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Now's the time for Sandgaard to SELL UP
FAVADDICK
Posts: 584
Surly as charlton fans and what we have been through before, now is the time to stand up for our club once again, things can not carry on the way they are going because before long we will be playing league 2 football.
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Comments
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To who?
No one will want to pay him for a club without the ground.22 -
Just a reminder, it could be a lot, lot worse.
Who buys a club that is losing money without buying the ground?
TS is not doing great things, but we are also not an enticing proposition, which makes us very vulnerable to crooks and wrong 'uns. TS is at least keeping the lights on.23 -
Thomas just sell the club, to someone better, and fuck off. If its someone worse please stay.44
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Yeah time to sell up, it's that easy8
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CAST, get a survey sorted!Something official needs to be put across to the ownership2
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Time to give the club away. How can you sell us with no assets? But Sandgaard is only going to make himself look a bigger fool every day he stays here.0
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To who?!?! We were up for sale for years under Roland. We basically operate at a permanent loss of millions of pounds and the ground wouldn't be a part of the sale.Gribbo said:Yeah time to sell up, it's that easy
Even if he sold it for one pound, how many people do you think are out there wanting to sink five million quid into a business every year with no clear path at recouping that money, and with all the chances in the world of those finances getting worse?
I'm not a fan of TS, but I feel like people need to understand that he serves the purposes of keeping the club afloat. That is not something that is guaranteed.17 -
Do you think I was being serious then?SDAddick said:
To who?!?! We were up for sale for years under Roland. We basically operate at a permanent loss of millions of pounds and the ground wouldn't be a part of the sale.Gribbo said:Yeah time to sell up, it's that easy
Even if he sold it for one pound, how many people do you think are out there wanting to sink five million quid into a business every year with no clear path at recouping that money, and with all the chances in the world of those finances getting worse?
I'm not a fan of TS, but I feel like people need to understand that he serves the purposes of keeping the club afloat. That is not something that is guaranteed.5 -
Eh sorry, it's still early here.Gribbo said:
Do you think I was being serious then?SDAddick said:
To who?!?! We were up for sale for years under Roland. We basically operate at a permanent loss of millions of pounds and the ground wouldn't be a part of the sale.Gribbo said:Yeah time to sell up, it's that easy
Even if he sold it for one pound, how many people do you think are out there wanting to sink five million quid into a business every year with no clear path at recouping that money, and with all the chances in the world of those finances getting worse?
I'm not a fan of TS, but I feel like people need to understand that he serves the purposes of keeping the club afloat. That is not something that is guaranteed.0 -
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The world's full of fuckwits, he must have someone lined up?0
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ITTV recon there’s multiple suitors ready to step in, but Sandgaard is too stubborn to sell!An American group and a Chinese group…2
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Club is losing £8m a year, has no real assets, and facing another minimum 22 months at this level. If by miracle it did get promoted at that point, the budget (with no assets to secure against) would need to minimum triple to compete with the likes of Preston, who also can’t compete. The assets are effectively unbuyable.Probably an OTT post as I’m fed up with them ruining my weekend once again, but we are basically fucked imo.It was close to death from the ESI deal that separated the assets and then bled money out the club. Sandgaard has effectively taken a personal punt that is going to cost him a lot of his personal wealth, and it extended us as a result. His approach and behaviour generating additional fan disenchantment was probably the last thing we need to throw in the mix right now. We desperately needed him to be a short-term success and then we managed to tie the club back into a more traditional, secure footing, but that just doesn’t look like happening now.I genuinely don’t see how we get out of this without it leading to another round of punting chancers. Or we at best flatline and continue to slowly shrink as a club.Someone paint me a realistic positive outcome please?38
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it's easy to put anything up for sale, the hard part is finding a buyer4
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He could sell us back to Roland…😣2
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One thing I will say is if the size of the club is going to shrink, due to years of league 1 football, we might as well be fan owned. At least in the short, medium, term.3
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Whoever buys it, has to buy everything. Get rid of Roland at the same time.4
