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Post by Deleted on Apr 2, 2016 21:49:06 GMT
Everyone who threw one should have a live Grenade shoved up their arse. Strange comment to make? Are you saying that chucking balls onto the pitch is futile and pointless? A point I would agree with you on. OR are you saying that protests against our owners should not be happening? A point that I would disagree with you on? Call it a hunch, but I have a feeling the answer to your question reamsofverse is in the name this member has chosen.
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Post by squareball on Apr 2, 2016 21:52:04 GMT
Have you considered more scrutiny against the fans by possible purchasers? And the extra costs they would have to incur should they end up buying the wrong players? Future buyers are watching too. Whether we like it or not the FA will see through these protests and see that RD has made a series of cock ups but nothing more. He passed the fit and proper test . Buying shit players and putting in a selection of rubbish managers is not part of the fit and proper owner assessment. Be careful about where these protests can lead our club. If you want RD out then give him a chance to sell by making the club sellable not unsellable. Why would any potential buyers care about protests? He/she knows that as soon as a sale occurs, the season ticket purchases increase as does walk up as well as inside the ground concessions... The FA can't do anything to remove the ownership but of course they can support the fans just like they have at Blackpool! These protest will NOT effect any purchase of the club at all , but what will is illegal 'protesting' that's me have eluded to on here ( pitch invasions , more aggressive standard liege tactics etc) so I don't understand any critisism to disruptions... Going back to the money side of it - should the playing budget be reduced next season ( which is 100% going to happen with or without protests) it would be RD further damaging his own investment- to blame it on protests would have a massive negative effect on his standing and Undermines his whole customer client base (and realistically , who would choose to support Charlton as a new fan when the owner is blaming them for a crap squad?) The club will of course loose money BUT it is duchatelet funding these loses so he is accountable, so he looses further money and damaging his investment further! Why would any potential buyers care about protests? Wow. Think about that one. If they think what the club is experiencing now is going to happen to them , with losses on the increase , they will not be touching it. They will not be interested in returning fans because as soon as the fans dont like something then the new owner becomes the new RD. You cant wash your hands of responsibility so easily. Should the protests work and RD fecks off announcing the protests as too much then the plaudits and credit will be yours for the taking and rightfully so. But if no buyer comes and the ultimate happens because of the protests then blame will responsibility will also be yours. Common sense is needed now as its getting a bit daft.
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Post by overthetop on Apr 2, 2016 21:52:44 GMT
What makes you think that potential investors may not involved in the protests? Lol... Because if they had any money they would have come forward but if they have any sense they wouldnt touch it with a barge pole. Thers a difference between fan concerns and fan obsessions. I have concerns but I am also in control of my emotions and not childish enough to throw a ball onto the pitch or wear a stupid mask. No obsessed fan will lead me to do it either. All these gimmicks are making the sofa look like a good idea !! But several have come forward. Roland has said it himself. It happens on a weekly basis according to him.
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Post by overthetop on Apr 2, 2016 21:55:49 GMT
Why would any potential buyers care about protests? He/she knows that as soon as a sale occurs, the season ticket purchases increase as does walk up as well as inside the ground concessions... The FA can't do anything to remove the ownership but of course they can support the fans just like they have at Blackpool! These protest will NOT effect any purchase of the club at all , but what will is illegal 'protesting' that's me have eluded to on here ( pitch invasions , more aggressive standard liege tactics etc) so I don't understand any critisism to disruptions... Going back to the money side of it - should the playing budget be reduced next season ( which is 100% going to happen with or without protests) it would be RD further damaging his own investment- to blame it on protests would have a massive negative effect on his standing and Undermines his whole customer client base (and realistically , who would choose to support Charlton as a new fan when the owner is blaming them for a crap squad?) The club will of course loose money BUT it is duchatelet funding these loses so he is accountable, so he looses further money and damaging his investment further! Why would any potential buyers care about protests? Wow. Think about that one. If they think what the club is experiencing now is going to happen to them , with losses on the increase , they will not be touching it. They will not be interested in returning fans because as soon as the fans dont like something then the new owner becomes the new RD. You cant wash your hands of responsibility so easily. Should the protests work and RD fecks off announcing the protests as too much then the plaudits and credit will be yours for the taking and rightfully so. But if no buyer comes and the ultimate happens because of the protests then blame will responsibility will also be yours. Common sense is needed now as its getting a bit daft. But there are investors out there. And the protests and the strength of them is encouraging those investors to put pressure on the owner to sell.
