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Post by richmondse10exile on Feb 27, 2023 23:52:07 GMT
Friedman is 100% true. The mystery guy wants to remain just that but is said to be the wealthier of the three by some distance despite looking like he is the one with just over 16%. So Clear Ocean Capital would have an ownership of Brener(s) on 24.4% Friedman on 24.4% Mystery Guy on 16.3% CM with the biggest slice of the pie (just) on 24.9% TS on 10% With no one in the Delaware company owning a controlling stake in it I would hope that either the new Clear Ocean or both the CAFC companies get decent management teams.
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Post by anthony55 on Feb 28, 2023 0:32:12 GMT
I've not posted much on here lately as I haven't got a clue what's going on behind the scenes. One thing I have noticed is that a couple of new posters are definitely Wums.
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Post by Deleted on Feb 28, 2023 0:33:28 GMT
What do you mean poking and prodding ? I was asking questions about information which had been distributed an this site. What on earth is wrong with that - it’s exactly what should be happening on a forum isn’t it ? As I said, I will continue to ask questions if I don’t think that something is correct and people can either answer or not, that’s up to them. But don’t start telling me what I can and can’t ask. If you can’t take the scrutiny then I guess you’ll go ahead and ban me, but unlike others I’m not so easily scared off and won’t stop posting as long as I’m a member on here, just because you don’t like it. Fella this is your final warning. Posting stuff like 'If you don't like the scrutiny'! Who the fuck do you think you are, nobody is answerable to you. We all know as much as you do. Marc Spiegel tweeted two weeks ago that he had basically bought the club before hastily removing it. Since then he's disappeared, resurfacing last week behind the scenes looking around for investment which I am told included speaking to Peter Varney. Nothing wrong with you not thinking something is correct but if you are going to dismiss something out of hand prove to us it's wrong with hard evidence. You are quick enough asking for it yourself. If you post a statement, which I reasonably (and with a lot of knowledge of the subject area) find hard to believe and ask you if you are able to get back to the person who gave you that information to ask how they could possibly come by it (as I 100% accept that you are not just making it up) and you won’t/can’t it doesn’t then put the onus on me to prove it’s wrong. You posted the information not me. Its like me asking you to prove that you don’t own a Ford Escort. If you don’t then you don’t, but you can’t actually prove it. On the other hand if you do then you can easily prove it. I’m asking you to provide some evidence for something that you are saying is 200% true, but it appears now you are only saying that because of something someone had told you. And I think that that person or maybe someone else who told that person is lying. NOT NOT NOT that you are lying. And the reason this is so important is that if this person who is is lying is connected to the consortium somehow (and I have never said or believed that you are talking directly to CM) then that means that the consortium are not trustworthy which is surely a good thing to have unearthed.
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Post by winequaffer on Feb 28, 2023 1:29:01 GMT
Global football partnership does exist. A copy appears on another site. Problem is it is expensive to view details of directors. It is registered in Caymans.
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Post by Deleted on Feb 28, 2023 7:44:51 GMT
CM owning nearly a 1/4 of the club, no thanks.
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Post by reamsofverse on Feb 28, 2023 8:06:06 GMT
CM owning nearly a 1/4 of the club, no thanks. I dont believe the 24.9% stake is his alone. Not a chance.
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Post by clarky on Feb 28, 2023 8:20:38 GMT
CM owning nearly a 1/4 of the club, no thanks. I dont believe the 24.9% stake is his alone. Not a chance. I agree, I suspect Lengahan and Warrick are somewhat involved together with a host of smaller investors which amounts to 24.9% with Methven holding the highest percentage in that stake.
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Post by reamsofverse on Feb 28, 2023 8:22:38 GMT
I dont believe the 24.9% stake is his alone. Not a chance. I agree, I suspect Lengahan and Warrick are somewhat involved together with a host of smaller investors which amounts to 24.9% with Methven holding the highest percentage in that stake. That's exactly it clarky.
