

    GM met the Belgian fella Lieven yesterday, and said ‘he was very happy’. Lieven that is. That might mean progress was made on the documentation.

    The good news from the meeting was that HMRC seem to be satisfied.

    The season ticket/bank issue is just prudence in the face of recent uncertainty. No massive deal.

    GM is getting ready to start work at The Valley. That’s good news imho. Meire is going to be a tough act to follow ;-)

    I get the feeling it’s not far away now. It was only a week ago that the rumour went out the Aussies had formally pulled out. Of course that was bullsh*t, but would still love to know where that rumour came from, as it led to me increasing my ‘pest’ quotient, again :-(

    In addition, some personal stuff I can’t divulge means that the Aussies feel it’s definitely happening - it’s ‘when’, rather than ‘if’.

    Full respect to GM for leaking zilch re negotiations since May 18th, btw.

    Hmmm.

    Some " personal stuff" eh ?

    So, Jimbo, is it the CEO's desk or the FD's desk for you ?
    Head of propergander surely.
    Propergander eh?

    Uxbridge English dictionary: propergander - (noun) really tough urban goose
    Conbridge English dictionary: propergander - (verb) to have a really good look round
  • JamesSeed
    JamesSeed Posts: 17,380
    redbuttle said:

    JamesSeed said:

    Agree change is much needed and can’t believe no one wouldn’t welcome it.

    However it’s clearly been amateur hour for the past several months! The guys even turned up wearing scarves in the directors box at the end of last season and here we are barely weeks away from the start of the season and we are no better off.

    Lieven said that historic issues have now been sorted (at great expense to the Aussies). The recent documents issue I suspect is, relative to them, a minor blip.

    Happy to bet a £50 donation to the museum that this goes forward. Let’s see the colour of your money @Streetlife !
    Great idea. Let's see who has the balls to take the bet.
    I'm in.
  • JamesSeed
    JamesSeed Posts: 17,380
    edited July 2018
    Posting gif failure :-(
  • Streetlife
    Streetlife Posts: 21
    More than happy to match that donation and will happily make it. My whole point here has been that the whole thing has been amateur and even comical at times. And the more it drags on the less likely it is to happen. All the best will in the world ain’t going to make it anymore likely.

    However given the track record of this debacle of a takeover process, I for one am sure that it won’t happen before the start of the season and if it’s done anytime before the end of September then I’ll gladly make that donation to the museum.
  • JamesSeed
    JamesSeed Posts: 17,380
    edited July 2018

    More than happy to match that donation and will happily make it. My whole point here has been that the whole thing has been amateur and even comical at times. And the more it drags on the less likely it is to happen. All the best will in the world ain’t going to make it anymore likely.

    However given the track record of this debacle of a takeover process, I for one am sure that it won’t happen before the start of the season and if it’s done anytime before the end of September then I’ll gladly make that donation to the museum.

    Hmm, bit of backtracking going on there.

    But OK, I'm in. About time I donated something to the museum ;-)

    A bit odd to say the whole thing has been amateur/comical when you don't really know what's been going on though.
    Remember they've been working with their and Roland's lawyers for around 18 months, possibly more, sorting out historic legal issues (that have even been brought up in a court case where a judge has expressed astonishment at the dodginess of it all - @Airman Brown has commented numerous times about that). I think you're being naive to think it's the Aussies mess, based on the evidence. If something went wrong in the last few weeks with form filling, then fine, they deserve the rap for that. But even that is an 'if'.
    I really hate that expression 'wake up and smell the coffee'. But wake up and smell the coffee.
  • Henry Irving
    Henry Irving Posts: 85,221
    JamesSeed said:

    More than happy to match that donation and will happily make it. My whole point here has been that the whole thing has been amateur and even comical at times. And the more it drags on the less likely it is to happen. All the best will in the world ain’t going to make it anymore likely.

    However given the track record of this debacle of a takeover process, I for one am sure that it won’t happen before the start of the season and if it’s done anytime before the end of September then I’ll gladly make that donation to the museum.

    Hmm, bit of backtracking going on there

    But OK, I'm in. About time I donated something to the museum ;-)
    You and plenty of others : - )
  • TelMc32
    TelMc32 Posts: 9,051
    Scoham said:

    Has anyone got a link to the company that was reputedly set up as a vehicle for the purcase? Would be interesting to see current/past directorships.

    Echidna Acquisitions, it’s a new company:

    https://beta.companieshouse.gov.uk/company/11336951
    Suggests that the law firm CMS are acting for the Aussies.

    Not going to make anything happen quicker, but good to know that two good firms are involved this time representing both sides, unlike the two dodgy/failed lawyers last time!
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  • Garrymanilow
    Garrymanilow Posts: 13,169

    Agree change is much needed and can’t believe no one wouldn’t welcome it.

    However it’s clearly been amateur hour for the past several months! The guys even turned up wearing scarves in the directors box at the end of last season and here we are barely weeks away from the start of the season and we are no better off.

