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Post by norfolkbroads on Jul 29, 2020 10:47:38 GMT
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Post by kings hill addick on Jul 29, 2020 10:56:22 GMT
Like him or loath him, that is the appropriate response to an abusive email - irrespective as to if it is factually correct or not. |
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Post by Deleted on Jul 29, 2020 11:10:41 GMT
What we need are answers from ESI. I don't agree with abusive e mails but our Club is inching closer to oblivion. I can understand Charlton Supporters losing their cool, but it doesn't make it right.
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Post by charltonheston on Jul 29, 2020 11:12:45 GMT
Well said Dickplum1
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Post by Deleted on Jul 29, 2020 22:00:14 GMT
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Post by Deleted on Jul 29, 2020 22:13:12 GMT
If Farnell can't stand the heat get out the f-ing Kitchen. |
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Post by lukepiestalker on Jul 30, 2020 5:54:08 GMT
Classic victim situation with Farnell so why play into his hands.
Wouldn't be surprised if CF is replying to emails from fans on the clock in some way - why else would he bother.
Whoever he is working for/with just wants the land, so it figures that the club should no longer exist for this to happen, which is sadly where we appear to be heading.
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zohak
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Post by zohak on Jul 30, 2020 6:11:04 GMT
Classic victim situation with Farnell so why play into his hands. Wouldn't be surprised if CF is replying to emails from fans on the clock in some way - why else would he bother. Whoever he is working for/with just wants the land, so it figures that the club should no longer exist for this to happen, which is sadly where we appear to be heading. Only RD would benefit from the club not existing. he is the one who owns the land. you cant asset strip if you have no assets. All ESI has is the licence and the player regs. if we went bust the players could walk anyway. |
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Post by lukepiestalker on Jul 30, 2020 6:14:58 GMT
Classic victim situation with Farnell so why play into his hands. Wouldn't be surprised if CF is replying to emails from fans on the clock in some way - why else would he bother. Whoever he is working for/with just wants the land, so it figures that the club should no longer exist for this to happen, which is sadly where we appear to be heading. Only RD would benefit from the club not existing. he is the one who owns the land. you cant asset strip if you have no assets. All ESI has is the licence and the player regs. if we went bust the players could walk anyway. RD doesn't want the land he wants his money back. As a football club we are inconsequential, is my point. |
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Post by clarky on Jul 30, 2020 7:44:07 GMT
Only RD would benefit from the club not existing. he is the one who owns the land. you cant asset strip if you have no assets. All ESI has is the licence and the player regs. if we went bust the players could walk anyway. RD doesn't want the land he wants his money back. As a football club we are inconsequential, is my point. Agree, and the problem being he wants all £50m of it back, which is well above the valuation price. |
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Post by 1978sussex on Jul 30, 2020 8:57:42 GMT
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Post by 1978sussex on Jul 30, 2020 8:58:03 GMT
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Post by 1978sussex on Jul 30, 2020 8:58:23 GMT
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Post by kings hill addick on Jul 30, 2020 9:35:14 GMT
That is fair enough, in my opinion. Frankly, after their statement on Monday, I'm surprised that just 48 hours later a local journalist is approaching them for comment!
They have said that they are not going to provide a running commentary. Why ask again? It reminds me of those sit-coms where children ask for ice-cream and are told "No!" but they answer with, "But how about ice-cream?" about ten times. The're not really funny but it makes one laugh because they are children and our own kids were like it. I can't do that face/head slap icon but if I could I'd put one here!
Edit:
Here it is! 🤦🏼
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Post by Mundell on Jul 30, 2020 9:47:51 GMT
I wonder how Rich Cawley got ‘Nimer’s line’? Still, the quote above is exactly what I’d expect. I’d have been very surprised had either Duchâtelet or Nimer been involved in a meeting with the EFL. Nimer has probably washed his hands of the club, hence the need for Elliott’s consortium to provide short-term funding, perhaps via a loan secured against receivables, while Duchâtelet probably can’t doing anything unless and until the terms of his sale and/or loan agreement have been breached. We’re left wondering what the Elliott consortium is aiming to do and whether their bid is approved by the EFL. If it’s not then Nimer will, presumably, need to re-engage, even if in the first instance all that means is asking the CAFC Board to appoint an administrator. At that point I assume Duchâtelet would get his lawyers involved. What the administrator will then need to do is convince the EFL that the club is capable of fulfilling its fixtures and that a buyer will be found who can fund the club going forward. If those two things apply, I’d be surprised if the EFL decided to expel the club from the League. The problem at Bury, as I understand it, was that there was no credible way forward. As I noted on the Varney thread, the buyer will need to come to an accommodation with Duchâtelet and that’s likely to be the biggest hurdle. A rental agreement might be a way forward. Fingers crossed. |
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Post by thevalleybest on Jul 30, 2020 14:40:44 GMT
Ashley staying at Newcastle so he is not coming to Charlton.
