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Post by clarky on Mar 1, 2023 15:29:26 GMT
Has anyone seen the statement? It was in the SLP but was taken down fairly quickly, certainly before I could read it.
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Post by reamsofverse on Mar 1, 2023 15:31:51 GMT
Has anyone seen the statement? It was in the SLP but was taken down fairly quickly, certainly before I could read it. Just noticed that mate. Went to copy and paste it onto here then it was gone. Strange. |
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Post by valleyred1 on Mar 1, 2023 15:33:45 GMT
Has anyone seen the statement? It was in the SLP but was taken down fairly quickly, certainly before I could read it. Just noticed that mate. Went to copy and paste it onto here then it was gone. Strange. |
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Post by newstreethill on Mar 1, 2023 15:38:38 GMT
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Post by wiggyatthebackpost on Mar 1, 2023 15:50:03 GMT
Sandgaard is a two bob snake oil salesman.I know which side I believe, Sandgaards lie through there teeth as we all know.
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Post by reamsofverse on Mar 1, 2023 15:57:02 GMT
Is that it?
Well it's word for word what we have all being saying on here for the last month but I really expected it to include a lot more than what it has.
What type of delusional co-owner must Spiegel be if he has approached Peter Varney and Methven's American investors to see if they would be interested in his deal?! I know I'm going over old ground here but he's going through the American version of the yellow pages to try and get people on board. Given his own wealth how can he expect people to put in what he can't afford to? TS will never get the deal offered by this group from Spiegel & friends.
I honestly for the club, I really do.
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Post by valleydobson1 on Mar 1, 2023 15:58:10 GMT
What happens now?.
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Post by cafcscp on Mar 1, 2023 16:02:23 GMT
Is that it? Well it's word for word what we have all being saying on here for the last month but I really expected it to include a lot more than what it has. What type of delusional co-owner must Spiegel be if he has approached Peter Varney and Methven's American investors to see if they would be interested in his deal?! I know I'm going over old ground here but he's going through the American version of the yellow pages to try and get people on board. Given his own wealth how can he expect people to put in what he can't afford to? TS will never get the deal offered by this group from Spiegel & friends. I honestly for the club, I really do. Hopefully Sandgaard goes crawling back and soon. If he lost patience with them then he’s going to give Spiegel even less time i should imagine |
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Post by reamsofverse on Mar 1, 2023 16:02:51 GMT
Sandgaard is a two bob snake oil salesman.I know which side I believe, Sandgaards lie through there teeth as we all know. So it looks like we are stuck with somebody who owes a former owner £17m with another £33m to follow and likes to tell porkies. His blonde bit who bullied staff into tears which caused them to leave their jobs, and a geezer who thinks he's Hot shot Hamish!. |
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Post by reamsofverse on Mar 1, 2023 16:03:41 GMT
Just start counting the days I suppose. |
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Post by valleydobson1 on Mar 1, 2023 16:09:55 GMT
Just start counting the days I suppose. For Spiegel?. |
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Post by houndal on Mar 1, 2023 16:17:11 GMT
Just start counting the days I suppose. To admin? |
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Post by clarky on Mar 1, 2023 16:19:21 GMT
So am I reading this correctly. A SPA was agreed whereby the American consortium had to pay 90% of the running costs, but that document was not signed, so probably not legally enforceable. Because the SMT need to pass the EFL tests, and hadn't, by signing the SPA they would have got into trouble with the EFL, similar to what is happening at Birmingham. So any money they put in to cover the running costs will not be legally repayable as the SPA was not signed.
Meanwhile they are fighting over the 300k (not circa 1m as has been widely reported) refundable or non refundable deposit and are seeking compensation for wasted time.
This has nothing to do with the club and won't stop any future take over or investment as was also reported earlier.
