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Post by wellingaddick on Aug 5, 2020 20:29:19 GMT
A 40,000 seat multi-purpose stadium? That's another way of saying an athletics stadium I assume. With a football pitch in the middle. It will be soulless, just like the London/Olympic stadium. So, it's quite amazing that ESI think they are going to find all these investors to stump up millions with their track record. |
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Post by Deleted on Aug 5, 2020 20:37:00 GMT
Its from last season. Just to fill in more detail. It was circulated by Nimer and Southall in January.
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Post by Deleted on Aug 5, 2020 20:38:06 GMT
What’s that? @lardiman Where has it come from? Is that Matt Southall’s January pitch book? If so, I’m not at all surprised. Nor am I surprised there were no takers. Or is it a spoof? It is part of a four page document that thevalleybest posted as a tweet, directly above my post. Some kind of brief prospectus/advert for potential investers in ESI? I screen-capped the two pages that had text on them and posted them, for easy reference. Shortly afterwards the tweet seemed to disappear from the post above mine, but I think it has just come back. The document doesn't look like a fake to me, but I'm no expert. |
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Post by Deleted on Aug 5, 2020 20:48:07 GMT
Here's a closer peek at that stadium...  Soulless doesn't begin to describe it. Can't see a running track. So not sure what the multi-purpose tag is for, unless its just corporate functions, restaurants and all that stuff. The big heat sink in the bottom right is presumably a hotel. |
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Post by Mundell on Aug 5, 2020 21:20:00 GMT
What’s that? @lardiman Where has it come from? Is that Matt Southall’s January pitch book? If so, I’m not at all surprised. Nor am I surprised there were no takers. Or is it a spoof? It is part of a four page document that thevalleybest posted as a tweet, directly above my post. Some kind of brief prospectus/advert for potential investers in ESI? I screen-capped the two pages that had text on them and posted them, for easy reference. Shortly afterwards the tweet seemed to disappear from the post above mine, but I think it has just come back. The document doesn't look like a fake to me, but I'm no expert. Thanks @lardiman The tweet wasn’t there when I first saw your post, but as you say it now seems to have reappeared. If this is genuine then I’m not at all surprised. When ESI first arrived on the scene my working assumption was that their strategy was to attract investors in order to fund a promotion winning squad. It was the only theory that made any real sense. The deception around the Private Office of Sheikh Saeed bin Tahnoun and the five-year masterplan were designed to give the impression of inevitable success and to create a ‘buy now while stocks last’ messaging. I suspect this strategy was sold by Southall to Nimer. Both saw a chance to get rich. There were two tiny snags with the strategy. First, there we no potential investors stupid enough to buy in. Second, much to Southall’s surprise, Nimer had no money of his own to fund the club while the search for investors was underway. I guess the question now is whether Elliott and his cronies have a similar plan in mind? |
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Post by clarky on Aug 5, 2020 21:41:34 GMT
It seems this is genuine and is an updated version of the one Southall was peddling.
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Post by seriouslyred on Aug 5, 2020 23:11:38 GMT
Any serious investor will ask:
1) what's your stake - your "hurt money" A: nil as they have no skin in the game
2) what's the budget to climb the league's and reach the EPL A: £100M cash for losses and transfers (accepted estimate before Covid-19)
3) what's your expertise running a football club A: not much and weve just been relegated!
Whether this is a spoof or real attempt, it's a spoof. And leaving the Valley sometime soon when it's purpose built and ready for the EPL appears to lack both vision and sensitivity to the CAFC usp
My fellow fans - Covid-19 is hitting the global economy big time - far, far bigger than the 2007-09 crash. It would be somewhat surprising if new money from somewhere on the globe buys in, especially to pay ESI stakeholders who simply have no track record.
My somewhat downbeat view of August outcomes is not changed by this latest development. Quite the reverse as it simply confirms the ESI gameplan.
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Post by observer on Aug 5, 2020 23:14:06 GMT
Who is Dillion Phillips?
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Post by Deleted on Aug 6, 2020 4:57:56 GMT
Credit to them though for getting Macaul ey Bonne's name right. Something a number of us fans struggle with. |
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Post by Deleted on Aug 6, 2020 6:43:14 GMT
This is an amateur, shockingly made prospectus that just shows how out of their depth ESI are. It is full of spelling mistakes and financial inaccuracies. The costs of the Academy have not even been factored in. I used to work in Corporate finance and if I got this prospectus I would first laugh, then throw it in the bin.
