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CAST Interview with Southall published

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Comments

  • Davo55
    Davo55 Posts: 7,836
    Can someone just ask Matt on Twitter, ‘have you or have you not at this moment in time purchased the freehold of The Valley’ ... simples.
    I asked him a couple of hours ago.
    No reply as yet.
    He hasn’t responded to me either. But he did “like” someone’s reply of “ Not realy any issue if they are buying the rest in the future.”

    Perhaps not. If. But it doesn’t address the issue of why he originally stated ESI owned the Valley. And it kind of ignores the glaring issue of what happens if the purchase of the assets doesn’t happen for some reason. We don’t know what the terms of the lease/rent may be in those circumstances but under that scenario Duchatelet continues to be an unwelcome and potentially dangerous presence at our club. 
  • T_C_E
    T_C_E Posts: 16,421
    If I had to guess I’d suggest he’s up in the air at the moment on the way back from his meeting. Getting his nut down and not reading Twitter. 
    (Just a guess though) 😉
  • golfaddick
    golfaddick Posts: 33,629
    edited January 2020
    It goes back to what started me getting jittery. ESI have said they have done it this way because the January window is so vital. Well so far, the January window has been a bit of a disaster - 15 days into it. If they wanted control to improve the playing side, surely we need to see that happening before we can fully relax. As of now, LB and LT have yet to agree contracts, we have lost CG and brought in one loan player.
    This. I can understand ESI being short on time leading up to the transfer window & wanting to make sure the playing side of things was properly sorted during January. 

    But actions speak louder than words.

    They said at the end of November that their first priority upon taking over would be tying LB & LT down to new contracts as well as trying to purchase Cullen. You would have thought that they would have spoken to their agents & pretty much nailed them down so on Jan 2nd they were ready to be signed. 2 weeks later and we are no further forward....in fact going backwards with the loss of Gallagher.

    Then there are mutterings about Maddison not happy with the contract he's been offered & not offering a playing an extra £1k per week. 

    Seriously minted ........you're having a bubble.
  • It goes back to what started me getting jittery. ESI have said they have done it this way because the January window is so vital. Well so far, the January window has been a bit of a disaster - 15 days into it. If they wanted control to improve the playing side, surely we need to see that happening before we can fully relax. As of now, LB and LT have yet to agree contracts, we have lost CG and brought in one loan player.
    This. I can understand ESI being short on time leading up to the transfer window & wanting to make sure the playing side of things was properly sorted during January. 

    But actions speak louder than words.

    They said at the end of November that their first priority upon taking over would be tying LB & LT down to new contracts as well as trying to purchase Cullen. You would have thought that they would have spoken to their agents & pretty much nailed them down so on Jan 2nd they were ready to be signed. 2 weeks later and we are no further forward....in fact going backwards with the loss of Gallagher.

    Then there are mutterings about Maddison not happy with the contract he's been offered & not offering a playing an extra £1k per week. 

    Seriously minted ........you're having a bubble.

    Plus when Southall was pictured on twitter/whatever with the Peterborough chairman, he said he was there for coffee and NOT transfer talks.

    There seems to be more holes in what he says than there are in my socks.
  • Hartleypete
    Hartleypete Posts: 4,699
    We own the Valley, well actually a 6 month lease.

    Slippery.

  • The interview was given last saturday ,4 days ago and the fans have now been told.

    Things are now not straight forward as we first thought.


  • Gillis
    Gillis Posts: 998
    It goes back to what started me getting jittery. ESI have said they have done it this way because the January window is so vital. Well so far, the January window has been a bit of a disaster - 15 days into it. If they wanted control to improve the playing side, surely we need to see that happening before we can fully relax. As of now, LB and LT have yet to agree contracts, we have lost CG and brought in one loan player.
    This. I can understand ESI being short on time leading up to the transfer window & wanting to make sure the playing side of things was properly sorted during January. 

    But actions speak louder than words.

    They said at the end of November that their first priority upon taking over would be tying LB & LT down to new contracts as well as trying to purchase Cullen. You would have thought that they would have spoken to their agents & pretty much nailed them down so on Jan 2nd they were ready to be signed. 2 weeks later and we are no further forward....in fact going backwards with the loss of Gallagher.

    Then there are mutterings about Maddison not happy with the contract he's been offered & not offering a playing an extra £1k per week. 

    Seriously minted ........you're having a bubble.

    Plus when Southall was pictured on twitter/whatever with the Peterborough chairman, he said he was there for coffee and NOT transfer talks.

