The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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It would be fucking horrific, but I don't doubt it's a possibility.ShootersHillGuru said:Would it be funny or horrific if the old nutter doesn’t actually own half of what he’s trying to sell because he thought he was to clever to have to do proper DD.
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Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
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So you are saying that it’s the Director loans that are holding this up ?Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
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It would be very funny but horrific for the supporters.ShootersHillGuru said:Would it be funny or horrific if the old nutter doesn’t actually own half of what he’s trying to sell because he thought he was to clever to have to do proper DD.
Something does not stack up with this drawn out affair and I feel it is going to come back and bite the supporters on their bottoms.0 -
If the former directors really believed in the prospects for the club under the Aussies, wouldn’t they prefer to wait for payment and get their full money back when we reach the Premier League?0
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Probably, but they may want to buy clear title to secure there own monies or to secure future loans.killerandflash said:If the former directors really believed in the prospects for the club under the Aussies, wouldn’t they prefer to wait for payment and get their full money back when we reach the Premier League?
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After 11000 comments finally a decent oneElfsborgAddick said:
It would be very funny but horrific for the supporters.ShootersHillGuru said:Would it be funny or horrific if the old nutter doesn’t actually own half of what he’s trying to sell because he thought he was to clever to have to do proper DD.
Something does not stack up with this drawn out affair and I feel it is going to come back and bite the supporters on their bottoms.1 -
So does this mean that you will return your season ticket for a refund?clb74 said:
After 11000 comments finally a decent oneElfsborgAddick said:
It would be very funny but horrific for the supporters.ShootersHillGuru said:Would it be funny or horrific if the old nutter doesn’t actually own half of what he’s trying to sell because he thought he was to clever to have to do proper DD.
Something does not stack up with this drawn out affair and I feel it is going to come back and bite the supporters on their bottoms.
I take it you are agreeing with my 'decent' post.0 -
That might well be the case. But if you had agreed a price - would you really want to have to find another £7m if and when you made the Premier League?killerandflash said:If the former directors really believed in the prospects for the club under the Aussies, wouldn’t they prefer to wait for payment and get their full money back when we reach the Premier League?
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No , why would they believe in prospects, they never met them, never been approached by them on their loans and their last 3 experiences under Murray, Slater and Roland have been shit.killerandflash said:If the former directors really believed in the prospects for the club under the Aussies, wouldn’t they prefer to wait for payment and get their full money back when we reach the Premier League?
If I was them I would not budge an inch.
This is Rolands problem not theirs, they have been constantly ignored , banned and as the Clubs major creditors treated with disrespect.
They have all been very quiet and respectful and in leaving their loans in basically stopped Club from Admin in 2010, in my opinion they deserve every penny back and Roland needs to take his medicine for bad management on the chin.33 -
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It's not often a "summary" post rivals a @Grapevine49 post for length.Henry Irving said:Summary 22.07.18
So here we are, two weeks away from the new season and still no done deal. Whatever happened to "it will be announced when we know what division we are in"?
What's happened in the past few weeks then?
The fans forum met on 11 July and the minutes from this one agenda meeting can be found here https://www.cafc.co.uk/news/view/5b4642efe6562/club-answer-questions-from-fan-representatives-about-takeover
The meeting was the first public appearance or naming of Lieven De Turck who, as well as representing the club in takeover talks, appears to be acting CEO, FD and head of making ridiculous cuts such as youth team breakfasts and not turning light on during the three days a week he is in the UK.
LDT's statements to the Fans Forum, the supporters' group being much derided in the run up to the meeting but getting an update if nothing else, left people asking for more but according to the regime bean counter:
- The club is satisfied the Australians have the money to purchase the club
- The Australians haven’t been granted exclusivity. It is possible the other party could still purchase the club but they still have certain issues of their own to resolve. The club can’t go in to more detail on these issues because of the NDA
- The sale agreed with the Australians does not include Staprix retaining The Valley or Sparrows Lane.
- There are no issues with regard to former director's loans.
- The only issue holding up the process is EFL approval.
However, the Aussies, according to @Airman Brown, privately dispute that there are no issues with the former director loans although they appear to accept that there is still some paperwork to be signed off by the EFL. What the delay with the EFL is, why it is an issue and when it might be resolved all remain unclear.
It was suggested that Duchatelet had only in June made an offer to the seven former directors and then for only 25% of the value, which was rejected by at least some of them. Airman Brown suggested that at least some of the old directors are in no mind to do any favours for either Duchatelet or Richard Murray, who has £3m of the £7m loan himself, and is still believed by some to be part of a, depending on your outlook, very shy or very mythical, British consortium.
@harveys_gardener did some research on the AFC group and found new names attached to the firm although most appeared to be lawyers rather than potential owners. Read more on page 1089 http://forum.charltonlife.com/discussion/77551/sale-of-charlton-pg-946-statement-from-club-expecting-a-takeover-of-the-club-to-be-completed/p1089
A "rumour" that appeared to originate with Colin Sams/Bexley Boy set yet another deadline, this time that nothing would happen until after the Norwich game on 28 July. Why this was the case wasn't made clear.
