The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
Comments
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I'm not sure the value of the land where the club is located is especially relevant to the price. It's not as if The Valley is a prime location in Greenwich borough, and the club could be relocated to a cheaper part of the borough as has happened with clubs who've relocated from the centre of their towns to the outskirts0
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It's a moot point but what other cheap land is there available in Greenwich borough that a football club would be allowed to build a football ground on?killerandflash said:I'm not sure the value of the land where the club is located is especially relevant to the price. It's not as if The Valley is a prime location in Greenwich borough, and the club could be relocated to a cheaper part of the borough as has happened with clubs who've relocated from the centre of their towns to the outskirts
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Equally, as I asked further up the thread, how do they find more "investors" when football can be a notorious black hole when it comes to making profitsAFKABartram said:I still struggle to get my head around how anything that loses so much money (£5m+ a year) can be worth so much money.
Sure, there is the valuation of the assets, and the potential for increased income at the top of the game. I get that.
But I still don't know why anyone would pay such a premium for it unless it was part of a non-footballing commercial strategy that you would have a greater percentage chance of making the investment profitable.
With professional consortiums that have no emotional ties to their potential purchase, you know this is not am individual vanity or ego project, but on the basis of it being an investment they believe they will get a profitable return from (or their individual contribution is negligible enough to take a risk on).
And its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Madness.0 -
Been saying it all along...'Something is only worth what someone is willing to pay for it...AFKABartram said:Its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Is it not negative for fans to keep saying we're not worth this or that amount..?
To put it into perspective...I'd hazard a guess that if Joe Gomez came up for sale he'd go for around the same as the asking price for Charlton...
Prices for top quality players are currently going through the roof. Recent reports saying Everton are now looking to sell Ademola Lookman for £20m...Half a Charlton!
Depending where you stand anything can be summed up as expensive, but that's not what the current football market suggests, and if Muir & Co, or whoever can fulfill this great Clubs potential in the near future..."we're not worth it" may well look silly.
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Well said. Sports/entertainment is considered by some to be a market with plenty of growth still left in it.joeaddick said:
Been saying it all along...'Something is only worth what someone is willing to pay for it...AFKABartram said:Its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Is it not negative for fans to keep saying we're not worth this or that amount..?
To put it into perspective...I'd hazard a guess that if Joe Gomez came up for sale he'd go for around the same as the asking price for Charlton...
Prices for top quality players are currently going through the roof. Recent reports saying Everton are now looking to sell for Ademola Lookman £20m...Half a Charlton!
Depending where you stand anything can be summed up as expensive, but that's not what the current football market suggests, and if Muir & Co, or whoever can fulfill this great Clubs potential in the near future..."we're not worth it" may well look silly.
Remember the last time we crossed paths with Middlesbrough? (2-0 funeral march, pigs on the pitch) and look at the difference now, financially.
Most of the clubs in the Premier League are making good profits, despite fairly enormous overheads.
https://www.google.co.uk/amp/s/amp.theguardian.com/football/2018/jun/06/premier-league-finances-club-guide-2016-17
So it takes serious investment to reach the top division, but it can certainly pay dividends if you make it. And you can have fun along the way, which I suspect matters to the Aussies.
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I really can't think of any suitable sites. Even moving further out, there are no obvious locations, the way flat are rocketing up along the Thames past Woolwich, on any site availableHenry Irving said:
It's a moot point but what other cheap land is there available in Greenwich borough that a football club would be allowed to build a football ground on?killerandflash said:I'm not sure the value of the land where the club is located is especially relevant to the price. It's not as if The Valley is a prime location in Greenwich borough, and the club could be relocated to a cheaper part of the borough as has happened with clubs who've relocated from the centre of their towns to the outskirts
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Sunderland are fcuked then !JamesSeed said:
Well said. Sports/entertainment is considered by some to be a market with plenty of growth still left in it.joeaddick said:
Been saying it all along...'Something is only worth what someone is willing to pay for it...AFKABartram said:Its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Is it not negative for fans to keep saying we're not worth this or that amount..?
To put it into perspective...I'd hazard a guess that if Joe Gomez came up for sale he'd go for around the same as the asking price for Charlton...
Prices for top quality players are currently going through the roof. Recent reports saying Everton are now looking to sell for Ademola Lookman £20m...Half a Charlton!