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Post by appyaddick on Feb 28, 2023 8:39:07 GMT
I agree, I suspect Lengahan and Warrick are somewhat involved together with a host of smaller investors which amounts to 24.9% with Methven holding the highest percentage in that stake. That's exactly it clarky. Maybe CM can give us a view of how the 24.9% is made up? He said he had a small holding, maybe there is an element of truth in that and as per Clarky the others are also chipping in. Not sure 24.9% is a good thing with the CM group, they would have the controlling interest...
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Post by webbo on Feb 28, 2023 9:50:26 GMT
Apparently some kind of truth will come out tomorrow..
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Post by Deleted on Feb 28, 2023 9:55:06 GMT
Apparently some kind of truth will come out tomorrow.. Has it been stated as that I.e. the truth will come out. From experience when someone says something like that, or “to be honest with you” it tends to be a smokescreen for a lie 🙄
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Post by jonkool on Feb 28, 2023 10:10:47 GMT
That's exactly it clarky. Maybe CM can give us a view of how the 24.9% is made up? He said he had a small holding, maybe there is an element of truth in that and as per Clarky the others are also chipping in. Not sure 24.9% is a good thing with the CM group, they would have the controlling interest... Sorry I may be misunderstanding your message but 24.9% by itself is not a controlling interest. Furthermore it is my understanding under UK law a holder of less than 25% cannot even block a winding up order issued by other shareholders who individually or with others have a controlling interest. Looking at the John Bull created ‘mystery’ share structure document it doesn’t add up and in any real life structure many of the shares would be owned by other entities both in UK and offshore which would allow for potentially a greater number of interested parties. The document is all part of a WUM’s idea of a joke.
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Post by 1978sussex on Feb 28, 2023 10:16:05 GMT
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Post by squareball on Feb 28, 2023 10:20:35 GMT
I dont believe the 24.9% stake is his alone. Not a chance. I agree, I suspect Lengahan and Warrick are somewhat involved together with a host of smaller investors which amounts to 24.9% with Methven holding the highest percentage in that stake. Is that the same warrick who thinks a club losing £6m a year isn’t suffering a cash problem?
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Post by aaronaldo on Feb 28, 2023 10:21:59 GMT
So this is the 'Truth' Webbo (and Reams) mentioned. Popcorn at the ready..
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Post by richmondse10exile on Feb 28, 2023 10:25:40 GMT
I've not posted much on here lately as I haven't got a clue what's going on behind the scenes. One thing I have noticed is that a couple of new posters are definitely Wums. Just spent 10 minutes looking up WUMS. It took a while but I've learnt a new FLA.
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Post by earlpurple on Feb 28, 2023 10:26:49 GMT
I have no idea why he'd get 25% if other people are putting in the 10m. What means his gain is around 2.5m
I have no idea why big American businessmen would want to "invest" in any English football club when there is no profit in doing so. There may be a gain from some advertising revenue if we progress to a higher level and thus are on TV a lot.
It's clear that Charlton are being run terribly, but then we were under Roland as a result of which we went from mid-table Championship in 2014-15 to mid-table League One in 2016-17 but eventually he improved things a bit and we went back up, so maybe TS thinks he can do the same with Spiegel's money because he doesn't have enough of his own, but I still see other clubs managing way above where we are and wonder where they found their owners and management teams. Do they have the multi-millionaire owners we don't have?
Ok, we know Millwall are being well run and are in the play-off places. So are Luton, who came up with us and just survived the drop when we went down. Rotherham have been a yo-yo team but will probably stay up this season. So how come them and not us? Methven was clearly right that we are being very badly managed.
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Post by valleydobson1 on Feb 28, 2023 10:31:59 GMT
End of the month today.