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Post by squareball on Apr 2, 2016 21:57:06 GMT
Why would any potential buyers care about protests? Wow. Think about that one. If they think what the club is experiencing now is going to happen to them , with losses on the increase , they will not be touching it. They will not be interested in returning fans because as soon as the fans dont like something then the new owner becomes the new RD. You cant wash your hands of responsibility so easily. Should the protests work and RD fecks off announcing the protests as too much then the plaudits and credit will be yours for the taking and rightfully so. But if no buyer comes and the ultimate happens because of the protests then blame will responsibility will also be yours. Common sense is needed now as its getting a bit daft. But there are investors out there. And the protests and the strength of them is encouraging those investors to put pressure on the owner to sell. Is There ? Who are they?
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Post by Mundell on Apr 2, 2016 22:50:43 GMT
Why would any potential buyers care about protests? Wow. Think about that one. If they think what the club is experiencing now is going to happen to them , with losses on the increase , they will not be touching it. They will not be interested in returning fans because as soon as the fans dont like something then the new owner becomes the new RD. You cant wash your hands of responsibility so easily. Should the protests work and RD fecks off announcing the protests as too much then the plaudits and credit will be yours for the taking and rightfully so. But if no buyer comes and the ultimate happens because of the protests then blame will responsibility will also be yours. Common sense is needed now as its getting a bit daft. But there are investors out there. And the protests and the strength of them is encouraging those investors to put pressure on the owner to sell. An Estate Agent will tell you that they have lots of buyers interested in properties like yours. You may even get plenty of voyeurs arranging to have a look around. But that's very different to actually receiving an offer, let alone one that's acceptable. To get a sense of realism, its worth asking why somebody would buy a club like Charlton? What would their plan be? How much would they be prepared to pay? And how wealthy do they need to be for it to make sense? It's also worth remembering that there are few clubs which are currently available, at the right price. Aston Villa for one. There won't be a queue of credible buyers for Charlton, that's for sure.
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Post by 19addickted96 on Apr 2, 2016 23:14:48 GMT
But there are investors out there. And the protests and the strength of them is encouraging those investors to put pressure on the owner to sell. Is There ? Who are they? There is one pubically known - Peter Varney's lot...
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Post by 19addickted96 on Apr 2, 2016 23:22:02 GMT
Why would any potential buyers care about protests? He/she knows that as soon as a sale occurs, the season ticket purchases increase as does walk up as well as inside the ground concessions... The FA can't do anything to remove the ownership but of course they can support the fans just like they have at Blackpool! These protest will NOT effect any purchase of the club at all , but what will is illegal 'protesting' that's me have eluded to on here ( pitch invasions , more aggressive standard liege tactics etc) so I don't understand any critisism to disruptions... Going back to the money side of it - should the playing budget be reduced next season ( which is 100% going to happen with or without protests) it would be RD further damaging his own investment- to blame it on protests would have a massive negative effect on his standing and Undermines his whole customer client base (and realistically , who would choose to support Charlton as a new fan when the owner is blaming them for a crap squad?) The club will of course loose money BUT it is duchatelet funding these loses so he is accountable, so he looses further money and damaging his investment further! Why would any potential buyers care about protests? Wow. Think about that one. If they think what the club is experiencing now is going to happen to them , with losses on the increase , they will not be touching it. They will not be interested in returning fans because as soon as the fans dont like something then the new owner becomes the new RD. You cant wash your hands of responsibility so easily. Should the protests work and RD fecks off announcing the protests as too much then the plaudits and credit will be yours for the taking and rightfully so. But if no buyer comes and the ultimate happens because of the protests then blame will responsibility will also be yours. Common sense is needed now as its getting a bit daft. Loses are on the increase due to on the field antics which in course are due to Duchatelet! If a new manager was brought in that the fans liked/wanted and he produced attacking and enjoyable football to watch then losses are reduced somewhat - to say loses are on the increase : they are for EVERY football team outside of the premier league , but that doesn't stop people investing! So what you are saying is that , should RD not sell the club- it's the protestors fault? Laughable! Within reason , someone could come in and over two years build Charlton to a championship team again- then decide to consolidate and push for the premier league... That's what the fans want , that's what brings new customers in (both commercial and fan based). You may say well only 3 teams a season go up , but what's the harm in actually trying to get promoted to the big time? Why should we languish in the lower half of the championship and season upon season fight relegation? Fans want to see their team fight , and to fight for something worthwhile - is staying in the championship that worthwhile because I'm sure as hell if we stay up we'll be in another relegation fight next season should Duchatelet still be here!