Depending where you stand anything can be summed up as expensive, but that's not what the current football market suggests, and if Muir & Co, or whoever can fulfill this great Clubs potential in the near future..."we're not worth it" may well look silly.
Remember the last time we crossed paths with Middlesbrough? (2-0 funeral march, pigs on the pitch) and look at the difference now, financially.
Most of the clubs in the Premier League are making good profits, despite fairly enormous overheads.
https://www.google.co.uk/amp/s/amp.theguardian.com/football/2018/jun/06/premier-league-finances-club-guide-2016-17
So it takes serious investment to reach the top division, but it can certainly pay dividends if you make it. And you can have fun along the way, which I suspect matters to the Aussies.
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Maybe less so since the change of leader, but Greenwich's enthusiasm for property developments has been heavily influenced by the identity of the developer making the proposals. Economic, environmental, aesthetic and, let's face it, legal concerns routinely take a back seat to the issue the "royal borough" holds dearest.Airman Brown said:
I was very suspicious about the fact that RD included permission for residential accommodation in the training ground scheme. I'm also unpersuaded that the money he committed to the rugby ground site was only about securing better vehicle access to Footscray Road for CAFC facilities (when he himself had removed a new access at the back of the CAFC site from the original 2014 scheme). One conceivable explanation is that he was looking to open up the site for future residential applications. But it's really about changes in national planning policy. There have been a few rumours but I don't see Greenwich approving anything and it would get referred upwards anyway as a breach of local policy.TelMc32 said:
The same person who told me that the realistic price for Charlton was £20-25m, also always said that this was based on a property play. My understanding then was that this could have meant some sort of sale/development of excess land at the training ground (not a Valley/Peninsular swap).Covered End said:
The worth/value is mainly in the land. Here are the latest accounts.AFKABartram said:I still struggle to get my head around how anything that loses so much money (£5m+ a year) can be worth so much money.
Sure, there is the valuation of the assets, and the potential for increased income at the top of the game. I get that.
But I still don't know why anyone would pay such a premium for it unless it was part of a non-footballing commercial strategy that you would have a greater percentage chance of making the investment profitable.
With professional consortiums that have no emotional ties to their potential purchase, you know this is not am individual vanity or ego project, but on the basis of it being an investment they believe they will get a profitable return from (or their individual contribution is negligible enough to take a risk on).
And its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Madness.
Look at point 11 on page 25.
If I understand the accounts correctly the land is worth £41.5M.
RD had the land revalued upwards since ownership.
Whilst an owner may not be able to develop the land, the mere fact that it is in London will ensure that the value will continue to grow.
NB I believe one of the reasons RD bought Charlton without comprehensive due dilligence, was because he paid £14M + £4M as Charlton escaped relegation, knowing full well the value/increasing value of the land.
https://document-api-images-prod.s3.eu-west-1.amazonaws.com/docs/EeGU-LE8qxO5pknvnjnOUWS8-UWFb1LbhDhDU1XoESI/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAIZRXNPMEGUL4QIFQ/20180723/eu-west-1/s3/aws4_request&X-Amz-Date=20180723T111947Z&X-Amz-Expires=60&X-Amz-Security-Token=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&X-Amz-SignedHeaders=host&X-Amz-Signature=e6219781c0b0ee359e84145f6f8a882de91b7df562ad0660deb63802c8216876
My scepticism then was that the likelihood of getting planning permission was minimal (just look at how long the GAA grounds down the road have lain dormant). That said, the rules around planning have changed in the last couple of years and a development that delivers much needed homes may now get through ( @Airman Brown - does your council experience suggest that a housing development proposal may be viewed favourably?)
Cruise ship terminal anyone? "No justification for the onshore power supply, because cruise ships running their generators fulltime at the river's edge will create no issues." (to paraphrase)
Enderby Wharf through on the nod, unmodified, despite huge toxic atmospheric impact, widespread objection on both sides of the river and loud public reservations from the Mayor of London.
However valid our concerns, however strong the objections, however serious the local impact, however tiny the 'affordable' homes element, if the right developer submits the application RBG is as eager to please as a hungry puppy.
RBG in current form is absolutely not to be relied upon to uphold anything its residents hold dear.1 -
The link works fine for me.cafc-west said:
Would be interesting to take a look. Link expired though.Covered End said:
The worth/value is mainly in the land. Here are the latest accounts.AFKABartram said:I still struggle to get my head around how anything that loses so much money (£5m+ a year) can be worth so much money.