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Post by thevalleybest on Aug 6, 2020 7:32:11 GMT
Here's a closer peek at that stadium... Soulless doesn't begin to describe it. Can't see a running track. So not sure what the multi-purpose tag is for, unless its just corporate functions, restaurants and all that stuff. The big heat sink in the bottom right is presumably a hotel. How much a stadium like that would cost too bulid?.Also we can't even fill a 27,111 Valley. |
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Post by Deleted on Aug 6, 2020 7:50:09 GMT
This is an amateur, shockingly made prospectus that just shows how out of their depth ESI are. It is full of spelling mistakes and financial inaccuracies. The costs of the Academy have not even been factored in. I used to work in Corporate finance and if I got this prospectus I would first laugh, then throw it in the bin. You have to take into account that whoever made it up had his fingers crossed. |
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Post by clarky on Aug 6, 2020 7:58:22 GMT
This is an amateur, shockingly made prospectus that just shows how out of their depth ESI are. It is full of spelling mistakes and financial inaccuracies. The costs of the Academy have not even been factored in. I used to work in Corporate finance and if I got this prospectus I would first laugh, then throw it in the bin. It must be fraudulent as well as they are inviting investment on a package that cant work! |
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Post by Mundell on Aug 6, 2020 8:08:01 GMT
This is an amateur, shockingly made prospectus that just shows how out of their depth ESI are. It is full of spelling mistakes and financial inaccuracies. The costs of the Academy have not even been factored in. I used to work in Corporate finance and if I got this prospectus I would first laugh, then throw it in the bin. Spot on. And the design of the Stadium is hilarious. Where are the access points? There is no obvious way of getting to or into the Stadium!! |
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Post by Deleted on Aug 6, 2020 9:02:18 GMT
I read elsewhere the plan is to build it on the peninsula. Which may cause problems as there is no space on the peninsula for a football stadium. That boat sailed back in the day.
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Post by AndyAddick on Aug 6, 2020 9:08:00 GMT
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Post by Terrible Syrup on Aug 6, 2020 9:15:05 GMT
The ESI document leaked by the Farnell Twitter account last night is 100% accurate.
It was first used by ESI1 earlier this year, in a vain attempt to attract investors. It is now being used by the illegitimate bastard child of ESI1...ES12 (parents Southall and Nimer, midwife Richard Murray).
As is always the case with the ESI crew, its just as important to note what they are not saying, as much as the lies that come from their lips. Chris Farnell has e mailed a supporter overnight regarding the leaked document.
"Dear Sir, I have never seen this document before. Mr C.W Farnell".
Note - he doesn't deny its existence,or that it is genuine. Nor that other members of ESI could be using it. Just a very narrow and lawyerly comment that he hasn't seen it before.
After eight months of lie upon lie, which has culminated in a transfer embargo, an avoidable relegation, and now the distinct possibility of expulsion from the league by 12 September, its amazing to see that there is still a small hardcore of people apparently keen to give ESI a chance.
Perhaps confirmation of the genuineness of this latest document will bring these sorry stragglers into line ….or is it more important for them to define themselves against the 99% of our fanbase who are desperate for ESI to be kicked out?
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Post by petetongthereturn on Aug 6, 2020 9:29:56 GMT
More bull from this lot.
Give us a your money !! This reads.
1. ESI seems to have forgot that they owe £50million to Duchalete for The Valley & Training Ground.
2. Molden Wharf where I guess this fictious stadium is going to be is owned by the Chinese who have no plans for a stadium there..
3. Great selling our star assets again.
4. How much is this stadium going to cost?
Anyone who invests their money in this or season tickets might as well give it to me at least it will go to someone who loves the club not like ESI.