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Post by clarky on Feb 28, 2023 10:32:04 GMT
Maybe CM can give us a view of how the 24.9% is made up? He said he had a small holding, maybe there is an element of truth in that and as per Clarky the others are also chipping in. Not sure 24.9% is a good thing with the CM group, they would have the controlling interest... Sorry I may be misunderstanding your message but 24.9% by itself is not a controlling interest. Furthermore it is my understanding under UK law a holder of less than 25% cannot even block a winding up order issued by other shareholders who individually or with others have a controlling interest. Looking at the John Bull created ‘mystery’ share structure document it doesn’t add up and in any real life structure many of the shares would be owned by other entities both in UK and offshore which would allow for potentially a greater number of interested parties. The document is all part of a WUM’s idea of a joke. Yes it is wrong to say they have the controlling interest what is right is that the CM group will have the highest percentage stake but you would think that the three Americans would stick together on any vote! It could be a wind up but Warrick and Methven were S7 partners and Lenaghan has been at The Valley with Methven. I am sure Reams mentioned that there would be smaller investors weighing in with 250k each and all three of those people plus Rodwell were allegedly mentioned in the Texas Prospectus looking for $75k investors. They only have to raise just above 2 million between them for the 24.9% and I suspect Methvens windfall from Sunderland would more than cover that.
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Post by Deleted on Feb 28, 2023 10:46:48 GMT
Guess your source is a liar then? ibb.co/HCF46H5Edit: Mate you're getting toyed with by Methven. Is that on Company’s House. If not where did you get it from? That diagram of the proposed new structure is such an amazing find and revelation. Apart from the fact that is, that either of my two daughters, given some names, could have produced it in about 10 minutes. Oh and the fact that there’s no verifiable information as to its authenticity. Oh and the fact that it was accidentally tagged into an email stream sent to someone, somewhere from someone, somewhere else. And finally the fact that it’s from a hosting website, meaning it’s origin isn’t traceable. Jesus. Reams I think you might have nailed this one when you revealed the history of this new poster. It could be anyone just on a wind up. Have they posted before on this or any other forum ? Now don’t get me wrong, if it is true then it is very worrying that Methven might have a lot more control than he was saying and that has been very well discussed by several posters before me. However personally I will not believe the validity of the diagram unless and until the person posting it produces some evidence of its origin. Just because someone says something over and over again it does not gradually become more true. As much as some people like to think I’m a TS supporter and giving this diagram some credence could easily make TS’s position seem not so bad, I’m afraid I simply don’t believe it is authentic. However, as always if evidence can be produced to prove otherwise then I will re-evaluate. In the meantime I shall carry on breathing normally.
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Post by 1978sussex on Feb 28, 2023 10:52:38 GMT
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Post by 1978sussex on Feb 28, 2023 10:53:06 GMT
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Post by jonkool on Feb 28, 2023 11:04:17 GMT
I have no idea why he'd get 25% if other people are putting in the 10m. What means his gain is around 2.5m I have no idea why big American businessmen would want to "invest" in any English football club when there is no profit in doing so. There may be a gain from some advertising revenue if we progress to a higher level and thus are on TV a lot. It's clear that Charlton are being run terribly, but then we were under Roland as a result of which we went from mid-table Championship in 2014-15 to mid-table League One in 2016-17 but eventually he improved things a bit and we went back up, so maybe TS thinks he can do the same with Spiegel's money because he doesn't have enough of his own, but I still see other clubs managing way above where we are and wonder where they found their owners and management teams. Do they have the multi-millionaire owners we don't have? Ok, we know Millwall are being well run and are in the play-off places. So are Luton, who came up with us and just survived the drop when we went down. Rotherham have been a yo-yo team but will probably stay up this season. So how come them and not us? Methven was clearly right that we are being very badly managed. Yes us fans have to be conscious of the financial logic of investing in a perennial loss making tier 3 English football club. But it’s already happened with Ipswich and I understand that one of their investors include a US Teachers pension fund. Pension funds, endowments and other such investors are looking for income from fixed interest low risk investments such as UK gilts and US Treasury Bonds. The knock on effect of a post 2008/9 banking crisis policy of zero interest rates and QE resulted in minimal income and so pension funds and endowments looked at other non listed investments including commercial property and other illiquid investments that generated higher income compensation. Relatively small payments are required to purchase CAFC and other tier 3 clubs and so the strategy is buy low get into tier 2 asap and then look for the greater fool to take it off your hands for a higher price. Financial engineering over the past 30 years is more akin to a casino and as an aside a lot of the illiquid property investments may well be considerably marked down in value as recession hits the western world this year. So if TS wants to do a deal I reckon he should get his skates on before the next financial squeeze is upon us. But then again our great owner knows best!
