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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
    Charlton are currently 9/1 to finish top half this season - I’ve stuck 20 on it, with. Bit of investment in January we could make up 6 points easy.
  • KiwiValley
    KiwiValley Posts: 3,378
    Chizz said:
    KiwiValley said:
    Cafc43v3r said:
    For people that can't see twitter we have, today, issued £21.5 worth of new shares.  What does that mean?  
    I’m no economist. But it seems clear that some sort of financial/economic activity is taking place. Probably to do with the club. I’d recommend getting that verified by someone else.
    Brilliant. I'll admit that I'm no economist either, but I think you might be right. Furthermore, I think the amount of economic activity involved could be somewhere around the £21m-£22m mark.
    Yes. Makes sense. The picture is coming into focus.
  • ForeverAddickted
    ForeverAddickted Posts: 94,288
    edited December 2019
    Cafc43v3r said:
    KiwiValley said:
    Cafc43v3r said:
    For people that can't see twitter we have, today, issued £21.5 worth of new shares.  What does that mean?  
    I’m no economist. But it seems clear that some sort of financial/economic activity is taking place. Probably to do with the club. I’d recommend getting that verified by someone else.
    It's from Companies House mate, who do you want to verify it? The Queen? 
    Well if your on speaking terms why didnt you get her to buy the club!!... Sod the EFL and their conflict of interest
  • Henry Irving
    Henry Irving Posts: 85,203
    7.6m views

    Will hit 8m by 30th when the takeover is announced.
  • RedChaser
    RedChaser Posts: 19,885
    edited December 2019
    SoundAsa£ said:
    killerandflash said:
    Alwaysneil said:
    What a miserable bunch Charlton fans can be. 

    Let is be clear, there is a potential chairman who used to be a football agent and has, as one might expect, decent PR skills and a desire to do well for himself financially.

    The primary investment vehicle is run by the man who runs the private family office of one of the six ruling families of an oil state. His job is to diversify the oil money into long term investments that are successful reputationally and financially.

    I’m sure he may have had some failures along the way but I am also sure he is not where he is by having failed often.

    Let’s just hope we get rid of Duchatelet soon and then if there are issues with the new plans, let us engage with the new owners at an appropriate time with any concerns.

    I would not expect any regime to be perfect. Anyone who does probably needs to visit their doctor. 

    At the end of the day why would ANYONE buy a Championship football club, a division where clubs make horrible losses?

    There are a TINY number of owners who happen to be be fabulously rich AND genuinely support the club, but the rest of the them are doing it for more complicated motives, whether ego, personal or national prestige, politics, the desire to tap the PL money bucket etc.  That is the reality of modern day football, and unless you can find a local billionaire who stood on the Covered End in his youth, the only likely option for a new owner.
    I came pretty close on a couple of occasions..............but sadly no cigar! :'(
    Damn! No point brown nosing to you anymore then mate 😉.
  • Bedsaddick
    Bedsaddick Posts: 24,722
    flyingkiwiDK said:
    ForeverAddickted said:
    Way to bypass FFP so we've effectively got £21.5m to spend in January?
    Beat me to it. Looks like we’ll have a £21.5m war chest to spend in January (or is that wishful thinking?)
    I love your optimism!
  • cafcfan
    cafcfan Posts: 11,198
    edited December 2019
    Very close to the rounded amount shown in the last published accounts under "revaluation reserve".  So it's been switched to called-up shares with no actual dosh changing hands would be my guess.
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    Would £21 ish million be the £18 ish million Roland paid for the club?  If you include interest?

    But you wouldn't issue shares, you would transfer them.  Is it the last 3 years losses?  It would sound about right once the Lookman money is accounted for.

    This is "unique". 
  • blackpool72
    blackpool72 Posts: 23,664
    Love buying shares in Charlton. 
    The last time I bought some I made. 




    A fuckin total loss 
  • CAFCsayer
    CAFCsayer Posts: 10,222
    21.5 new shares and 26.5 total... Who has 5million quids worth of shares still? 
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  • Cardinal Sin
    Cardinal Sin Posts: 5,233
    blackpool72 said:
    Love buying shares in Charlton. 
    The last time I bought some I made. 




    A fuckin total loss 
    You must have bought on the same day I did. Never wanted my money back but having my tiny share cancelled didn't seem right.
  • Thommo
    Thommo Posts: 1,438
    Odds on Roly converting loans to shares to simplify sale.
  • LargeAddick
    LargeAddick Posts: 32,552
    Sorry, how do we know the shares are £ each, couldn’t it be a penny, or ten pounds etc?
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    Intresting that before today there were only 5 million shares, now there are 26 million. 

