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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • Covered_End_Lad
    Covered_End_Lad Posts: 5,725
    DOUCHER said:

    The situation is ongoing. Price is agreed, the deal has stalled as there is a hole in the funds the aussies need to fund the club going forwards. The deal hasn't collapsed but won't complete until this hole has been filled by new investors.

    Wow thanks!
  • CL_Phantom
    CL_Phantom Posts: 5,513
    Just seen Elvis.....
  • _MrDick
    _MrDick Posts: 13,107
    SoundAsa£ said:

    _MrDick said:

    I just wish the Aussies would put us all out of our misery and make an official announcement that it's off.

    So we can carry on with another kind of misery.
    Absolutely ... We're Charlton and a life of misery has been bestowed upon us. Who wants to be happy by supporting teams like United, City and Liverpool
  • letthegoodtimesroll
    letthegoodtimesroll Posts: 10,619
    .
    CL_Phantom said:

    Just seen Elvis.....

    Tell him if he wants to buy a football club he can have one for the money...
  • SheffieldRed
    SheffieldRed Posts: 3,772
    CL_Phantom said:

    Just seen Elvis.....

    When he saw what Roland wanted for the club, he was all shook up
  • letthegoodtimesroll
    letthegoodtimesroll Posts: 10,619
    CL_Phantom said:

    Just seen Elvis.....

    letthegoodtimesroll said:

    .

    CL_Phantom said:

    Just seen Elvis.....

    Tell him if he wants to buy a football club he can have one for the money...
    But it’s now or never...
  • Henry Irving
    Henry Irving Posts: 85,222
    SheffieldRed said:

    CL_Phantom said:

    Just seen Elvis.....

    When he saw what Roland wanted for the club, he was all shook up
    After meeting with Duchatelet Elvis and his advisors all had suspicious minds
  • Covered End
    Covered End Posts: 52,006
    SoundAsa£ said:

    _MrDick said:

    I just wish the Aussies would put us all out of our misery and make an official announcement that it's off.

    So we can carry on with another kind of misery.
    Yes. We need to focus our misery and at the moment it's difficult to do so :smile:
  • NorthheathAddick
    NorthheathAddick Posts: 4,018
    CL_Phantom said:

    Just seen Elvis.....

    Was he working down the chip shop...


    (Sorting them into portion's of 14)
  • DessieValley
    DessieValley Posts: 340
    With Roland we are caught in a trap, there's no way back, but I love Charlton too much baby
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  • Covered End
    Covered End Posts: 52,006
    DOUCHER said:

    The situation is ongoing. Price is agreed, the deal has stalled as there is a hole in the funds the aussies need to fund the club going forwards. The deal hasn't collapsed but won't complete until this hole has been filled by new investors.

    We can all read this thread thanks :smile:
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    ShootersHillGuru said:

    Interesting coincidence ? Not connected ? insignificant but definitely not bollocks.

    Knight Dragon the owners of most of the undeveloped land on the peninsula are currently looking to build 15k homes, commercial units on land near the O2.

    The proposal to build an “arena” on the site was shelved a couple of years ago. It’s been taken off the shelf and being dusted down so I’m told. Doesn’t mean that it’s going to happen of course or it’s connected to CAFC but it’s definitely not gone away completely just yet.

    ShootersHillGuru said:

    SomervilleAddick said:

    ShootersHillGuru said:

    Interesting coincidence ? Not connected ? insignificant but definitely not bollocks.

    Knight Dragon the owners of most of the undeveloped land on the peninsula are currently looking to build 15k homes, commercial units on land near the O2.

    The proposal to build an “arena” on the site was shelved a couple of years ago. It’s been taken off the shelf and being dusted down so I’m told. Doesn’t mean that it’s going to happen of course or it’s connected to CAFC but it’s definitely not gone away completely just yet.

    I don’t get why they would do that. I don’t see how putting a football stadium there would enhance the area. Now if an arena is a second music venue that brings in punters for more than 25 days a year, which adds foot traffic and makes the area attractive for other businesses, maybe.