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Post by reamsofverse on Mar 1, 2023 16:26:41 GMT
So am I reading this correctly. A SPA was agreed whereby the American consortium had to pay 90% of the running costs, but that document was not signed, so probably not legally enforceable. Because the SMT need to pass the EFL tests, and hadn't, by signing the SPA they would have got into trouble with the EFL, similar to what is happening at Birmingham. So any money they put in to cover the running costs will not be legally repayable as the SPA was not signed. Meanwhile they are fighting over the 300k (not circa 1m as has been widely reported) refundable or non refundable deposit and are seeking compensation for wasted time. This has nothing to do with the club and won't stop any future take over or investment as was also reported earlier. It's Cawley saying they paid £300k not Methven, I don't think CM has stated how much they paid but I was told £1m so as far as Im concerned that's what it was. I'm not sure I agree with how you have read that but it also states that TS failed to pay the agree 10% of running costs, something he's very good at and I think it's the going forward with him still heavily involved that has most red flags. Pleased the buyers have walked to be honest. Makes you wonder what shite Spiegel has been fed to get involved. |
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Post by leedsaddick on Mar 1, 2023 16:30:44 GMT
For those of you who may have struggled to read the attachement, here's the link to the Charlton Dossier twitter post
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Post by wiggyatthebackpost on Mar 1, 2023 16:31:39 GMT
TS has no interest in getting what's best for Charlton. He's only interested in what's best for himself. He has let potential Billionaires walk away for the sake of more money for himself. The other guy has even less then Sandgaard how the hell can that be a good thing.Love him or hate him Methven had bought Billionaires to the table.
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Post by theslambert on Mar 1, 2023 16:31:59 GMT
Sandgaard is a two bob snake oil salesman.I know which side I believe, Sandgaards lie through there teeth as we all know. So it looks like we are stuck with somebody who owes a former owner £17m with another £33m to follow and likes to tell porkies. His blonde bit who bullied staff into tears which caused them to leave their jobs, and a geezer who thinks he's Hot shot Hamish!. I know this £17m figure is getting spread around, but has anyone posted any evidence... Aside from an old ESI deal that surely isn't in effect anymore? |
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Post by houndal on Mar 1, 2023 16:35:16 GMT
So am I reading this correctly. A SPA was agreed whereby the American consortium had to pay 90% of the running costs, but that document was not signed, so probably not legally enforceable. Because the SMT need to pass the EFL tests, and hadn't, by signing the SPA they would have got into trouble with the EFL, similar to what is happening at Birmingham. So any money they put in to cover the running costs will not be legally repayable as the SPA was not signed. Meanwhile they are fighting over the 300k (not circa 1m as has been widely reported) refundable or non refundable deposit and are seeking compensation for wasted time. This has nothing to do with the club and won't stop any future take over or investment as was also reported earlier. It's Cawley saying they paid £300k not Methven, I don't think CM has stated how much they paid but I was told £1m so as far as Im concerned that's what it was. I'm not sure I agree with how you have read that but it also states that TS failed to pay the agree 10% of running costs, something he's very good at and I think it's the going forward with him still heavily involved that has most red flags. Pleased the buyers have walked to be honest. Makes you wonder what shite Spiegel has been fed to get involved. Which brings me back to a previous point. Who is paying March bills onward? Clearly not Sandgaard as you point out. |
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Post by reamsofverse on Mar 1, 2023 16:37:19 GMT
So it looks like we are stuck with somebody who owes a former owner £17m with another £33m to follow and likes to tell porkies. His blonde bit who bullied staff into tears which caused them to leave their jobs, and a geezer who thinks he's Hot shot Hamish!. I know this £17m figure is getting spread around, but has anyone posted any evidence... Aside from an old ESI deal that surely isn't in effect anymore? Yes plenty and confirmed ex-directors so we'll leave it there, nobody is going to prove it on here because they don't have to, you either believe it or you don't. |
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Post by theslambert on Mar 1, 2023 16:38:09 GMT
I know this £17m figure is getting spread around, but has anyone posted any evidence... Aside from an old ESI deal that surely isn't in effect anymore? Yes plenty and confirmed ex-directors so we'll leave it there, nobody is going to prove it on here because they don't have to, you either believe it or you don't. lol |
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Post by wiggyatthebackpost on Mar 1, 2023 16:41:04 GMT