    So who ever got these shares owns about 80% of the club? 
  • blackpool72
    blackpool72 Posts: 23,664
    Cardinal Sin said:
    blackpool72 said:
    Love buying shares in Charlton. 
    The last time I bought some I made. 




    A fuckin total loss 
    You must have bought on the same day I did. Never wanted my money back but having my tiny share cancelled didn't seem right.
    300 quid.
    Quite a lot of money to me in those days. 
    Some of my mates lost a fair bit more. 
    The things we do for our club.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Anyone know what this bottom bit might mean (Administrator, Administrative Receiver ect.)? -


  • Mal
    Mal Posts: 616
    edited December 2019
    I think that's what Roland got for re-cycling those plastic pigs we threw on the pitch.
  • flyingkiwiDK
    flyingkiwiDK Posts: 5,722
    CAFCsayer said:
    21.5 new shares and 26.5 total... Who has 5million quids worth of shares still? 
    RM
  • KiwiValley
    KiwiValley Posts: 3,378
    Cafc43v3r said:
    KiwiValley said:
    Cafc43v3r said:
    For people that can't see twitter we have, today, issued £21.5 worth of new shares.  What does that mean?  
    I’m no economist. But it seems clear that some sort of financial/economic activity is taking place. Probably to do with the club. I’d recommend getting that verified by someone else.
    It's from Companies House mate, who do you want to verify it? The Queen? 
    It is with greAt pleasure that I say.... Whoosh!
  • Harry Gregory
    Harry Gregory Posts: 869
    It is a way of spending money or a way of not spending money. Is it good or is it bad? I don't care much because I much more prefer all this mob to the last two lots, maybe wrong but doubt it.
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  • Athletico Charlton
    Athletico Charlton Posts: 14,272
    edited December 2019
    Thommo said:
    Odds on Roly converting loans to shares to simplify sale.
    I am no accountant but surely you would rather your loan is repaid through the sale rather than equity as it would be better from a tax perspective I would have thought?
  • blackpool72
    blackpool72 Posts: 23,664
    Harry Gregory said:
    It is a way of spending money or a way of not spending money. Is it good or is it bad? I don't care much because I much more prefer all this mob to the last two lots, maybe wrong but doubt it.
    Agreed. 
    How are you anyway mate. 
    All ok I hope 
  • Rossman92
    Rossman92 Posts: 3,650
    i_b_b_o_r_g said:
    Anyone know what this bottom bit might mean (Administrator, Administrative Receiver ect.)? -


    Would assume that to be the club secretary, so Chris Parkes?
  • Addicktion
    Addicktion Posts: 384
    i_b_b_o_r_g said:
    Anyone know what this bottom bit might mean (Administrator, Administrative Receiver ect.)? -


    Nothing to be worried about if that's what you're thinking. Just one of those bits on a doc to show it was filed legitimately. Was most likely filed by a director or secretary.
  • Athletico Charlton
    Athletico Charlton Posts: 14,272
    Maybe it has been done to create one share for each member of our new consortium and each individual in Abu Dhabi will be gifted a share for Xmas with us run on a voting basis by shareholders so pick the team etc just like Ebbsfleet were and that is what Bowyer thought was strange.

    (Joke)
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    i_b_b_o_r_g said:
    Anyone know what this bottom bit might mean (Administrator, Administrative Receiver ect.)? -


    It's just a list of people that "could have" filed it.  It's 1 of, not all of them. 
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    Rossman92 said:
    i_b_b_o_r_g said:
    Anyone know what this bottom bit might mean (Administrator, Administrative Receiver ect.)? -


    Would assume that to be the club secretary, so Chris Parkes?
    Is Parkes not "just" the football secretary, not the company sec? 
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    Cafc43v3r said:
    i_b_b_o_r_g said:
    Anyone know what this bottom bit might mean (Administrator, Administrative Receiver ect.)? -


    It's just a list of people that "could have" filed it.  It's 1 of, not all of them. 
    Take a stab in the dark and guess Director then
  • Harry Gregory
    Harry Gregory Posts: 869
    blackpool72 said:
    Harry Gregory said:
    It is a way of spending money or a way of not spending money. Is it good or is it bad? I don't care much because I much more prefer all this mob to the last two lots, maybe wrong but doubt it.
    Agreed. 
    How are you anyway mate. 
    All ok I hope 
    All good Stevey Boy, anytime you are down this way then let me know.
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