@Grapevine49 wrote an essay far too long for a summary but still very much worth the read. In essence he debunked the argument, put forward by a few posters, that the Aussies were in anyway responsible for or to blame for the directors loans not being settled. Read it in full here http://forum.charltonlife.com/discussion/77551/sale-of-charlton-pg-946-statement-from-club-expecting-a-takeover-of-the-club-to-be-completed/p1105
Lee Bowyer held an unannounced Q & A at the new kit launch and said that he was meeting with Richard Murray the next day (Friday 20) to learn about progress on the takeover. Lee publicly stated that he didn't feel the uncertainty over the takeover was impacting on player recruitment but he later said that any sale of Josh Magennis was out of his hands.
But with no firm news and little new information that thread continued in what we must now refer to as the @Scoham Takeover Infinity Loop which said poster accurately described as
1. Someone posts they’ve heard the deal may go through next week.
2. Excitement builds as we get close to the deadline.
3. Deadline passes. Nothing is said by the club or reported by the local media.
4. Discussions on here around reasons for the delay amongst more puns, gifs etc.
5. A few agree they have doubts about the Aussies or the deal even going through.
6. Others post that the Aussies aren’t the enemy, RD is to blame etc.
Repeat.
Over to you @AFKABartram
I'd hate to see how many volumes the full-length version ran for ...1 -
Only Roland knows that, but he agreed a deal and said he would sort out those Loans without knowing what Ex Directors would say, unless he was told by one that they wouldn’t be a problem.ShootersHillGuru said:
So you are saying that it’s the Director loans that are holding this up ?Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
Then guess what there was .1 -
Page 1111 today?1
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Isn’t Murray owed the most? Wonder if he’s willing to do a deal or write his off? Perhaps he’s using it to negotiate a seat at the new table.0
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I don't disagree with the sentiment, but don't forget he sold Lookman in January 2017, which will have given him some wriggle room.Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt0 -
You reckonNug said:Isn’t Murray owed the most? Wonder if he’s willing to do a deal or write his off? Perhaps he’s using it to negotiate a seat at the new table.
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Was thinking this as well. Also we sold Konsa in the summer so that's 2-3 months of losses recouped.Covered End said:
I don't disagree with the sentiment, but don't forget he sold Lookman in January 2017, which will have given him some wriggle room.Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
Or does he still lose 1m even factoring transfer sales into it?0 -
It's approximately £1m per month before player sales, which was why in the financial year we sold Lookman, Fox etc, we lost next to nothing or thereabouts.Chris_from_Sidcup said:
Was thinking this as well. Also we sold Konsa in the summer so that's 2-3 months of losses recouped.Covered End said:
I don't disagree with the sentiment, but don't forget he sold Lookman in January 2017, which will have given him some wriggle room.Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
Or does he still lose 1m even factoring transfer sales into it?0 -
When will the fans realise there are only 2 villains here;
Dickhead because he really isn't interested in the club only his own ego. He has done deals with the devil to make sure he has a seat at the top table, the real Judas amongst the disciples.
Dogshit because he is only interested in ripping the arse out of the club to make money and prove to everybody how clever he is.
They are both failures both in Life general but In particular any thing football related, yes they have money but can only attract the hangers on and the incompetent misfits (you know the people I mean).
Good luck to anybody trying to deal with either of these losers.
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Surely the majority of that £1M was made up of player salaries which should currently be much lower than when that original figure was reported?Covered End said:
It's approximately £1m per month before player sales, which was why in the financial year we sold Lookman, Fox etc, we lost next to nothing or thereabouts.Chris_from_Sidcup said:
Was thinking this as well. Also we sold Konsa in the summer so that's 2-3 months of losses recouped.Covered End said:
I don't disagree with the sentiment, but don't forget he sold Lookman in January 2017, which will have given him some wriggle room.Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
Or does he still lose 1m even factoring transfer sales into it?1 -
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Not sure either can be viewed as “life failures” to be honest.Hartleypete said:When will the fans realise there are only 2 villains here;
Dickhead because he really isn't interested in the club only his own ego. He has done deals with the devil to make sure he has a seat at the top table, the real Judas amongst the disciples.
Dogshit because he is only interested in ripping the arse out of the club to make money and prove to everybody how clever he is.
They are both failures both in Life general but In particular any thing football related, yes they have money but can only attract the hangers on and the incompetent misfits (you know the people I mean).
Good luck to anybody trying to deal with either of these losers.
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Exactly.ShootersHillGuru said:
Not sure either can be viewed as “life failures” to be honest.Hartleypete said:When will the fans realise there are only 2 villains here;
Dickhead because he really isn't interested in the club only his own ego. He has done deals with the devil to make sure he has a seat at the top table, the real Judas amongst the disciples.
Dogshit because he is only interested in ripping the arse out of the club to make money and prove to everybody how clever he is.
They are both failures both in Life general but In particular any thing football related, yes they have money but can only attract the hangers on and the incompetent misfits (you know the people I mean).