    But I don’t think new football stadiums and new houses go together.
    I totally agree but nevertheless it is back on the agenda. To what extent I don’t know.

    I posted this in February 2018.

    Does this fit in with Salako comment and possible delays ?

  • Covered End
    Covered End Posts: 52,006
    My theory -

    RD will sell to the highest bidder.

    The Aussies were the highest bidders.

    The Aussies may or may not have had the funds at any point.

    The Aussie funds in some way involved one or more parties that were not permitted under EFL rules.
    Whether this was due to being involved with another club or not.

    So why would they put in an application to the EFL, if they knew they were in breach of the rules ?
    Perhaps, after taking a year desperately trying to raise the funds, they decided that the EFL may not discover the issue they did, as money/owners are often hidden in holding companies and overseas companies etc etc.

    As an example look at the difficulties there were to determine who owned Charlton under the Jiminez, Slater, Cash regime.

    The EFL "disqualified" one or more investors. RD wouldn't take a price reduction, I can't say I blame him if the other party try and stitch him up at the last minute.

    RD says I'd rather lose let's say £5M - £10M this season than drop the price by the same figure to someone who is trying to stitch me up.

    RD then cuts the costs as much as possible and here we are .
  • nth_london_addick
    nth_london_addick Posts: 35,919
    I think your right and at the same time he will sell anything and anyone that has value to fund the day to day losses

    Asset stripping is not asset stripping if it’s covering running costs

    It feels like it is to us as fans but he is running it as a business and the sales are cash flow

    It sucks but I don’t see anything to fault in your post
  • ElfsborgAddick
    ElfsborgAddick Posts: 29,038
    DessieValley said:

    With Roland we are caught in a trap, there's no way back, but I love Charlton too much baby

    He should be shown the green door.
  • ElfsborgAddick
    ElfsborgAddick Posts: 29,038
    Oops, that was Shakin Stevens!
  • micks1950
    micks1950 Posts: 943
    Covered End said:

    My theory -

    RD will sell to the highest bidder.

    The Aussies were the highest bidders.

    The Aussies may or may not have had the funds at any point.

    The Aussie funds in some way involved one or more parties that were not permitted under EFL rules.
    Whether this was due to being involved with another club or not.

    So why would they put in an application to the EFL, if they knew they were in breach of the rules ?
    Perhaps, after taking a year desperately trying to raise the funds, they decided that the EFL may not discover the issue they did, as money/owners are often hidden in holding companies and overseas companies etc etc.

    As an example look at the difficulties there were to determine who owned Charlton under the Jiminez, Slater, Cash regime.

    The EFL "disqualified" one or more investors. RD wouldn't take a price reduction, I can't say I blame him if the other party try and stitch him up at the last minute.

    RD says I'd rather lose let's say £5M - £10M this season than drop the price by the same figure to someone who is trying to stitch me up.

    RD then cuts the costs as much as possible and here we are .

    Or alternatively if we go back to the cryptic comments from GM posted by JamesSeed 11 days ago on July 24th:

    GM anticipating ‘a difficult two weeks ahead’.

    But also that ‘it’ll all be worthwhile’.

    As the ‘two weeks’ mentioned by GM coincide with the end of the transfer window on August 9th, it would seem to be an improbable coincidence if he was referring to some other unrelated internal difficulty with the negotiations that involved ‘two weeks’?

    So is the ‘difficulty’ that the Aussies have accepted or agreed that Duchatelet can sell players during that ‘difficult’ two weeks; possibly either to cover his running costs while their search for further investors continues, or to fund his buyout of the ex-Directors’ loans in order to give the Aussies ‘clean title’, or perhaps even to give them a lower buying price by by being in a position to lease some of the assets to them?
  • carly burn
    carly burn Posts: 19,459
    micks1950 said:

    Covered End said:

    My theory -

    RD will sell to the highest bidder.

    The Aussies were the highest bidders.

    The Aussies may or may not have had the funds at any point.

    The Aussie funds in some way involved one or more parties that were not permitted under EFL rules.
    Whether this was due to being involved with another club or not.