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Post by wellingaddick on Apr 3, 2016 2:17:17 GMT
There is one pubically known - Peter Varney's lot... I for one, am not convinced that Peter Varney's 'lot' have the money to buy and then run a Championship club. If they did, Ebbsfleet would be a division or two higher than they are now after three years of ownership, when one considers the standard of football of the league they are playing in. We also have to consider the amount that RD would want for the club, his current investments and no doubt would mean taking on the debt too. The protests are fine provided that they don't get violent. I would suggest however, that RD by now, is fully aware of the fans opinions of how he is running the club, so I'm not sure how effective any future protests can be.
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Post by overthetop on Apr 3, 2016 5:28:12 GMT
Firstly, the Estate Agent analogy doesn't make sense - it's not the Estate Agent saying there are lots of buyers out there, it's the seller himself.
Secondly, there are hundreds - yes hundreds - of very wealthy people out there who can see the opportunities of buying a 2nd tier football club, in London, with a great basic infrastructure and with further potential to progress. The Premiership fortunes and marketability of the Clubs in it make us an interesting gamble from worldwide investment.
Finally Varney has already made in known that his investors are not the Kuwaitis involved in Ebbsfleet.
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Post by Deleted on Apr 3, 2016 6:44:04 GMT
Awesome, dude! Elfs, were you the bloke behind me who said when we scored the winner "the result doesn't matter , all that matters is getting the belgian cunts out"? I did genuinely wonder if it was you! Or are you boycotting the home games ? Do you sit next to PL54 from Charlton Life?
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scoham
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Post by scoham on Apr 3, 2016 7:05:34 GMT
There is one pubically known - Peter Varney's lot... I for one, am not convinced that Peter Varney's 'lot' have the money to buy and then run a Championship club. If they did, Ebbsfleet would be a division or two higher than they are now after three years of ownership, when one considers the standard of football of the league they are playing in. We also have to consider the amount that RD would want for the club, his current investments and no doubt would mean taking on the debt too. The protests are fine provided that they don't get violent. I would suggest however, that RD by now, is fully aware of the fans opinions of how he is running the club, so I'm not sure how effective any future protests can be. Peter Varney's 'lot' aren't the people that own Ebbsfleet.
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Post by Mundell on Apr 3, 2016 8:28:28 GMT
The then owners, that's Richard Murray et al, thought that they had sold the club in the autumn of 2008, but the sale fell through at the last minute. It's clear that from then on the club was struggling financially, but a sale wasn't completed until January 2011. The acquirers were Tony Jimenez et al. Coincidentally, they were introduced by Peter Varney, but were very unpopular with today's CARD leadership.
Their strategy began to unravel in the summer of 2012, immediately after promotion, and they were heavily criticised by fans for not supporting Chris Powell, despite funding losses of around £7m per annum. I don't know when Jimenez became 'open to offers', but we do know that by the time he eventually sold to Duchatelet in January 2014 they had become desperate to sell.
