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Post by reamsofverse on Jan 9, 2019 23:20:36 GMT
Been thinking about this tonight and while I dislike RD as much as the next man he has put £1m per month into the club since the Aussies first came onto the scene so why should they get it for the same price that was agreed last May?
Have they made an initial down payment to guarantee the price stays the same a year on? It makes you wonder if the deal has actually now collapsed which is why a new interested party were quoted £60m-£70m for the club recently. Perhaps it has been hiked because the skint Aussies have walked and the new inflated price that appears to be doing the rounds is made up of the original price and what RD has paid since in running costs.
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Post by essexaddick on Jan 10, 2019 0:14:00 GMT
I think that is pretty near the mark.
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Post by 19addickted96 on Jan 10, 2019 8:19:27 GMT
I presume the running costs are continuing to be put down as debt on the club, which any new owner will have to take on and pay - whether it’s up front or possibly staggered payments etc
So don’t think it’s cut and dry as to believe they’re getting away with not paying...
As we’re constantly told, it’s HIS club and he can do what he wants
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Post by Deleted on Jan 10, 2019 9:55:04 GMT
Let us hope that Mike Ashley sells Newcastle quickly, so we can rid ourselves of these Aussies.
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Post by surfaddick on Jan 10, 2019 12:52:18 GMT
Until a deal is brokered, the club belongs to Roland and it's his responsibility to maintain the day-to-day running along with whatever costs that incurs. Do you own a car and expect someone to pay you back for the fuel/MOT/new floor mats you use after they buy it? No. They pay for the value of the car.
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Post by squareball on Jan 10, 2019 13:07:05 GMT
Until a deal is brokered, the club belongs to Roland and it's his responsibility to maintain the day-to-day running along with whatever costs that incurs. Do you own a car and expect someone to pay you back for the fuel/MOT/new floor mats you use after they buy it? No. They pay for the value of the car. Good point but it’s only speculation. The only certain thing with all these figures been bandied around is that they are rumours. Nothing more. |
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Post by squareball on Jan 10, 2019 13:10:24 GMT
Let us hope that Mike Ashley sells Newcastle quickly, so we can rid ourselves of these Aussies. How long has he been selling his club? Will all the stay away fans be flocking back to herald the triumphant arrival of our new Aussie owners? |
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Post by Mundell on Jan 11, 2019 7:20:30 GMT
This is a very good question in my view.
As others have said, RD has no choice other than to fund the club’s losses until he finds a buyer. Were he not willing to do so we’d be in the same position as Bolton Wanderers, for example, where the PFA has had to pay the player’s wages.
However, where he does have a choice, at least to some extent, is around how big those losses are. While a big fuss was made about cost cutting in the summer, the fact is that the owner has funded a very competitive squad. As Lee Bowyer said earlier this week, when talking about our January signings, ‘he didn’t have to do that’. For what it’s worth, according to TransferMarkt, we have the second most valuable squad in League One, behind Sunderland.
Unless we win promotion the current owner will not get this money back. He will simply have lost more money as a result. There is no reason to believe his support for Lee Bowyer will impact the sale price and, as we’ve discussed many times, the fact that the owner is lending himself yet more money is not relevant to that equation.
However, if the club wins promotion before it is eventually sold then the price obviously will change. There’d no doubt be much wailing and gnashing of teeth about that too, but it’s entirely reasonable and would be a reward for the funding provided.
The good news is that it’s very likely that an ‘add on’ for promotion to the Championship is already a part of the deal agreed and hence a higher price wouldn’t necessarily require a renegotiation.
That said, a club in the Championship is likely to be much more saleable than one in League One. As result, promotion would significantly increase the chances of those currently trying to buy the club being gazumped. They need to get on with it, therefore.
Roland Duchatelet clearly wants out so it’s now entirely academic. However, it’s far from obvious to me that a ragged-arse consortium that can neither get its act to together nor raise the money to buy the club will prove to be a better owner. What chance we’ll see a Voice of the Valley headline telling us that the PFA our paying the wages of our players?
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Post by seriouslyred on Jan 11, 2019 9:34:15 GMT
A very good point there Mundell - the closer we get back to the Championship the more attractive we become. New enquiries might be made and a price of £40M becomes justifiable. Therefore, it is in the interests of RD, Bowyer, the club and the fans to keep adding quality to the squad. There's a small gap between us and those above us which could be closed by end of February if we can secure the wins. In short, RD is funding the losses in order to secure the return of the original purchase price and much of the loans he has injected since. |
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survivor
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Post by survivor on Jan 11, 2019 12:08:15 GMT
Play the ball, not the man, because the man is our stability and banker and should not be kicked around because somebody cannot make the asking price.
If you want respect in life, you have to give it first.