    So why would they put in an application to the EFL, if they knew they were in breach of the rules ?
    Perhaps, after taking a year desperately trying to raise the funds, they decided that the EFL may not discover the issue they did, as money/owners are often hidden in holding companies and overseas companies etc etc.

    As an example look at the difficulties there were to determine who owned Charlton under the Jiminez, Slater, Cash regime.

    The EFL "disqualified" one or more investors. RD wouldn't take a price reduction, I can't say I blame him if the other party try and stitch him up at the last minute.

    RD says I'd rather lose let's say £5M - £10M this season than drop the price by the same figure to someone who is trying to stitch me up.

    RD then cuts the costs as much as possible and here we are .

    Or alternatively if we go back to the cryptic comments from GM posted by JamesSeed 11 days ago on July 24th:

    GM anticipating ‘a difficult two weeks ahead’.

    But also that ‘it’ll all be worthwhile’.

    As the ‘two weeks’ mentioned by GM coincide with the end of the transfer window on August 9th, it would seem to be an improbable coincidence if he was referring to some other unrelated internal difficulty with the negotiations that involved ‘two weeks’?

    So is the ‘difficulty’ that the Aussies have accepted or agreed that Duchatelet can sell players during that ‘difficult’ two weeks; possibly either to cover his running costs while their search for further investors continues, or to fund his buyout of the ex-Directors’ loans in order to give the Aussies ‘clean title’, or perhaps even to give them a lower buying price by by being in a position to lease some of the assets to them?
    I'd take whatever GM tells jamesSeed with a big pinch of salt.
  • micks1950
    micks1950 Posts: 943
    carly burn said:

    micks1950 said:

    Covered End said:

    My theory -

    RD will sell to the highest bidder.

    The Aussies were the highest bidders.

    The Aussies may or may not have had the funds at any point.

    The Aussie funds in some way involved one or more parties that were not permitted under EFL rules.
    Whether this was due to being involved with another club or not.

    So why would they put in an application to the EFL, if they knew they were in breach of the rules ?
    Perhaps, after taking a year desperately trying to raise the funds, they decided that the EFL may not discover the issue they did, as money/owners are often hidden in holding companies and overseas companies etc etc.

    As an example look at the difficulties there were to determine who owned Charlton under the Jiminez, Slater, Cash regime.

    The EFL "disqualified" one or more investors. RD wouldn't take a price reduction, I can't say I blame him if the other party try and stitch him up at the last minute.

    RD says I'd rather lose let's say £5M - £10M this season than drop the price by the same figure to someone who is trying to stitch me up.

    RD then cuts the costs as much as possible and here we are .

    Or alternatively if we go back to the cryptic comments from GM posted by JamesSeed 11 days ago on July 24th:

    GM anticipating ‘a difficult two weeks ahead’.

    But also that ‘it’ll all be worthwhile’.

    As the ‘two weeks’ mentioned by GM coincide with the end of the transfer window on August 9th, it would seem to be an improbable coincidence if he was referring to some other unrelated internal difficulty with the negotiations that involved ‘two weeks’?

    So is the ‘difficulty’ that the Aussies have accepted or agreed that Duchatelet can sell players during that ‘difficult’ two weeks; possibly either to cover his running costs while their search for further investors continues, or to fund his buyout of the ex-Directors’ loans in order to give the Aussies ‘clean title’, or perhaps even to give them a lower buying price by by being in a position to lease some of the assets to them?
    I'd take whatever GM tells jamesSeed with a big pinch of salt.
    Why?

    Granted he's not said much (presumably due to an NDA) - but then it's reasonable to assume that he's careful about what he does say?

    So why would he bother to say ‘a difficult two weeks ahead' when it would have been much easier to say 'Sorry nothing new to report'?
  • king addick
    king addick Posts: 3,701
    You can be the richest man and chuck money at a team and hope they do well but I think if there is no plan laid out then it will ultimately fail...if the Aussies get in then a steady plan is what we need.
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  • carly burn
    carly burn Posts: 19,459
    micks1950 said:

    carly burn said:

    micks1950 said:

    Covered End said:

    My theory -

    RD will sell to the highest bidder.