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Post by reamsofverse on Feb 28, 2023 11:13:39 GMT
I hope we can put this to bed now. I have said from day one that CM would have a small percentage and the Americans would be the main men. In a way I am pleased that they are going to walk away from buying the club given the abuse they have had. Time for Charlton fans to see what's coming their way instead and it won't be pretty. Im done if Sandgaard and Spiegel are the future if CAFC. Best to walk than land myself in trouble over a plastic yank. I will never back him, quite the opposie infact. So for all you CM haters out there, take a bow. You are right up there with the bully boys who forced Duchatelet out. Love or loath either man they would have done more for our future than idiot & son and an invester who goes bragging on twitter while scratching around to get other people on board. I hope they both RD and CM sue Duchatelet for what is rightfully theirs. Time the Duchatelet's made certain things known.
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Post by reamsofverse on Feb 28, 2023 11:19:57 GMT
Is that on Company’s House. If not where did you get it from? That diagram of the proposed new structure is such an amazing find and revelation. Apart from the fact that is, that either of my two daughters, given some names, could have produced it in about 10 minutes. Oh and the fact that there’s no verifiable information as to its authenticity. Oh and the fact that it was accidentally tagged into an email stream sent to someone, somewhere from someone, somewhere else. And finally the fact that it’s from a hosting website, meaning it’s origin isn’t traceable. Jesus. Reams I think you might have nailed this one when you revealed the history of this new poster. It could be anyone just on a wind up. Have they posted before on this or any other forum ? Now don’t get me wrong, if it is true then it is very worrying that Methven might have a lot more control than he was saying and that has been very well discussed by several posters before me. However personally I will not believe the validity of the diagram unless and until the person posting it produces some evidence of its origin. Just because someone says something over and over again it does not gradually become more true. As much as some people like to think I’m a TS supporter and giving this diagram some credence could easily make TS’s position seem not so bad, I’m afraid I simply don’t believe it is authentic. However, as always if evidence can be produced to prove otherwise then I will re-evaluate. In the meantime I shall carry on breathing normally. Think your theory has been blown out of the water ubedizzy by Crawley. Please don't ask him for proof. 😄
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Post by Deleted on Feb 28, 2023 11:31:39 GMT
That diagram of the proposed new structure is such an amazing find and revelation. Apart from the fact that is, that either of my two daughters, given some names, could have produced it in about 10 minutes. Oh and the fact that there’s no verifiable information as to its authenticity. Oh and the fact that it was accidentally tagged into an email stream sent to someone, somewhere from someone, somewhere else. And finally the fact that it’s from a hosting website, meaning it’s origin isn’t traceable. Jesus. Reams I think you might have nailed this one when you revealed the history of this new poster. It could be anyone just on a wind up. Have they posted before on this or any other forum ? Now don’t get me wrong, if it is true then it is very worrying that Methven might have a lot more control than he was saying and that has been very well discussed by several posters before me. However personally I will not believe the validity of the diagram unless and until the person posting it produces some evidence of its origin. Just because someone says something over and over again it does not gradually become more true. As much as some people like to think I’m a TS supporter and giving this diagram some credence could easily make TS’s position seem not so bad, I’m afraid I simply don’t believe it is authentic. However, as always if evidence can be produced to prove otherwise then I will re-evaluate. In the meantime I shall carry on breathing normally. Think your theory has been blown out of the water ubedizzy by Crawley. Please don't ask him for proof. 😄 As I said at the end of my post, if evidence is produced to confirm validity of the diagram I’m happy to re-evaluate. Perhaps that will come tomorrow, perhaps it won’t. Either way I won’t be disappointed as I have no agenda apart from finding out the truth 🤝