During the almost eight years since the aborted deal with Zabeel there have been many rumours of buyers and, I'm told, lots of chancers and wannabes expressing interest, but actually achieving a sale is clearly not straightforward.
If the buyer Varney claims to be acting for is both real and credible why don't they make their interest public? Varney's first contact with Duchatelet on the matter clearly implied that the 'investment' related to KEH, his employer, though we now know that they are not a potential buyer and that he, personally, has no plans to be involved. That was odd. Why can't the buyer approach Duchatelet directly or use a recognised intermediary?
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Post by Deleted on Apr 3, 2016 8:41:22 GMT
If the buyer Varney claims to be acting for is both real and credible why don't they make their interest public? Varney's first contact with Duchatelet on the matter clearly implied that the 'investment' related to KEH, his employer, though we now know that they are not a potential buyer and that he, personally, has no plans to be involved. That was odd. Why can't the buyer approach Duchatelet directly or use a recognised intermediary? Very good point. There were so many potential buyers over the years - Zabeel, Koc etc etc. They all fell through on due diligence or for other reasons and it will always be so. Perhapas one in 50 suitors might end up making a serious proposal of marriage. It's extraordinary the way fans blithely insist there is a buyer ready and waiting. Nobody has any idea. And it is quite irrelvant, anyway. The club is not for sale. The current owner has said so. He knows what some of the fans think of him, but it's asinine to believe that beach balls on the pitch, banners and shouting in a car park are going to change his mind. Best we can hope for is that he recognises what is required to make the squad genuine challengers (we've seen in the three wins in the last five matches that we're only one or two players short of being a really strong side) and that he takes the necessary steps in the summer for a successful campaign in 2016-17.
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Post by Deleted on Apr 3, 2016 8:42:41 GMT
The then owners, that's Richard Murray et al, thought that they had sold the club in the autumn of 2008, but the sale fell through at the last minute. It's clear that from then on the club was struggling financially, but a sale wasn't completed until January 2011. The acquirers were Tony Jimenez et al. Coincidentally, they were introduced by Peter Varney, but were very unpopular with today's CARD leadership. Their strategy began to unravel in the summer of 2012, immediately after promotion, and they were heavily criticised by fans for not supporting Chris Powell, despite funding losses of around £7m per annum. I don't know when Jimenez became 'open to offers', but we do know that by the time he eventually sold to Duchatelet in January 2014 they had become desperate to sell. During the almost eight years since the aborted deal with Zabeel there have been many rumours of buyers and, I'm told, lots of chancers and wannabes expressing interest, but actually achieving a sale is clearly not straightforward. If the buyer Varney claims to be acting for is both real and credible why don't they make their interest public? Varney's first contact with Duchatelet on the matter clearly implied that the 'investment' related to KEH, his employer, though we now know that they are not a potential buyer and that he, personally, has no plans to be involved. That was odd. Why can't the buyer approach Duchatelet directly or use a recognised intermediary? A recognised intermediary like a previous CEO that ran a Premiership football club you mean..??
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Post by Deleted on Apr 3, 2016 8:57:13 GMT
I can't believe some of the guff posted on this thread. There are bids out there. Late last year there was a consortium that would have installed Paul Elliot as Chair. There was a bid from America that would have installed Graham Tutt as Coach. There is an offer on the table from Peter Varneys buyer which is highly credible.It is not From the owners of Ebbsfleet.
I can't believe that there are still Charlton fans who are happy with what Duchatelet and Meire are doing. We are second from bottom, attendance's have plummeted. Fans are in open warfare with the owners. I am very happy that there are some Charlton fans who I trying to do something about it.
Long may it continue.