    The Aussies were the highest bidders.

    The Aussies may or may not have had the funds at any point.

    The Aussie funds in some way involved one or more parties that were not permitted under EFL rules.
    Whether this was due to being involved with another club or not.

    So why would they put in an application to the EFL, if they knew they were in breach of the rules ?
    Perhaps, after taking a year desperately trying to raise the funds, they decided that the EFL may not discover the issue they did, as money/owners are often hidden in holding companies and overseas companies etc etc.

    As an example look at the difficulties there were to determine who owned Charlton under the Jiminez, Slater, Cash regime.

    The EFL "disqualified" one or more investors. RD wouldn't take a price reduction, I can't say I blame him if the other party try and stitch him up at the last minute.

    RD says I'd rather lose let's say £5M - £10M this season than drop the price by the same figure to someone who is trying to stitch me up.

    RD then cuts the costs as much as possible and here we are .

    Or alternatively if we go back to the cryptic comments from GM posted by JamesSeed 11 days ago on July 24th:

    GM anticipating ‘a difficult two weeks ahead’.

    But also that ‘it’ll all be worthwhile’.

    As the ‘two weeks’ mentioned by GM coincide with the end of the transfer window on August 9th, it would seem to be an improbable coincidence if he was referring to some other unrelated internal difficulty with the negotiations that involved ‘two weeks’?

    So is the ‘difficulty’ that the Aussies have accepted or agreed that Duchatelet can sell players during that ‘difficult’ two weeks; possibly either to cover his running costs while their search for further investors continues, or to fund his buyout of the ex-Directors’ loans in order to give the Aussies ‘clean title’, or perhaps even to give them a lower buying price by by being in a position to lease some of the assets to them?
    I'd take whatever GM tells jamesSeed with a big pinch of salt.
    Why?

    Granted he's not said much (presumably due to an NDA) - but then it's reasonable to assume that he's careful about what he does say?

    So why would he bother to say ‘a difficult two weeks ahead' when it would have been much easier to say 'Sorry nothing new to report'?
    Who knows. Why would Murray come out and say it would be done in February/March?

    It's two groups trying to get their opposite number to blink.
  • A-R-T-H-U-R
    A-R-T-H-U-R Posts: 7,678
    All around my hat
    I will wear the green willow
    And all around my hat
    For a twelve month and a day
    And if anyone should ask me
    The reason why I'm wearing it
    It's all for my new owners
    Who're far far away

    As Steely Dan aptly predicted.
  • Valley27000
    Valley27000 Posts: 3,417
    Sell up Roland you Rat.
  • ken_shabby
    ken_shabby Posts: 6,256
    There is a certain logic to one side wanting to get their opinions/logic out where we can see it. We don't know what is going on but the idea we are being drip fed what tge Aussies want us to hear is not exactly unlikely.
  • JamesSeed
    JamesSeed Posts: 17,380
    carly burn said:

    micks1950 said:

    Covered End said:

    My theory -

    RD will sell to the highest bidder.

    The Aussies were the highest bidders.

    The Aussies may or may not have had the funds at any point.

    The Aussie funds in some way involved one or more parties that were not permitted under EFL rules.
    Whether this was due to being involved with another club or not.

    So why would they put in an application to the EFL, if they knew they were in breach of the rules ?
    Perhaps, after taking a year desperately trying to raise the funds, they decided that the EFL may not discover the issue they did, as money/owners are often hidden in holding companies and overseas companies etc etc.

    As an example look at the difficulties there were to determine who owned Charlton under the Jiminez, Slater, Cash regime.

    The EFL "disqualified" one or more investors. RD wouldn't take a price reduction, I can't say I blame him if the other party try and stitch him up at the last minute.

    RD says I'd rather lose let's say £5M - £10M this season than drop the price by the same figure to someone who is trying to stitch me up.

    RD then cuts the costs as much as possible and here we are .