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how are 'the fans' going to find the necessary £millions to run a club even half the size of CAFC ?Cafc43v3r said:One thing I will say is if the size of the club is going to shrink, due to years of league 1 football, we might as well be fan owned. At least in the short, medium, term.5 -
I'd settle for him just losing his ego and accepting it is not all about him and his family. I can accept being on a tight budget and scrapping, but when you have an arrogant owner who fails to acknowledge anything is wrong is just angers you!!!!!!!!17
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AFKABartram said:Club is losing £8m a year, has no real assets, and facing another minimum 22 months at this level. If by miracle it did get promoted at that point, the budget (with no assets to secure against) would need to minimum triple to compete with the likes of Preston, who also can’t compete. The assets are effectively unbuyable.Probably an OTT post as I’m fed up with them ruining my weekend once again, but we are basically fucked imo.It was close to death from the ESI deal that separated the assets and then bled money out the club. Sandgaard has effectively taken a personal punt that is going to cost him a lot of his personal wealth, and it extended us as a result. His approach and behaviour generating additional fan disenchantment was probably the last thing we need to throw in the mix right now. We desperately needed him to be a short-term success and then we managed to tie the club back into a more traditional, secure footing, but that just doesn’t look like happening now.I genuinely don’t see how we get out of this without it leading to another round of punting chancers. Or we at best flatline and continue to slowly shrink as a club.Someone paint me a realistic positive outcome please?
It all gone Jackson Pollock 🤦🏻♂️1 -
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There is not going to be a particularly long line of people willing to spend £50-60m up front, engaging in negotiations with two different groups of difficult people for two seperate ownerships, on a third tier club that loses millions, generates very little income and if successful, has multi-million charges against it!The Red Robin said:Whoever buys it, has to buy everything. Get rid of Roland at the same time.I actually struggle to think of another club, bar Coventry, as unattractive a proposition as us.15 -
Utterly joyless club to support.31
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Still think Southall has got away extremely lightly for his massive part in our downfall.19
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Completely. Putting my phone away for the night. This club ain’t good for your head at times.Off_it said:Utterly joyless club to support.9 -
Sandgaard is an egotistical narsacist and no good will ever come from him being our owner.
But as I've pointed out many a time who will buy a loss making third division club with no assets.
Roland and Sandgaard between them have put us in a perilous position and I really don't know what the outcome will be.6 -
Sadly Roland will have the last laugh in this.1
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Lets put this in some sort of context. All of us, maybe, thought the signs were good at the start of the season, good football played and four points on the board. We then reach the transfer window closing, we then see the loyal staff at the Valley being dismissed in a very American fashion, we now understand the depth of the problem. The problem is and always has been that whatever TS is allegedly worth he doesn't have the cash to maintain the losses and sustain the club, any dismissals, budget cuts and overall lack of investment will not make a dent in his continued losses, worse still he, as Airman predicted, will empty the ground with an absurd pricing policy and poor results further adding to the debt. TS's statements are sometimes absurd, just this week he embarrassed himself by accusing Portsmouth of being big spenders, he followed that by a statement to Charlton supporters declaring himself unaware of free tickets being handed out. He now no longer sends out positive tweets and his last few public comments have all been defensive, what does this mean for us ? He wants out ! It's my belief that he is searching around for a buyer but he needs to convince someone that Charlton is a viable business, hence his ridiculous comments about breaking even. I actually believe Sandgaard will be gone by this seasons end but it needs someone of strong character and wallet to get the club back together as one and provide the impetus to move the club forward.4
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Last time we had proper joy, the playoff final: over 3 years, 4 managers, 3 owners and a needless relegation ago, gosh that's depressingOff_it said:Utterly joyless club to support.5 -
They could a club half the size...Lincsaddick said:
how are 'the fans' going to find the necessary £millions to run a club even half the size of CAFC ?Cafc43v3r said:One thing I will say is if the size of the club is going to shrink, due to years of league 1 football, we might as well be fan owned. At least in the short, medium, term.3 -
Give BG time. Keep pressure on TS to buy quality/suitable players. Get fans attending matches. There are 36 games left in the season. Injuries derail even the best teams, and we seem to have avoided Bowyer level outages so far. We have Jesurun Rak-Sakyi.AFKABartram said:...Someone paint me a realistic positive outcome please?
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