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Post by Mundell on Apr 3, 2016 9:10:56 GMT
The then owners, that's Richard Murray et al, thought that they had sold the club in the autumn of 2008, but the sale fell through at the last minute. It's clear that from then on the club was struggling financially, but a sale wasn't completed until January 2011. The acquirers were Tony Jimenez et al. Coincidentally, they were introduced by Peter Varney, but were very unpopular with today's CARD leadership. Their strategy began to unravel in the summer of 2012, immediately after promotion, and they were heavily criticised by fans for not supporting Chris Powell, despite funding losses of around £7m per annum. I don't know when Jimenez became 'open to offers', but we do know that by the time he eventually sold to Duchatelet in January 2014 they had become desperate to sell. During the almost eight years since the aborted deal with Zabeel there have been many rumours of buyers and, I'm told, lots of chancers and wannabes expressing interest, but actually achieving a sale is clearly not straightforward. If the buyer Varney claims to be acting for is both real and credible why don't they make their interest public? Varney's first contact with Duchatelet on the matter clearly implied that the 'investment' related to KEH, his employer, though we now know that they are not a potential buyer and that he, personally, has no plans to be involved. That was odd. Why can't the buyer approach Duchatelet directly or use a recognised intermediary? A recognised intermediary like a previous CEO that ran a Premiership football club you mean..?? No, Varney is not a recognised intermediary. He is an employee of a business which, as far as I am aware, does not offer corporate financial services, including M&A for example. What he was doing writing to the Chairman of Charlton Athletic from a KEH e-mail address while promoting himself on the basis of the financial substance of his employer when the subject matter had, it subsequently transpired, nothing to do with KEH I really have no idea. It was an extraordinary thing to do. Releasing those e-mails was also very unprofessional. A recognised intermediary might be an Investment Bank or a specialist advisor, for example. An entity which would then help to manage the transaction, if one were eventually agreed in principle. That would include performing a valuation, advising on price, organising due diligence etc. Indeed, given the relationship between Varney and the club, as evidenced by his newspaper interviews and CARD videos, I reckon he would be about as unsuitable for the job of broking a deal with Charlton's owner as it's possible to imagine.
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Post by Deleted on Apr 3, 2016 9:15:59 GMT
last year there was a consortium that would have installed Paul Elliot as Chair. What the bloke who tried to sue Dean Saunders for an injury on the pitch and had to resign from Kick It Out after he sent texts to Richard Rufus saying “Ur a stupid man n*****” ; “You dog. Ur history....” ; “This will follow you scumbag.” ? We had a narrow escape there, then. Sorry, but this is all as dreamy as Acworth's bid. Americans, Turks, Saudis, Kuwaitis, Russians - seems the whole world has wanted to buy CAFC since Murray first decided he had to sell. In the end they all dropped out and a Belgian bought us. As he's not selling we have to live with it until such time as he decides otherwise. We cannot make him sell, whatever 'Rocky' Everitt says. When Duchatalet does sell he's going to want £50m plus and there will be a very short queue. Were he to put the club on the market, it could easily take 12-18 months before a transaction was concluded. Meanwhile, all we can do is get behind the team in its current run of excelllent form - ten pts from last five matches - and cheer as loud as we can all the way to the end of the season. If we're relegated, that will be the time to protest. And even then it won't do any good!