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Post by Deleted on Feb 28, 2023 11:32:00 GMT
I hope we can put this to bed now. I have said from day one that CM would have a small percentage and the Americans would be the main men. In a way I am pleased that they are going to walk away from buying the club given the abuse they have had. Time for Charlton fans to see what's coming their way instead and it won't be pretty. Im done if Sandgaard and Spiegel are the future if CAFC. Best to walk than land myself in trouble over a plastic yank. I will never back him, quite the opposie infact. So for all you. CM haters out there, take a bow. You are right up there with the bully boys who forced Duchatelet out. Love or loath either man they would have done more for our future than idiot & son and an invester who goes bragging on twitter while scratching around to get other people on board. I hope they both RD and CM sue Duchatelet for what is rightfully theirs. Time the Duchatelet's made certain things known. They are not walking away from the club, Sandgaard is not selling to them, there is a difference. I hate to sound like Seriously Red but let us wait to see what Methven’s statement says. For me going forward any takeover should be for 100 per cent of the Share Capital. To grow as a Club Sandgaard should ride off into the Sunset with his Fender Stratocaster and never be seen in SE7 again.
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Post by wellingaddick on Feb 28, 2023 11:39:26 GMT
I agree, I suspect Lengahan and Warrick are somewhat involved together with a host of smaller investors which amounts to 24.9% with Methven holding the highest percentage in that stake. Is that the same warrick who thinks a club losing £6m a year isn’t suffering a cash problem? What Warrick said was that the club did not need funding for February. Presumably the League cup run, the monies from the transfers of Stockley and O'Connell and the EFL central payment (half is paid in January) contributed to that.
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Post by Deleted on Feb 28, 2023 11:42:06 GMT
I hope we can put this to bed now. I have said from day one that CM would have a small percentage and the Americans would be the main men. In a way I am pleased that they are going to walk away from buying the club given the abuse they have had. Time for Charlton fans to see what's coming their way instead and it won't be pretty. Im done if Sandgaard and Spiegel are the future if CAFC. Best to walk than land myself in trouble over a plastic yank. I will never back him, quite the opposie infact. So for all you. CM haters out there, take a bow. You are right up there with the bully boys who forced Duchatelet out. Love or loath either man they would have done more for our future than idiot & son and an invester who goes bragging on twitter while scratching around to get other people on board. I hope they both RD and CM sue Duchatelet for what is rightfully theirs. Time the Duchatelet's made certain things known. They are not walking away from the club, Sandgaard is not selling to them, there is a difference. I hate to sound like Seriously Red but let us wait to see what Methven’s statement says. For me going forward any takeover should be for 100 per cent of the Share Capital. To grow as a Club Sandgaard should ride off into the Sunset with his Fender Stratocaster and never be seen in SE7 again. Will his statement make any difference? Doubt it he's a serial bullshitter same as Sandguarrd .
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Post by Deleted on Feb 28, 2023 11:55:57 GMT
They are not walking away from the club, Sandgaard is not selling to them, there is a difference. I hate to sound like Seriously Red but let us wait to see what Methven’s statement says. For me going forward any takeover should be for 100 per cent of the Share Capital. To grow as a Club Sandgaard should ride off into the Sunset with his Fender Stratocaster and never be seen in SE7 again. Will his statement make any difference? Doubt it he's a serial bullshitter same as Sandguarrd . Exactly - it depends what he says rather than just the fact he’s said he’s going to say something. Cawley was very careful to emphasise that each party were just making claims and that nothing had been proven on either side.
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