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Post by oldred on Jul 30, 2020 18:25:38 GMT
Without hearing the tone of the comment, it’s hard to know how it was meant. On the face of it, it’s rather insensitive and disrespectful remark. There a lot of ground between a running commentary, and complete silence. There is a clubs future at stake here, and a lot of very worried and concerned fans, who are desperate for a glimmer of hope. A little more consideration and tact would maybe have been in order. The truth is many fans have no confidence at all in the EFL, to come to a sensible conclusion that protects the member clubs that they are supposed to represent. |
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Post by lukepiestalker on Jul 30, 2020 18:41:19 GMT
RD doesn't want the land he wants his money back. As a football club we are inconsequential, is my point. Agree, and the problem being he wants all £50m of it back, which is well above the valuation price. Indeed. As Ive said earlier he couldn't get that sum back in the pre covid times so he will be interested in other avenues. |
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Post by Deleted on Jul 30, 2020 19:00:09 GMT
Interesting video coming out tomorrow made by Darren, North London Addick.
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Post by oldred on Jul 30, 2020 19:00:20 GMT
Agree, and the problem being he wants all £50m of it back, which is well above the valuation price. Indeed. As Ive said earlier he couldn't get that sum back in the pre covid times so he will be interested in other avenues. Surely, as he increased the price following our promotion, he will accept that he will need to lower his price should he be taking offers again. |
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Post by oldred on Jul 30, 2020 19:13:57 GMT
Interesting video coming out tomorrow made by Darren, North London Addick. Thanks Dick, where will it be posted please? |
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Post by Deleted on Jul 30, 2020 19:39:20 GMT
Interesting video coming out tomorrow made by Darren, North London Addick. Thanks Dick, where will it be posted please? I would think he will post it on Twitter, but not sure. I won't be around for the weekend. |
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Post by 1978sussex on Jul 30, 2020 19:49:12 GMT
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Post by lukepiestalker on Jul 30, 2020 19:59:08 GMT
Indeed. As Ive said earlier he couldn't get that sum back in the pre covid times so he will be interested in other avenues. Surely, as he increased the price following our promotion, he will accept that he will need to lower his price should he be taking offers again. We will see I guess, mate. |
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Post by 1978sussex on Jul 30, 2020 20:35:51 GMT
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Post by 1978sussex on Jul 30, 2020 20:36:11 GMT
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Post by Deleted on Jul 30, 2020 21:05:58 GMT
Indeed. As Ive said earlier he couldn't get that sum back in the pre covid times so he will be interested in other avenues. Surely, as he increased the price following our promotion, he will accept that he will need to lower his price should he be taking offers again. Not while he thinks he'll get his £50m from ESI. Who knows what info he is being fed in his Belgian office. |
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Post by wellingaddick on Jul 30, 2020 21:38:45 GMT
Surely, as he increased the price following our promotion, he will accept that he will need to lower his price should he be taking offers again. Not while he thinks he'll get his £50m from ESI. Who knows what info he is being fed in his Belgian office. I think RD realises what he has done and knows that he won't get his £50m from ESI. But, if the terms of the deal are stretched over this supposed 5 year time frame and unless or until ESI default on the deal, then RD can't really do anything at present. |
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Post by seriouslyred on Jul 30, 2020 21:47:38 GMT
Not while he thinks he'll get his £50m from ESI. Who knows what info he is being fed in his Belgian office. I think RD realises what he has done and knows that he won't get his £50m from ESI. But, if the terms of the deal are stretched over this supposed 5 year time frame and unless or until ESI default on the deal, then RD can't really do anything at present. The only way RD secures his £50M is if we return to the EPL which is somewhat unlikely right now! Some criticised the deal but RD is off the hook for the losses and the responsibility of running the club. Like many other club sales his successors have performed notably worse in a very short space of time. zenga can validate the story of Liege after their Vice President bought the club back in May 2015. Ah but it was all RD's fault! Not really |
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Post by Mundell on Jul 30, 2020 22:02:27 GMT
I wonder how Rich Cawley got ‘Nimer’s line’? Still, the quote above is exactly what I’d expect. I’d have been very surprised had either Duchâtelet or Nimer been involved in a meeting with the EFL. Nimer has probably washed his hands of the club, hence the need for Elliott’s consortium to provide short-term funding, perhaps via a loan secured against receivables, while Duchâtelet probably can’t doing anything unless and until the terms of his sale and/or loan agreement have been breached. We’re left wondering what the Elliott consortium is aiming to do and whether their bid is approved by the EFL. If it’s not then Nimer will, presumably, need to re-engage, even if in the first instance all that means is asking the CAFC Board to appoint an administrator. At that point I assume Duchâtelet would get his lawyers involved. What the administrator will then need to do is convince the EFL that the club is capable of fulfilling its fixtures and that a buyer will be found who can fund the club going forward. If those two things apply, I’d be surprised if the EFL decided to expel the club from the League. The problem at Bury, as I understand it, was that there was no credible way forward. As I noted on the Varney thread, the buyer will need to come to an accommodation with Duchâtelet and that’s likely to be the biggest hurdle. A rental agreement might be a way forward. Fingers crossed. If a rental agreement was put in place which offered an attractive yield, with the rental income having first claim on season ticket monies, say, then that rental income stream could be securitised and sold to investors, including fans. Duchatelet would get his money back and fans could help to save the club while earning a better yield than they're likely to get elsewhere. The buyer of the club gets it for a £1, but pays, say, £2m p.a. to play at the Valley and use Sparrows Lane. Duchatelet is off the scene. If you believe that the Trust have the expertise to think about something like this seriouslyred perhaps you could suggest it to them. |
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