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Post by Deleted on Aug 6, 2020 9:33:36 GMT
The ESI document leaked by the Farnell Twitter account last night is 100% accurate. It was first used by ESI1 earlier this year, in a vain attempt to attract investors. It is now being used by the illegitimate bastard child of ESI1...ES12 (parents Southall and Nimer, midwife Richard Murray). As is always the case with the ESI crew, its just as important to note what they are not saying, as much as the lies that come from their lips. Chris Farnell has e mailed a supporter overnight regarding the leaked document. "Dear Sir, I have never seen this document before. Mr C.W Farnell". Note - he doesn't deny its existence,or that it is genuine. Nor that other members of ESI could be using it. Just a very narrow and lawyerly comment that he hasn't seen it before. After eight months of lie upon lie, which has culminated in a transfer embargo, an avoidable relegation, and now the distinct possibility of expulsion from the league by 12 September, its amazing to see that there is still a small hardcore of people apparently keen to give ESI a chance. Perhaps confirmation of the genuineness of this latest document will bring these sorry stragglers into line ….or is it more important for them to define themselves against the 99% of our fanbase who are desperate for ESI to be kicked out? Welcome to ITTV. Good post. |
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Post by aaronaldo on Aug 6, 2020 9:43:20 GMT
After eight months of lie upon lie, which has culminated in a transfer embargo, an avoidable relegation, and now the distinct possibility of expulsion from the league by 12 September, its amazing to see that there is still a small hardcore of people apparently keen to give ESI a chance. Perhaps confirmation of the genuineness of this latest document will bring these sorry stragglers into line ….or is it more important for them to define themselves against the 99% of our fanbase who are desperate for ESI to be kicked out? If there are 'supporters of ESI' as you say, then I'm yet to see them... I'm pretty certain everyone wants ESI out. Some are concerned with the impact of ESI leaving / being kicked out and what that will mean to the club, but that's a valid opinion. I don't see anyone speaking up to keep ESI. |
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Post by somerton on Aug 6, 2020 9:43:49 GMT
I just remembered what that stadium and model remind me of. The Millennium stadium Cardiff, I wonder if that was an early design model for it. That has to be fake news.
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Post by AndyAddick on Aug 6, 2020 9:48:06 GMT
I just remembered what that stadium and model remind me of. The Millennium stadium Cardiff, I wonder if that was an early design model for it. That has to be fake news. read the article i posted above from gsp.ro |
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Post by dartford36 on Aug 6, 2020 9:54:46 GMT
This is an amateur, shockingly made prospectus that just shows how out of their depth ESI are. It is full of spelling mistakes and financial inaccuracies. The costs of the Academy have not even been factored in. I used to work in Corporate finance and if I got this prospectus I would first laugh, then throw it in the bin. Spot on. And the design of the Stadium is hilarious. Where are the access points? There is no obvious way of getting to or into the Stadium!! By boat, of course🤣 |
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Post by stanley on Aug 6, 2020 10:04:04 GMT
This is an amateur, shockingly made prospectus that just shows how out of their depth ESI are. It is full of spelling mistakes and financial inaccuracies. The costs of the Academy have not even been factored in. I used to work in Corporate finance and if I got this prospectus I would first laugh, then throw it in the bin. Spot on. And the design of the Stadium is hilarious. Where are the access points? There is no obvious way of getting to or into the Stadium!! Thats just a scheme/concept model though. It's not supposed to be that detailed. They are created very early in a `job' for the sake of fancy images and proposal reports. When a job is commissioned and deliverable contracts signed, then through development more detailed complex models are created. |
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Post by kings hill addick on Aug 6, 2020 11:18:46 GMT
That model reminds me of the model of The Valley that was on show at an open day the training ground back in the late 80s or early 90s - I can't remember exactly when but it was when I was at university.
I remember looking at that model for hours - I took many photo's while I was there. We were playing at Selhurst at the time and and it looked like an out of reach dream. It was different, but not massively so, to what The Valley looks like today, and it rekindles in me just how much I loved football and Charlton back in those days. It also makes me grateful for The Valley that we have today.
I also remember a friend of mine, who was prominent in the Back to The Valley campaign making a comment after we beat Bristol City in the FA Cup replay in 1994 to win a Quarter-Final at Old Trafford. He said that this was what all the efforts to get back to The Valley were for. I'll never forget that! Even though he wasn't wrong, within five years we were playing in the Premier League in a sold out stadium.
All the shit that fans have been through in the last five or six years has taken it's toll. However, for me personally, I think that not being able to go to games, and specifically The Valley* for the longest period since I was ten has made me feel less 'involved' with football.
This document, all be it that it was never a real prospectus for raising money (even if those that put it together thought it was) has, probably, reminded me that my association with Charlton is, mainly about my relationship with m Dad, but is about being at The Valley.