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Post by Deleted on Apr 3, 2016 9:24:46 GMT
A recognised intermediary like a previous CEO that ran a Premiership football club you mean..?? No, Varney is not a recognised intermediary. He is an employee of a business which, as far as I am aware, does not offer corporate financial services, including M&A for example. What he was doing writing to the Chairman of Charlton Athletic from a KEH e-mail address while promoting himself on the basis of the financial substance of his employer when the subject matter had, it subsequently transpired, nothing to do with KEH I really have no idea. It was an extraordinary thing to do. Releasing those e-mails was also very unprofessional. A recognised intermediary might be an Investment Bank or a specialist advisor, for example. An entity which would then help to manage the transaction, if one were eventually agreed in principle. That would include performing a valuation, advising on price, organising due diligence etc. Indeed, given the relationship between Varney and the club, as evidenced by his newspaper interviews and CARD videos, I reckon he would be about as unsuitable for the job of broking a deal with Charlton's owner as it's possible to imagine. He could also be working for someone associated with, but not KEH
As for not being a recognised intermediary, I beg to differ as he has had dealings with taking clubs over before, so he does have experience in that field
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Post by Deleted on Apr 3, 2016 9:31:56 GMT
No, Varney is not a recognised intermediary. He is an employee of a business which, as far as I am aware, does not offer corporate financial services, including M&A for example. What he was doing writing to the Chairman of Charlton Athletic from a KEH e-mail address while promoting himself on the basis of the financial substance of his employer when the subject matter had, it subsequently transpired, nothing to do with KEH I really have no idea. It was an extraordinary thing to do. Releasing those e-mails was also very unprofessional. A recognised intermediary might be an Investment Bank or a specialist advisor, for example. An entity which would then help to manage the transaction, if one were eventually agreed in principle. That would include performing a valuation, advising on price, organising due diligence etc. Indeed, given the relationship between Varney and the club, as evidenced by his newspaper interviews and CARD videos, I reckon he would be about as unsuitable for the job of broking a deal with Charlton's owner as it's possible to imagine. He could also be working for someone associated with, but not KEH
As for not being a recognised intermediary, I beg to differ as he has had dealings with taking clubs over before, so he does have experience in that field
I think you need to face facts, valley 1905. Through his unprofessional behaviour Varney has burnt every bridge and is now persona non grata at the Valley, not only with Murray but with Duchatalet, too. As Mundell eloquently explains, it would be hard to think of anyone less suitable to broker a change of ownership at CAFC. If Varney's investors are for real and have £50 million, they should appoach Duchatalet directly or through a city institutution or body of similar status. THey will get nowhere while Varney is anywhere near their alleged bid. But all this only relevant if the current owner was interested in selling. Which he empatically is not.
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Post by Deleted on Apr 3, 2016 9:37:21 GMT
He could also be working for someone associated with, but not KEH
As for not being a recognised intermediary, I beg to differ as he has had dealings with taking clubs over before, so he does have experience in that field
I think you need to face facts, valley 1905. Through his unprofessional behaviour Varney has burnt every bridge and is now persona non grata at the Valley, not only with Murray but with Duchatalet, too. As Mundell eloquently explains, it would be hard to think of anyone less suitable to broker a change of ownership at CAFC. Even if the current owner was interested in selling. Which he empatically is not. oh dear spouting rubbish - read what I said and try to take it in.
BTW I am not a supporter or connected with Varney in anyway way or form, so, with that in mind do you think the statement below is true?
"Do you think someone that has had previous experience in taking over a football club is a recognised intermediary?"
As for Roland not selling? Who knows (Except him) but everything has it's price
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Post by overthetop on Apr 3, 2016 9:58:02 GMT
last year there was a consortium that would have installed Paul Elliot as Chair. When Duchatalet does sell he's going to want £50m plus and there will be a very short queue. Agreed. But a queue none the less
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Post by Deleted on Apr 3, 2016 9:58:05 GMT
As for Roland not selling? Who knows (Except him) but everything has it's price
Well we're making some progress if you are now admitting that you have no evidence that the club is for sale. Because all the evidence is that it is not for sale, isn't it? Like the owner telling the world it isn't and him showing no interest in meeting those fronting an alleged bid, for example. Also not sure everything does have its price in the world of the super-rich who already have more money than they're ever going to be able to spend in a lifetime... Varney is not a suitable or recognised intermediary. In fact, for the reasons mundell has explained, he's actually made himself uniquely unsuitable. If Varney's investors are for real and have £50 million to spend, my strong suspicion is that they would have dropped Varney by now and appoached Duchatalet direct or through a city institutution. They must have realised that they will get nowhere while Varney is anywhere near their alleged bid. Or perhaps they have looked at the evidence and , not unreasonably, concluded that Duchatalet has no intention of selling and that they are wasting their time.