    I feel this is a troubling understanding of the concept of time
  • Redvalleyeast
    Redvalleyeast Posts: 4,689
    cafcfan said:

    So we're at the last hurdle now then......






    image

    I bet that smarted
  • clb74
    clb74 Posts: 10,824
    JamesSeed said:

    More than happy to match that donation and will happily make it. My whole point here has been that the whole thing has been amateur and even comical at times. And the more it drags on the less likely it is to happen. All the best will in the world ain’t going to make it anymore likely.

    However given the track record of this debacle of a takeover process, I for one am sure that it won’t happen before the start of the season and if it’s done anytime before the end of September then I’ll gladly make that donation to the museum.

    Hmm, bit of backtracking going on there.

    But OK, I'm in. About time I donated something to the museum ;-)

    A bit odd to say the whole thing has been amateur/comical when you don't really know what's been going on though.
    Remember they've been working with their and Roland's lawyers for around 18 months, possibly more, sorting out historic legal issues (that have even been brought up in a court case where a judge has expressed astonishment at the dodginess of it all - @Airman Brown has commented numerous times about that). I think you're being naive to think it's the Aussies mess, based on the evidence. If something went wrong in the last few weeks with form filling, then fine, they deserve the rap for that. But even that is an 'if'.
    I really hate that expression 'wake up and smell the coffee'. But wake up and smell the coffee.
    James do you know the full story?
  • Johnnysummers5
    Johnnysummers5 Posts: 8,469
    clb74 said:

    JamesSeed said:

    More than happy to match that donation and will happily make it. My whole point here has been that the whole thing has been amateur and even comical at times. And the more it drags on the less likely it is to happen. All the best will in the world ain’t going to make it anymore likely.

    However given the track record of this debacle of a takeover process, I for one am sure that it won’t happen before the start of the season and if it’s done anytime before the end of September then I’ll gladly make that donation to the museum.

    Hmm, bit of backtracking going on there.

    But OK, I'm in. About time I donated something to the museum ;-)

    A bit odd to say the whole thing has been amateur/comical when you don't really know what's been going on though.
    Remember they've been working with their and Roland's lawyers for around 18 months, possibly more, sorting out historic legal issues (that have even been brought up in a court case where a judge has expressed astonishment at the dodginess of it all - @Airman Brown has commented numerous times about that). I think you're being naive to think it's the Aussies mess, based on the evidence. If something went wrong in the last few weeks with form filling, then fine, they deserve the rap for that. But even that is an 'if'.
    I really hate that expression 'wake up and smell the coffee'. But wake up and smell the coffee.
    James do you know the full story?
    Morning Glory
  • JamesSeed
    JamesSeed Posts: 17,380
    clb74 said:

    JamesSeed said:

    More than happy to match that donation and will happily make it. My whole point here has been that the whole thing has been amateur and even comical at times. And the more it drags on the less likely it is to happen. All the best will in the world ain’t going to make it anymore likely.

    However given the track record of this debacle of a takeover process, I for one am sure that it won’t happen before the start of the season and if it’s done anytime before the end of September then I’ll gladly make that donation to the museum.

    Hmm, bit of backtracking going on there.

    But OK, I'm in. About time I donated something to the museum ;-)

    A bit odd to say the whole thing has been amateur/comical when you don't really know what's been going on though.
    Remember they've been working with their and Roland's lawyers for around 18 months, possibly more, sorting out historic legal issues (that have even been brought up in a court case where a judge has expressed astonishment at the dodginess of it all - @Airman Brown has commented numerous times about that). I think you're being naive to think it's the Aussies mess, based on the evidence. If something went wrong in the last few weeks with form filling, then fine, they deserve the rap for that. But even that is an 'if'.
    I really hate that expression 'wake up and smell the coffee'. But wake up and smell the coffee.
    James do you know the full story?
    I suspect only GM knows the full story. Not sure even Roland's lot fully understand it. Airman will write if up after the sale is completed, I'm sure.
  • usetobunkin
    usetobunkin Posts: 2,184
    Suspect deal is "Dead in the water" Another year of Mr D, !
  • JamesSeed
    JamesSeed Posts: 17,380

    Suspect deal is "Dead in the water" Another year of Mr D, !

    The museum could clean up here ;-)
    Trust me, it isn't.
  • usetobunkin
    usetobunkin Posts: 2,184
    James, i really do hope you are right and i am wrong
  • Stu_of_Kunming
    Stu_of_Kunming Posts: 17,117
    JamesSeed said:

    Suspect deal is "Dead in the water" Another year of Mr D, !

    The museum could clean up here ;-)
    Trust me, it isn't.
    The deal might not be, but next season certainly is!
  • JamesSeed
    JamesSeed Posts: 17,380

    JamesSeed said:

    Suspect deal is "Dead in the water" Another year of Mr D, !

    The museum could clean up here ;-)
    Trust me, it isn't.
    The deal might not be, but next season certainly is!
    These are business men buying our club with great care and diligence. Our concerns about when the season starts won't make them cut corners, not for you, not for no one. It's unfortunate, but it's just the way it is.
This discussion has been closed.