Sure, there is the valuation of the assets, and the potential for increased income at the top of the game. I get that.
But I still don't know why anyone would pay such a premium for it unless it was part of a non-footballing commercial strategy that you would have a greater percentage chance of making the investment profitable.
With professional consortiums that have no emotional ties to their potential purchase, you know this is not am individual vanity or ego project, but on the basis of it being an investment they believe they will get a profitable return from (or their individual contribution is negligible enough to take a risk on).
And its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Madness.
Look at point 11 on page 25.
If I understand the accounts correctly the land is worth £41.5M.
RD had the land revalued upwards since ownership.
Whilst an owner may not be able to develop the land, the mere fact that it is in London will ensure that the value will continue to grow.
NB I believe one of the reasons RD bought Charlton without comprehensive due dilligence, was because he paid £14M + £4M as Charlton escaped relegation, knowing full well the value/increasing value of the land.
https://document-api-images-prod.s3.eu-west-1.amazonaws.com/docs/EeGU-LE8qxO5pknvnjnOUWS8-UWFb1LbhDhDU1XoESI/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAIZRXNPMEGUL4QIFQ/20180723/eu-west-1/s3/aws4_request&X-Amz-Date=20180723T111947Z&X-Amz-Expires=60&X-Amz-Security-Token=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&X-Amz-SignedHeaders=host&X-Amz-Signature=e6219781c0b0ee359e84145f6f8a882de91b7df562ad0660deb63802c82168760 -
Roland Island between the Thames Barrier and the Woolwich Ferry.Henry Irving said:
It's a moot point but what other cheap land is there available in Greenwich borough that a football club would be allowed to build a football ground on?killerandflash said:I'm not sure the value of the land where the club is located is especially relevant to the price. It's not as if The Valley is a prime location in Greenwich borough, and the club could be relocated to a cheaper part of the borough as has happened with clubs who've relocated from the centre of their towns to the outskirts
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Sponsored links:
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Cafc43v3r said:
The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Airman, whilst I do have some accounts qualifications, I'm far from an expert.Airman Brown said:
Indeed. That's the basis of the valuation.Cafc43v3r said:The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Please can you explain the value of The Valley plus Sparrows Lane in the accounts ?
I ask because you say the land is worth nothing.
Yet you then say you suspect RD had the land revalued to justify an increase in the sale price.
I'm fully aware that if the land can't be developed there is a question as to does it have a value.
But what is the book value of the land in the accounts ?
Thanks.0 -
Have tried again. Am at work - "Access Denied".... will try at home.Covered End said:
The link works fine for me.cafc-west said:
Would be interesting to take a look. Link expired though.Covered End said:
The worth/value is mainly in the land. Here are the latest accounts.AFKABartram said:I still struggle to get my head around how anything that loses so much money (£5m+ a year) can be worth so much money.
Sure, there is the valuation of the assets, and the potential for increased income at the top of the game. I get that.
But I still don't know why anyone would pay such a premium for it unless it was part of a non-footballing commercial strategy that you would have a greater percentage chance of making the investment profitable.
With professional consortiums that have no emotional ties to their potential purchase, you know this is not am individual vanity or ego project, but on the basis of it being an investment they believe they will get a profitable return from (or their individual contribution is negligible enough to take a risk on).
And its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Madness.
Look at point 11 on page 25.
If I understand the accounts correctly the land is worth £41.5M.
RD had the land revalued upwards since ownership.
Whilst an owner may not be able to develop the land, the mere fact that it is in London will ensure that the value will continue to grow.
NB I believe one of the reasons RD bought Charlton without comprehensive due dilligence, was because he paid £14M + £4M as Charlton escaped relegation, knowing full well the value/increasing value of the land.