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Post by squareball on Apr 3, 2016 10:04:17 GMT
Why would any potential buyers care about protests? Wow. Think about that one. If they think what the club is experiencing now is going to happen to them , with losses on the increase , they will not be touching it. They will not be interested in returning fans because as soon as the fans dont like something then the new owner becomes the new RD. You cant wash your hands of responsibility so easily. Should the protests work and RD fecks off announcing the protests as too much then the plaudits and credit will be yours for the taking and rightfully so. But if no buyer comes and the ultimate happens because of the protests then blame will responsibility will also be yours. Common sense is needed now as its getting a bit daft. Loses are on the increase due to on the field antics which in course are due to Duchatelet! If a new manager was brought in that the fans liked/wanted and he produced attacking and enjoyable football to watch then losses are reduced somewhat - to say loses are on the increase : they are for EVERY football team outside of the premier league , but that doesn't stop people investing! So what you are saying is that , should RD not sell the club- it's the protestors fault? Laughable! Within reason , someone could come in and over two years build Charlton to a championship team again- then decide to consolidate and push for the premier league... That's what the fans want , that's what brings new customers in (both commercial and fan based). You may say well only 3 teams a season go up , but what's the harm in actually trying to get promoted to the big time? Why should we languish in the lower half of the championship and season upon season fight relegation? Fans want to see their team fight , and to fight for something worthwhile - is staying in the championship that worthwhile because I'm sure as hell if we stay up we'll be in another relegation fight next season should Duchatelet still be here! What I am saying is if you want to make the club unmanageable then it is purely unsellable. You really believe someone will invest millions of their own money to appease obsessive and precious fans? They will not. What I am saying is if RD wants to sell he won't be able to because no investor wants the bitterness of fan protests. As for Varney , if he is a protester then there is zero chance of a sale to him. How much has he got? Didn't he reveal emails that have stoked the angry fire even more? Not exactly the credentials to encourage a sale. Is he a front man again? For who? Do we need more secrecy and hidden money men? Be careful what you wish for.
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Post by Deleted on Apr 3, 2016 10:05:58 GMT
As for Roland not selling? Who knows (Except him) but everything has it's price
Well we're making some progress if you are now admitting that you have no evidence that the club is for sale. Because all the evidence is that it is not for sale, isn't it? Like the owner telling the world it isn't and him showing no interest in meeting those fronting an alleged bid, for example. Also not sure everything does have its price in the world of the super-rich who already have more money than they're ever going to be able to spend in a lifetime... Varney is not a suitable or recognised intermediary. In fact, for the reasons mundell has explained, he's actually made himself uniquely unsuitable. If Varney's investors are for real and have £50 million to spend, my strong suspicion is that they would have dropped Varney by now and appoached Duchatalet direct or through a city institutution. They must have realised that they will get nowhere while Varney is anywhere near their alleged bid. Or perhaps they have looked at the evidence and , not unreasonably, concluded that Duchatalet has no intention of selling and that they are wasting their time. I agree with you that Varney may not be a suitable intermediary, but he is recognised one as he has done the work several times before.
Would you agree with that statement..??
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Post by Deleted on Apr 3, 2016 10:18:45 GMT
Recognised by whom? Not by the people who matter...
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Post by Mundell on Apr 3, 2016 10:35:10 GMT
Well we're making some progress if you are now admitting that you have no evidence that the club is for sale. Because all the evidence is that it is not for sale, isn't it? Like the owner telling the world it isn't and him showing no interest in meeting those fronting an alleged bid, for example. Also not sure everything does have its price in the world of the super-rich who already have more money than they're ever going to be able to spend in a lifetime... Varney is not a suitable or recognised intermediary. In fact, for the reasons mundell has explained, he's actually made himself uniquely unsuitable. If Varney's investors are for real and have £50 million to spend, my strong suspicion is that they would have dropped Varney by now and appoached Duchatalet direct or through a city institutution. They must have realised that they will get nowhere while Varney is anywhere near their alleged bid. Or perhaps they have looked at the evidence and , not unreasonably, concluded that Duchatalet has no intention of selling and that they are wasting their time. I agree with you that Varney may not be a suitable intermediary, but he is recognised one as he has done the work several times before.