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Post by kings hill addick on Jan 11, 2019 16:26:25 GMT
I am no fan of RD but it has to be said that, despite, the credible suggestions that his employee appointments have ended in disaster he has not been unwilling to bankroll the club.
After all the grief he has been subjected to I would have struggled to criticise if he'd held the fire sale that many were predicting last summer, or this January (although I accept that he could still sell a player or two).
I believe that our wage bill is still one of the highest in the division and our running losses, surely, must be.
Without the benefit of all of the information I'm not going to comment on the dispute with the employees but I note that it has gone very quiet and there doesn't seem to be any legal action forthcoming. Also, everywhere I've worked, there has been at least one employee that believed that they were 'promised' something that they never received - in most cases it was apparent why they hadn't received the award but they still felt cheated. It is not at all uncommon for an employee to believe they have earned extra rewards and the employer to not agree with them.
All in all I believe that, since we were relegated from the second division, it could have been a lot worse, and RD could have put a lot less money in.
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Post by Deleted on Jan 11, 2019 19:35:37 GMT
Let us hope that Mike Ashley sells Newcastle quickly, so we can rid ourselves of these Aussies. #anyonebutRoland |
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Post by Mundell on Jan 11, 2019 20:56:18 GMT
I am no fan of RD but it has to be said that, despite, the credible suggestions that his employee appointments have ended in disaster he has not been unwilling to bankroll the club. After all the grief he has been subjected to I would have struggled to criticise if he'd held the fire sale that many were predicting last summer, or this January (although I accept that he could still sell a player or two). I believe that our wage bill is still one of the highest in the division and our running losses, surely, must be. Without the benefit of all of the information I'm not going to comment on the dispute with the employees but I note that it has gone very quiet and there doesn't seem to be any legal action forthcoming. Also, everywhere I've worked, there has been at least one employee that believed that they were 'promised' something that they never received - in most cases it was apparent why they hadn't received the award but they still felt cheated. It is not at all uncommon for an employee to believe they have earned extra rewards and the employer to not agree with them. All in all I believe that, since we were relegated from the second division, it could have been a lot worse, and RD could have put a lot less money in. I agree. While it is seems clear that Duchatelet didn’t know what he was getting into when he bought the club and that the execution of his flawed strategy was at times naive, he does seem to have acted in good faith. I’ve no doubt I’ll get pelters for saying it, but it is also a great credit to him that he has retained his dignity and risen above all the crap which has been thrown at him. The suggestion that he was destroying the club and was likely to behave vindictively towards its fans was always patently absurd. |
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Post by garrynelson on Jan 11, 2019 21:30:50 GMT
Until a deal is brokered, the club belongs to Roland and it's his responsibility to maintain the day-to-day running along with whatever costs that incurs. Do you own a car and expect someone to pay you back for the fuel/MOT/new floor mats you use after they buy it? Not the fuel. But yes, maintenace is factored in to the sale of a second-hand car. Why would you suggest that a football club should be different? Maintenance is not factored in to the cost - you won’t have any luck selling your car for the price you paid, plus the money you spent on running it |
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Post by Deleted on Jan 11, 2019 22:13:35 GMT
Not the fuel. But yes, maintenace is factored in to the sale of a second-hand car. Why would you suggest that a football club should be different? Maintenance is not factored in to the cost - you won’t have any luck selling your car for the price you paid, plus the money you spent on running it You really are clueless, "garrynelson" (or "steve brown" as you used to call yourself until you got banned form this forum - you do love hijacking other people's names and pathetically trying to bask in their glory, don't you?)
Have you ever bought or sold a car? Are you even old enough to drive?
An up-to-date-service manual showing regular maintenance adds to the value of any vehicle.
You must be the only dimwit in the world who didn't know that...
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Post by jonkool on Jan 11, 2019 22:34:51 GMT
“All in all I believe that, since we were relegated from the second division, it could have been a lot worse, and RD could have put a lot less money in”. Read more: intothevalley.proboards.com/thread/23225/why-keep-funding-club-aussies#ixzz5cLAJZK3hKHA that’s what so many of us non Card’s have been saying since the protests first started. We all knew that RD ran the club and the rest of his network as a retirement project after reading Moneyball. Pi55 poor execution particularly in recruitment has been abysmal until the penny dropped of the need to buy British in terms of the management and playing staff. However there has been one way that he has been wonderfully consistent - he never missed out on tr@nsferring funds into CAFC le@ving the club with zero hard debt. So therefore - like it or lump it - it has to be acknowledged that we were kept solvent and only left with soft debt which would disappear upon sale of the business. A narrative not acknowledged by Rick and his cohorts but they were never clued up on the financial realities of life in the EFL 👍 |
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Post by garrynelson on Jan 11, 2019 23:55:06 GMT
Maintenance is not factored in to the cost - you won’t have any luck selling your car for the price you paid, plus the money you spent on running it You really are clueless, "garrynelson" (or "steve brown" as you used to call yourself until you got banned form this forum - you do love hijacking other people's names and pathetically trying to bask in their glory, don't you?)