https://document-api-images-prod.s3.eu-west-1.amazonaws.com/docs/EeGU-LE8qxO5pknvnjnOUWS8-UWFb1LbhDhDU1XoESI/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAIZRXNPMEGUL4QIFQ/20180723/eu-west-1/s3/aws4_request&X-Amz-Date=20180723T111947Z&X-Amz-Expires=60&X-Amz-Security-Token=FQoDYXdzEFkaDLXq/V761FKutP2fwSK3AyvEZwFGRqgKRWFSsxKg4Z0Stwifo+wkiUAaYcK6IsgajPLGGhmWVSM9hBw7qpimu1oSnPB3+3NYrN4+nPxVsd23ovzKz5h6kJG+ktdQJeft6AphAhDkzGP9eXSh/IoT01A/Ux7pv3EP0DNdYLwfBmal8clRzUAdfH/Ooh/9Wscjxg7f9+JAeE7gjyPLkghVq/jOAeB9tH4+jD9zOTSJvEMGoC6sBMAupyOKcgZryoPCdBvUy8WXZ9FL/P/1Ej6PssVh0nuu2Cgp0XjbNovs7OJorf2QjxQvEnKnvxdguoYxAviqvz+rN+eQxRd9ryATHIbvQRx+ePeY0W69bAvPsGSBu7x0/pDNMvsKh3tmZE2pYpTRt7pvHyHJHB2L3fGT6VgcMZumg8vSvT1hi0S0HUwTQkc8gNRmm+z+CdKFvEpnkIykf9QjTOBYWl0kijImZR4+OLdrebxOGB7QNER8mC7kvm4revaqN0puB7d/mOc2OblrDh70eP6x+hK4CrILaJhNFNMxWduAQZd+l4Ev2v2E8jepTkBV1DkYjsKyqH2pspcfenj4sEuR8nraFojmGi68eEHEsF8o4ozW2gU=&X-Amz-SignedHeaders=host&X-Amz-Signature=e6219781c0b0ee359e84145f6f8a882de91b7df562ad0660deb63802c8216876
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I wasn’t agreeing it was worth nothing. I was agreeing that it is valued for its current use, not some hypothetical other use.Covered End said:Cafc43v3r said:The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Airman, whilst I do have some accounts qualifications, I'm far from an expert.Airman Brown said:
Indeed. That's the basis of the valuation.Cafc43v3r said:The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Please can you explain the value of The Valley plus Sparrows Lane in the accounts ?
I ask because you say the land is worth nothing.
Yet you then say you suspect RD had the land revalued to justify an increase in the sale price.
I'm fully aware that if the land can't be developed there is a question as to does it have a value.
But what is the book value of the land in the accounts ?
Thanks.0 -
Yes, but do you or anyone understand the accounts better than me ?Airman Brown said:
I wasn’t agreeing it was worth nothing. I was agreeing that it is valued for its current use, not some hypothetical other use.Covered End said:Cafc43v3r said:The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Airman, whilst I do have some accounts qualifications, I'm far from an expert.Airman Brown said:
Indeed. That's the basis of the valuation.Cafc43v3r said:The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Please can you explain the value of The Valley plus Sparrows Lane in the accounts ?
I ask because you say the land is worth nothing.
Yet you then say you suspect RD had the land revalued to justify an increase in the sale price.
I'm fully aware that if the land can't be developed there is a question as to does it have a value.
But what is the book value of the land in the accounts ?
Thanks.
What is the value of the leaseholds is it £41M/42M as I said or am I wrong ?
I'm confused re the value at cost and the second valuation.
The net book value is £41M, which means the land has a value of £41M, doesn't it ?
If the land has a £41M value, then is this not why RD can set the asking price so high ?
Ok, so a new owner may not be able to develop said land, but as the value increases, when they sell they can get their money back, plus a profit in relation to the land value ?
I'm more than happy to be told I'm talking nonsense. I'm looking for an understanding.0 -
PWR (or at least going back over the last few pages) - it’s not just the land, there’s also the little matter of a football franchise which basically could probably be sold separately and relocated elsewhere in the country by a new ownerCovered End said:
Yes, but do you or anyone understand the accounts better than me ?Airman Brown said:
I wasn’t agreeing it was worth nothing. I was agreeing that it is valued for its current use, not some hypothetical other use.Covered End said:Cafc43v3r said:The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Airman, whilst I do have some accounts qualifications, I'm far from an expert.Airman Brown said:
Indeed. That's the basis of the valuation.Cafc43v3r said:The land is worth nothing if you can't build on it. Unless you want it as a football stadium for another team.
Please can you explain the value of The Valley plus Sparrows Lane in the accounts ?
I ask because you say the land is worth nothing.
Yet you then say you suspect RD had the land revalued to justify an increase in the sale price.
I'm fully aware that if the land can't be developed there is a question as to does it have a value.
But what is the book value of the land in the accounts ?
Thanks.
What is the value of the leaseholds is it £41M/42M as I said or am I wrong ?