Would you agree with that statement..??
thevalley1905 I have no interest in getting into an argument or in splitting hairs, but I think the key to your question is to distinguish between what Peter Varney might be capable of doing and what he is actually being employed to do. In my view you are right to say that Varney has the experience necessary to operate as an advisor to football clubs, lncluding on potential M&A activity. He's been the CEO of a football club playing in the Premier League and has experience of capital raising and the sale of a club. If he was an employee of Goldman Sachs or had formed 'Peter Varney Associates', then he could position himself as a 'recognised intermediary'' and could have approached the club in that capacity. However, he's not and he didn't. He approached the club as an employee of a business which is not a 'recognised intermediary'. He appeared to be acting on behalf of KEH and that was, at best, very misleading. If he was formally acting on behalf of another party and being paid to do so, then he should have made that clear. He chose not to. In my view, but it's pure speculation, Varney has no such mandate. He's been on a fishing expedition. He wants Duchatelet to sell the club, for his own personal reasons, and has probably held that view since Chris Powell was sacked. As a result he is attempting to find potential buyers and/or to persuade somebody to show interest. Holding a meeting with the owner, if he could get one, would give him some credibility and some sound bites, but wouldn't necessarily mean that a 'real' buyer was on the horizon. If there was proactive interest from a serious investor then using Varney to broke the deal would not only be unorthodox, but rather ill-judged in the circumstances. As @spouting Rubbish has observed if Varney's buyer was serious he/she would have ditched him and found another way of making their interest clear.
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Post by Deleted on Apr 3, 2016 10:56:05 GMT
I agree with you that Varney may not be a suitable intermediary, but he is recognised one as he has done the work several times before.
Would you agree with that statement..??
thevalley1905 I have no interest in getting into an argument or in splitting hairs, but I think the key to your question is to distinguish between what Peter Varney might be capable of doing and what he is actually being employed to do. In my view you are right to say that Varney has the experience necessary to operate as an advisor to football clubs, lncluding on potential M&A activity. He's been the CEO of a football club playing in the Premier League and has experience of capital raising and the sale of a club. If he was an employee of Goldman Sachs or had formed 'Peter Varney Associates', then he could position himself as a 'recognised intermediary'' and could have approached the club in that capacity. However, he's not and he didn't. He approached the club as an employee of a business which is not a 'recognised intermediary'. He appeared to be acting on behalf of KEH and that was, at best, very misleading. If he was formally acting on behalf of another party and being paid to do so, then he should have made that clear. He chose not to. In my view, but it's pure speculation, Varney has no such mandate. He's been on a fishing expedition. He wants Duchatelet to sell the club, for his own personal reasons, and has probably held that view since Chris Powell was sacked. As a result he is attempting to find potential buyers and/or to persuade somebody to show interest. Holding a meeting with the owner, if he could get one, would give him some credibility and some sound bites, but wouldn't necessarily mean that a 'real' buyer was on the horizon. If there was proactive interest from a serious investor then using Varney to broke the deal would not only be unorthodox, but rather ill-judged in the circumstances. As @spouting Rubbish has observed if Varney's buyer was serious he/she would have ditched him and found another way of making their interest clear. mundell - I too do not want to get into a pointless argument
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Post by funkythings on Apr 3, 2016 10:58:16 GMT
All speculation and pointless speculation at that. The worst kind of speculation in fact.
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Post by overthetop on Apr 3, 2016 11:26:18 GMT
The investors want Varney involved - indeed he was recommended to them specifically because of his Charlton knowledge, experience and connections.Along with his previous experience in M&A of football Clubs he was seen as the ideal qualified candidate for pushing this takeover forward.......... and if not at The Valley, then elsewhere, where there is perceived 'value' in the Brand.
I suppose some of you would only believe this could happen if Barry Fry was fronting the investors.
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