Have you ever bought or sold a car? Are you even old enough to drive?
An up-to-date-service manual showing regular maintenance adds to the value of any vehicle.
You must be the only dimwit in the world who didn't know that...
You are an arrogant clown aren’t you Do you even have a positive IQ Nigel? |
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Post by seriouslyred on Jan 12, 2019 0:48:16 GMT
Lads - C'mon! Its not even a good analogy to compare CAFC to a car! The price has gone up for three reasons: property and land value increase since 2014, the increase in the FAPL media deal which makes Championship clubs sell for £50M and RD is not a distressed buyer so he can always set whatever price he wants.
It really doesn't matter what he eventually secures nor how many hundred fans announce a boycott. All that matters is that he provides more budget to Bowyer and Gallen this month and that our players come back from injury asap.
We are on a gentle upward trend so there's no need for any toy throwing.
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Post by Deleted on Jan 12, 2019 5:31:56 GMT
Lads - C'mon! Its not even a good analogy to compare CAFC to a car! The price has gone up for three reasons: property and land value increase since 2014, the increase in the FAPL media deal which g makes Championship clubs sell for £50M and RD is not a distressed buyer so he can all whatever price he wants. It really doesn't matter what he eventually secures nor how many hundred fans announce a boycott. All that matters is that he provides more budget to Bowyer and Gallen this month and that our players come back from injury asap. We are on a gentle upward trend so there's no need for any toy throwing. Agreed. No disrespect to surfaddick but I think the car analogy is perhaps open to too much differing interpretation, which has then led to a needless exchange of unpleasantries. |
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Post by hairyhotdog on Jan 12, 2019 7:05:32 GMT
I think that RD shouldn’t be the only one praised for keeping our club afloat , a lot of praise should go to the fans who turn up at the Valley on a weekly basis , the guys who spend the money in the bars and the people who spend their hard earned in the club shop..
Cos without them , crowds of 5k , minimal bar takings and an empty club shop , then there would undoubtedly be a lot of hard working Charlton staff out of jobs , many of whom had given years of service to the club that we all love..
Even if only a penny of my £4 pint goes towards the staffs wages then thats a penny more than would go to if I sat at home....
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Post by Deleted on Jan 12, 2019 9:22:45 GMT
A lot of people who are boycotting until RD has gone say they are not giving him a penny of there money.I look at it in a different light when i purchase a ticket i like to think i am contributing to a players wage or staff members wage rather then it going to RD himself. But ha ho thats just my way of thinking.
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Post by oldred on Jan 12, 2019 10:15:33 GMT
A lot of people who are boycotting until RD has gone say they are not giving him a penny of there money.I look at it in a different light when i purchase a ticket i like to think i am contributing to a players wage or staff members wage rather then it going to RD himself. But ha ho thats just my way of thinking. Nothing wrong with that mate , everyone will look at it from their own perspective. There will be endless viewpoints and opinions, but everyone is entitled to do what they feel comfortable with . Fans are divided about whether boycotting harms the owner or the club / team . Hopefully everyone will be enjoying going and enjoying the football again . Regarding the original topic, all the while he is the owner , the running costs and bills are down to him . We are doing better than I had expected, re LB being allowed to bring in some new players. |
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survivor
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Post by survivor on Jan 12, 2019 11:01:41 GMT
You really are clueless, "garrynelson" (or "steve brown" as you used to call yourself until you got banned form this forum - you do love hijacking other people's names and pathetically trying to bask in their glory, don't you?)
Have you ever bought or sold a car? Are you even old enough to drive?
An up-to-date-service manual showing regular maintenance adds to the value of any vehicle.
You must be the only dimwit in the world who didn't know that...
You are an arrogant clown aren’t you Do you even have a positive IQ Nigel? Don't be silly Gary, this is an adult forum. ps. Nigel's IQ is 135. |
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Post by Deleted on Jan 12, 2019 11:17:38 GMT
A lot of people who are boycotting until RD has gone say they are not giving him a penny of there money.I look at it in a different light when i purchase a ticket i like to think i am contributing to a players wage or staff members wage rather then it going to RD himself. But ha ho thats just my way of thinking. Exactly this, it can’t be going to RD as CAFC are run at a loss, a loss he covers without mortgaging the valley or training ground. CAFC will be debt free (save directors loans) when he sells and if the next buyers cannot afford to run us at a loss then they will no doubt mortgage whatever they can to cover the losses, a real true debt which was done by the previous owners! |
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