Good luck to anybody trying to deal with either of these losers.
Both can be viewed as c@#$s
But not life failures7 -
Now that is an interesting post.Davidsmith said:
Only Roland knows that, but he agreed a deal and said he would sort out those Loans without knowing what Ex Directors would say, unless he was told by one that they wouldn’t be a problem.ShootersHillGuru said:
So you are saying that it’s the Director loans that are holding this up ?Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
Then guess what there was .
Roland agreed the deal, presumably with the Aussies.
Roland tells the Aussies he will deal the the £7m loans.
Roland then finds out the former directors won't play ball.
And so here we are.
So, in my eyes, if we believe @Davidsmith, this delay is all down to Roland.10 -
Surely the majority of us never doubted that was the case ?Henry Irving said:
Now that is an interesting post.Davidsmith said:
Only Roland knows that, but he agreed a deal and said he would sort out those Loans without knowing what Ex Directors would say, unless he was told by one that they wouldn’t be a problem.ShootersHillGuru said:
So you are saying that it’s the Director loans that are holding this up ?Davidsmith said:
Their multi millionaires they don’t care and inflation is 2.4%, Rolands debt is rising too at the rate of at least £1mn a month he has been farting around with this deal for a year, that’s £12mn wasted he could have paid them off and be £5mn better off.Covered End said:
The directors loans don't rise, so the amount outstanding is reducing in real terms, as it is getting eroded by inflation.Scoham said:
The director loans don’t rise.nth london addick said:He owns the director debt AB but i don’t believe it risses yearly or does it
If he owns it and it does t increase annually he may as well ignore it as it’s not due for being paid unless he chooses too or we get promoted to prem
I honestly think we are all convinced that he will sell due to the losses
I don’t agree I think the bloke is vindictive and spiteful enough to just run us in the way he is currently until he finds someone like him who was willing to pay what Is deemed favourable and to ignore the directors debt until it’s due for paying
He won’t move unless the other parties come closer to his value or solution for the debt
Then guess what there was .
Roland agreed the deal, presumably with the Aussies.
Roland tells the Aussies he will deal the the £7m loans.
Roland then finds out the former directors won't play ball.
And so here we are.
So, in my eyes, if we believe @Davidsmith, this delay is all down to Roland.15 -
"Dickhead" and "Dogshit". I am not sure what's funnier, the names, or the fact I knew exactly whom they were referring to without hesitation.11
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No one has doubted who the delay is down too in the last 4 weeks or who is responsible for the shit state we find ourselves In
The delay is financial 100%
But there has to be a point where someone moves and it won’t be two shit cnut chalets
Or he would’ve done it by now
That leaves the buyers to either walk away or find a solution to resolve it or we wi just right off this season and more than likely give atleast a ten point start to every other club around us because our squad is not good enough or big enough to cope right now
If that happens they will have to be preapared for another season after this one in lge 1 or even if they want a lge 2 club
If the rumours are right and Murray is involved in the Brits interest he certainly won’t be rushing to do anything pre xmas when they can gauge the road ahead of them
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Quite a few, but yes a minority, have tried to put some or all of the blame on the Aussies.
You only have to read Golfies post to see the most extreme version of this but after the Fans Forums when LDT said the delay was down to EFL paperwork a lot of fingers were pointed at the convicts.1 -
Although not a recent attendee of the meetings, I can assure you that there were numerous times in the past 4+ years when the group was not told the truth, the whole truth & nothing but the truth.Henry Irving said:Quite a few, but yes a minority, have tried to put some or all of the blame on the Aussies.
You only have to read Golfies post to see the most extreme version of this but after the Fans Forums when LDT said the delay was down to EFL paperwork a lot of fingers were pointed at the convicts.
One of the reasons why I opted out.12 -
Depends how you interpret life failures. If your just talking about having loads of money fine but if your talking about treating people like human beings, having proper friends, not just hangers on then I think they are failures, my opinion that's all.ShootersHillGuru said:
Not sure either can be viewed as “life failures” to be honest.Hartleypete said:When will the fans realise there are only 2 villains here;
Dickhead because he really isn't interested in the club only his own ego. He has done deals with the devil to make sure he has a seat at the top table, the real Judas amongst the disciples.
Dogshit because he is only interested in ripping the arse out of the club to make money and prove to everybody how clever he is.
They are both failures both in Life general but In particular any thing football related, yes they have money but can only attract the hangers on and the incompetent misfits (you know the people I mean).
Good luck to anybody trying to deal with either of these losers.4 -
So you are saying the regime lie to fans? @Fanny FanackapanFanny Fanackapan said:
Although not a recent attendee of the meetings, I can assure you that there were numerous times in the past 4+ years when the group was not told the truth, the whole truth & nothing but the truth.Henry Irving said:Quite a few, but yes a minority, have tried to put some or all of the blame on the Aussies.
You only have to read Golfies post to see the most extreme version of this but after the Fans Forums when LDT said the delay was down to EFL paperwork a lot of fingers were pointed at the convicts.
One of the reasons why I opted out.
I find that hard to believe.4