I'm confused re the value at cost and the second valuation.
The net book value is £41M, which means the land has a value of £41M, doesn't it ?
If the land has a £41M value, then is this not why RD can set the asking price so high ?
Ok, so a new owner may not be able to develop said land, but as the value increases, when they sell they can get their money back, plus a profit in relation to the land value ?
I'm more than happy to be told I'm talking nonsense. I'm looking for an understanding.
The Aussies are getting a bargain...4 -
Any business person investing in football at any level is questionable.
You don’t make easy money from football.
You invest because you either care, want the profile or believe you know better than anyone else.
We just have to be grateful someone is interested1 -
Hold on peeps we will be told what's happening mins after the Norwich game has ended ------ I mean some unknown twonk in cyber land told us it would and thinks in cyber land never talk bollox.
Good news --------no one in the squad got injured today3 -
It’s not happening is it, we’ve just got a load of navel gazing guess work on this thread now0
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Rothko said:
It’s not happening is it, we’ve just got a load of naval gazing guess work on this thread now
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joeaddick said:
Been saying it all along...'Something is only worth what someone is willing to pay for it...AFKABartram said:Its all very well saying that RD is unrealistic in his valuation. But if there are at least two parties that have been prepared to pay his valuation, then unfortunately he is not being unrealistic.
Is it not negative for fans to keep saying we're not worth this or that amount..?
To put it into perspective...I'd hazard a guess that if Joe Gomez came up for sale he'd go for around the same as the asking price for Charlton...
Prices for top quality players are currently going through the roof. Recent reports saying Everton are now looking to sell Ademola Lookman for £20m...Half a Charlton!
Depending where you stand anything can be summed up as expensive, but that's not what the current football market suggests, and if Muir & Co, or whoever can fulfill this great Clubs potential in the near future..."we're not worth it" may well look silly.
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Sponsored links:
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I heard some time back that Palace were looking for training facilities and that they wanted Sparrows Lane could it be possible for anyone owning us to sell just sparrows lane to them??0
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Nobertpalmer said:I heard some time back that Palace were looking for training facilities and that they wanted Sparrows Lane could it be possible for anyone owning us to sell just sparrows lane to them??
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You invest because you either care, want the profile or believe you know better than anyone else.
We know which one our Roly falls into.0 -
No I don’t I don’t think it will be done this seasonRothko said:So ITK types, do any of you think this will be done to give Bowyer time to do business in the transfer window?
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Eyes popped out of his head at the bargain, greedily rushed in.happyvalley said:
I also believe this as the daft old duffer seemed to acquire us very quickly suggesting his due diligence wasn't thorough enough.Cafc43v3r said:@ShootersHillGuru I have believed that there is some truth in "RD doesn't know what he bought from the spivs" for a while. It's one of a number of plusable causes of what information we do know.
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It was a bargain, the team was struggling in the championship but still had the spirit to be in the fa cup and just needed a boost which his network should have been able to give. Had he just said to SCP ‘here’s the list of players I’ve got, take your pick’ things would probably have turned out spectacularly well. Instead, it went pear shaped.Ferryman said:
Eyes popped out of his head at the bargain, greedily rushed in.happyvalley said:
I also believe this as the daft old duffer seemed to acquire us very quickly suggesting his due diligence wasn't thorough enough.Cafc43v3r said:@ShootersHillGuru I have believed that there is some truth in "RD doesn't know what he bought from the spivs" for a while. It's one of a number of plusable causes of what information we do know.
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New deadline - May 2019 or afternth london addick said:
No I don’t I don’t think it will be done this seasonRothko said:So ITK types, do any of you think this will be done to give Bowyer time to do business in the transfer window?
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Then Duchatelet will be buying a League 2 team.nth london addick said:
No I don’t I don’t think it will be done this seasonRothko said:So ITK types, do any of you think this will be done to give Bowyer time to do business in the transfer window?
Seriously.1 -
He’s selling the club to his son?se9addick said:
Then Duchatelet will be buying a League 2 team.nth london addick said:
No I don’t I don’t think it will be done this seasonRothko said:So ITK types, do any of you think this will be done to give Bowyer time to do business in the transfer window?
Seriously.2 -
Come on boys. It isn't that bad. Atleast wait until they announce how long Fosu is out for before we completely lose all hope.
I expect the reason we have heard nothing on the above is because the news is not good!
Can anyone here play on the wing?0