I'm still not planning on putting any money into the hands of ESI, and I'm absolutely not paying in advance for games that will have to be played behind closed doors, but I'm not finished at a Charlton fan, and the club will always 'belong' to the fans, irrespective as to who's named on the title deeds etc.
* I know that for seven of the years we played elsewhere but The Valley was always the home of the club.
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Post by Mundell on Aug 6, 2020 12:24:05 GMT
Spot on. And the design of the Stadium is hilarious. Where are the access points? There is no obvious way of getting to or into the Stadium!! Thats just a scheme/concept model though. It's not supposed to be that detailed. They are created very early in a `job' for the sake of fancy images and proposal reports. When a job is commissioned and deliverable contracts signed, then through development more detailed complex models are created. Fair enough. You’re right, of course. However, this simply means that the proposed real estate play is a fantasy with very little substance at this stage. The pitch is incredibly naive, but it does fit with something Nimer said in an article in the match day programme shortly after the takeover was announced. At the time he was positioned as a private equity investor and said that buying Charlton was ‘just like any other investment he’d made’, or words to that effect. It clearly wasn’t, unless he meant that the plan was to ‘puff up’ an idea, sell it to investors and then use their money to make it work. The six per cent yield implied some form of security of payback, the core idea was to win promotion to the promised land of the Premier League, and, I suspect, the real estate play was simply option value designed to appeal to greedy investors. The entire proposition was a fantasy, but I guess the idea was to suggest that Nimer was fabulously wealthy, or was acting on behalf of someone who was, so that success was very likely, making additional capital contributions very attractive. The flat and the range rovers were all part of the act. Southall probably thought he’d struck gold, but it all went pear-shaped when it became clear that Nimer was potless. It seems Nimer conned everybody. It’s extraordinary that Duchâtelet appears to have accepted his personal guarantee. Remarkably, it seems that, for once, it was only the EFL which refused to be hoodwinked. |
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Post by thevalleybest on Aug 6, 2020 15:50:57 GMT
Another day goes by and the ownership not sorted.
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Post by aaronaldo on Aug 6, 2020 15:55:20 GMT
Thats just a scheme/concept model though. It's not supposed to be that detailed. They are created very early in a `job' for the sake of fancy images and proposal reports. When a job is commissioned and deliverable contracts signed, then through development more detailed complex models are created. Fair enough. You’re right, of course. However, this simply means that the proposed real estate play is a fantasy with very little substance at this stage. The pitch is incredibly naive, but it does fit with something Nimer said in an article in the match day programme shortly after the takeover was announced. At the time he was positioned as a private equity investor and said that buying Charlton was ‘just like any other investment he’d made’, or words to that effect. It clearly wasn’t, unless he meant that the plan was to ‘puff up’ an idea, sell it to investors and then use their money to make it work. The six per cent yield implied some form of security of payback, the core idea was to win promotion to the promised land of the Premier League, and, I suspect, the real estate play was simply option value designed to appeal to greedy investors. The entire proposition was a fantasy, but I guess the idea was to suggest that Nimer was fabulously wealthy, or was acting on behalf of someone who was, so that success was very likely, making additional capital contributions very attractive. The flat and the range rovers were all part of the act. Southall probably thought he’d struck gold, but it all went pear-shaped when it became clear that Nimer was potless. It seems Nimer conned everybody. It’s extraordinary that Duchâtelet appears to have accepted his personal guarantee. Remarkably, it seems that, for once, it was only the EFL which refused to be hoodwinked. The whole thing is a fantasy. Talking about investment opportunities in footy, essentially on the off chance we make it to the prem. Might as well get them to invest in you putting everything on "Black" at the casino. Better odds on a return. |
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Post by zenga on Aug 6, 2020 22:52:09 GMT
The ESI document leaked by the Farnell Twitter account last night is 100% accurate. It was first used by ESI1 earlier this year, in a vain attempt to attract investors. It is now being used by the illegitimate bastard child of ESI1...ES12 (parents Southall and Nimer, midwife Richard Murray). It was first used - or at least a variation - back in september 2019, at an investment fund conference. |
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Post by thevalleybest on Aug 7, 2020 13:04:12 GMT
EFL reject ESI mark 2 on twitter.
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