    Or alternatively if we go back to the cryptic comments from GM posted by JamesSeed 11 days ago on July 24th:

    GM anticipating ‘a difficult two weeks ahead’.

    But also that ‘it’ll all be worthwhile’.

    As the ‘two weeks’ mentioned by GM coincide with the end of the transfer window on August 9th, it would seem to be an improbable coincidence if he was referring to some other unrelated internal difficulty with the negotiations that involved ‘two weeks’?

    So is the ‘difficulty’ that the Aussies have accepted or agreed that Duchatelet can sell players during that ‘difficult’ two weeks; possibly either to cover his running costs while their search for further investors continues, or to fund his buyout of the ex-Directors’ loans in order to give the Aussies ‘clean title’, or perhaps even to give them a lower buying price by by being in a position to lease some of the assets to them?
    I'd take whatever GM tells jamesSeed with a big pinch of salt.
    I would take anything @carly burn says with a bigger pinch of salt.
  • JamesSeed
    JamesSeed Posts: 17,380
    carly burn said:

    micks1950 said:

    carly burn said:

    micks1950 said:

    Covered End said:

    My theory -

    RD will sell to the highest bidder.

    The Aussies were the highest bidders.

    The Aussies may or may not have had the funds at any point.

    The Aussie funds in some way involved one or more parties that were not permitted under EFL rules.
    Whether this was due to being involved with another club or not.

    So why would they put in an application to the EFL, if they knew they were in breach of the rules ?
    Perhaps, after taking a year desperately trying to raise the funds, they decided that the EFL may not discover the issue they did, as money/owners are often hidden in holding companies and overseas companies etc etc.

    As an example look at the difficulties there were to determine who owned Charlton under the Jiminez, Slater, Cash regime.

    The EFL "disqualified" one or more investors. RD wouldn't take a price reduction, I can't say I blame him if the other party try and stitch him up at the last minute.

    RD says I'd rather lose let's say £5M - £10M this season than drop the price by the same figure to someone who is trying to stitch me up.

    RD then cuts the costs as much as possible and here we are .

    Or alternatively if we go back to the cryptic comments from GM posted by JamesSeed 11 days ago on July 24th:

    GM anticipating ‘a difficult two weeks ahead’.

    But also that ‘it’ll all be worthwhile’.

    As the ‘two weeks’ mentioned by GM coincide with the end of the transfer window on August 9th, it would seem to be an improbable coincidence if he was referring to some other unrelated internal difficulty with the negotiations that involved ‘two weeks’?

    So is the ‘difficulty’ that the Aussies have accepted or agreed that Duchatelet can sell players during that ‘difficult’ two weeks; possibly either to cover his running costs while their search for further investors continues, or to fund his buyout of the ex-Directors’ loans in order to give the Aussies ‘clean title’, or perhaps even to give them a lower buying price by by being in a position to lease some of the assets to them?
    I'd take whatever GM tells jamesSeed with a big pinch of salt.
    Why?

    Granted he's not said much (presumably due to an NDA) - but then it's reasonable to assume that he's careful about what he does say?

    So why would he bother to say ‘a difficult two weeks ahead' when it would have been much easier to say 'Sorry nothing new to report'?
    Who knows. Why would Murray come out and say it would be done in February/March?

    It's two groups trying to get their opposite number to blink.
    I bought a bloody inflatable kangaroo in February. I may want my money back.
  • Alwaysneil
    Alwaysneil Posts: 13,806
    Does the inflatable kangaroo have any special features by any chance? (Asking for a friend)
  • Solidgone
    Solidgone Posts: 10,208
    Alwaysneil said:

    Does the inflatable kangaroo have any special features by any chance? (Asking for a friend)

    If only it was a Welsh Consultium then we would really be talking (said a friend) ;o)
  • vff
    vff Posts: 6,881
    edited August 2018
    Todays game at Sunderland gives more weight that the club needs to be sold. Duchatelet will see Charlton into League 2. I appreciate the difficulties dealing with Roland Duchatelet and the interest is welcome but if the Aussies are not able to buy the club then they need to stand aside.
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