    There seems to be more holes in what he says than there are in my socks.
    Wasn't it the Peterborough chairman that said that, not Southall?
  • razil
    razil Posts: 15,041
    razil said:
    Does this mean they could have paid precisely zero for the privilege?
    Even so RD and EFL must have seen proof of funds no?
    If it’s breaking even what funds would they have to prove?
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    razil said:
    razil said:
    Does this mean they could have paid precisely zero for the privilege?
    Even so RD and EFL must have seen proof of funds no?
    If it’s breaking even what funds would they have to prove?
    Don't they need to prove that they have the funds to subsidize the Club, if needed, under certain circumstances? Just asking
  • MuttleyCAFC
    MuttleyCAFC Posts: 47,730
    Isn't that what we were told was the reason for the delay?
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  • Isn't that what we were told was the reason for the delay?
    Wasn’t the delay due to ensuring we were not being bought by the same family that own Man City?
  • If he uses the phrase "we are aiming to be competitive" the petrol cans come out of retirement .

    Monday --- no news re Bowyer signing contract or Maddison signing
    Tuesday -- We loose Connor
    Wednesday -- We find the "owners" don't own The Valley

    Thursday -- we sign Roger Johnson
    Friday--Taylor signs for Millwall
    Saturday -- We loose 6 nil to Preston ,but try hard
    Sunday --- His Excellency informs us he isn't minted and it's all a spoof from Belgian TV channel owned by RD


    Nothing nothing is ever fecking simple with CAFC.
    Craig David’s version was better
  • Redrobo
    Redrobo Posts: 11,330
    Lovely reading.

    The shop should start selling mops, washing tablets and talcum powder. They would make a killing from all those wetting themselves.
  • LenGlover
    LenGlover Posts: 31,656
    I did wonder about Roland's comment when the takeover was announced. 'Enjoy the moment' I thought that was strange perhaps we are now finding out why.
  • charltonbob
    charltonbob Posts: 8,259
    Haven’t we been through all this with ESI wanting to take control of all footballing matters in Jan, so an agreement has been written up re legal ownership to be done in due course?
    I think the confusion has been caused by MS saying last week they have purchased the footballing side and The Valley and they have a legal obligation to purchase the Training Ground in six months.

    Today's news appears to show that they have not purchased The Valley though? 
    Confusion ? He's lied simple as 
  • charltonbob
    charltonbob Posts: 8,259
    Isn't that what we were told was the reason for the delay?
    Wasn’t the delay due to ensuring we were not being bought by the same family that own Man City?
    HaHa well i don't think that there's any doubt of that.

    Are the Aussies still trying to find some people with money ?
  • ct_addick
    ct_addick Posts: 4,333
    Lots of red flags here for me ! ESI do not own the Valley or Training ground. While he may have been an agent MS has no experience running a football club. Backing out of deals for 1k quid a week. Maddison reportedly not happy with contract offered and let they Conor walk away probably because Chelsea asked for more money. Doesn't sound like a lot of money floating around. 
  • oohaahmortimer
    oohaahmortimer Posts: 34,149
    edited January 2020
    5 months since they became interested end of August .
    All the searches and due diligence on purchase of Sparrows Lane and The Valley would be done by solicitors and surveyors that would I’m certain not be involved in the footballing side , as in anything that would clash with the January footballing window and signing up our management team.
    So hurry up and get it done !
    It becomes easier if they don’t have to do too many checks on the building infrastructure due to looking to re build like at Sparrows Lane with permission already given .
    Surely having done their homework  they would know the importance of The Valley to this Club and fans and would know 100% where we are at and not be making this as mixed up as they have .
    Simple honesty from the start .

    Show me the money ......




  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    Slightly off topic, but it's relevant as it's something Mr Southall said. 

    The £15 million investment for the training ground, on the prevision that they actually end up buying it.  How much where the grants worth that RD decided he didn't want or need and he would pay for it himself?

    I seem to remember that the original planes were largely paid for by grants.  I am probably wrong but thought it was worth thinking about. 
  • Henry Irving
    Henry Irving Posts: 85,228
    Cafc43v3r said:
    Slightly off topic, but it's relevant as it's something Mr Southall said. 

    The £15 million investment for the training ground, on the prevision that they actually end up buying it.  How much where the grants worth that RD decided he didn't want or need and he would pay for it himself?

    I seem to remember that the original planes were largely paid for by grants.  I am probably wrong but thought it was worth thinking about. 
    Approx £6m but unlikely they are still available in the same form and would require a much higher integration with the Community Trust
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  • Brilliant article @Weegie Addick
  • soapboxsam
    soapboxsam Posts: 23,231
    Davo55 said:
    It is a bit worrying that they have not yet bought the Valley.

    But it is massively worrying that they said they had, but haven't. Could just be a mistake, but it's a big one.

    This is the main issue for me.