It's Cawley saying they paid £300k not Methven, I don't think CM has stated how much they paid but I was told £1m so as far as Im concerned that's what it was. I'm not sure I agree with how you have read that but it also states that TS failed to pay the agree 10% of running costs, something he's very good at and I think it's the going forward with him still heavily involved that has most red flags. Pleased the buyers have walked to be honest. Makes you wonder what shite Spiegel has been fed to get involved. Which brings me back to a previous point. Who is paying March bills onward? Clearly not Sandgaard as you point out. Probably the other guy see a pattern here |
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Post by clarky on Mar 1, 2023 16:44:34 GMT
So am I reading this correctly. A SPA was agreed whereby the American consortium had to pay 90% of the running costs, but that document was not signed, so probably not legally enforceable. Because the SMT need to pass the EFL tests, and hadn't, by signing the SPA they would have got into trouble with the EFL, similar to what is happening at Birmingham. So any money they put in to cover the running costs will not be legally repayable as the SPA was not signed. Meanwhile they are fighting over the 300k (not circa 1m as has been widely reported) refundable or non refundable deposit and are seeking compensation for wasted time. This has nothing to do with the club and won't stop any future take over or investment as was also reported earlier. It's Cawley saying they paid £300k not Methven, I don't think CM has stated how much they paid but I was told £1m so as far as Im concerned that's what it was. I'm not sure I agree with how you have read that but it also states that TS failed to pay the agree 10% of running costs, something he's very good at and I think it's the going forward with him still heavily involved that has most red flags. Pleased the buyers have walked to be honest. Makes you wonder what shite Spiegel has been fed to get involved. See where you are coming from re TS failing to pay his agreed 10%. I suppose because of the Man Utd money and transfer fees received nobody had to fund running costs as that money would have covered it. |
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Post by theslambert on Mar 1, 2023 16:46:24 GMT
It's Cawley saying they paid £300k not Methven, I don't think CM has stated how much they paid but I was told £1m so as far as Im concerned that's what it was. I'm not sure I agree with how you have read that but it also states that TS failed to pay the agree 10% of running costs, something he's very good at and I think it's the going forward with him still heavily involved that has most red flags. Pleased the buyers have walked to be honest. Makes you wonder what shite Spiegel has been fed to get involved. See where you are coming from re TS failing to pay his agreed 10%. I suppose because of the Man Utd money and transfer fees received nobody had to fund running costs as that money would have covered it. Is there an accounting style that only cares about "today" and not "financial outlook"? Regardless of coffers, the club is operating at a loss. |
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Post by clarky on Mar 1, 2023 16:54:16 GMT
TS has no interest in getting what's best for Charlton. He's only interested in what's best for himself. He has let potential Billionaires walk away for the sake of more money for himself. The other guy has even less then Sandgaard how the hell can that be a good thing.Love him or hate him Methven had bought Billionaires to the table. I can't disagree with this but Isn't the 3 billionaires a bit of a red herring as their wealth is irrelevant as individually they would only have to invest what the CM Cayman group can afford to put in? CM was probably the largest stakeholder within the group and isn't particularly wealthy so I am not sure how many millions the americans would have or want to put in? |
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Post by newstreethill on Mar 1, 2023 16:55:20 GMT
TS has no interest in getting what's best for Charlton. He's only interested in what's best for himself. He has let potential Billionaires walk away for the sake of more money for himself. The other guy has even less then Sandgaard how the hell can that be a good thing.Love him or hate him Methven had bought Billionaires to the table. What concerns me is that if they really were that wealthy they would have just bought the club, wouldn't they? What happened during the period of exclusivity to stop them completing, or at least contracting. It's all quite mysterious. Were they really outbid by Spiegel, who doesn't seem to be all that minted? |
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Post by clarky on Mar 1, 2023 16:59:38 GMT
See where you are coming from re TS failing to pay his agreed 10%. I suppose because of the Man Utd money and transfer fees received nobody had to fund running costs as that money would have covered it. Is there an accounting style that only cares about "today" and not "financial outlook"? Regardless of coffers, the club is operating at a loss. But it wasn't operating at a loss in the weeks in question as alluded to by Warrick. The financial outlook would only have come into play if this particular deal progressed which it didn't. |
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Post by clarky on Mar 1, 2023 17:05:19 GMT
TS has no interest in getting what's best for Charlton. He's only interested in what's best for himself. He has let potential Billionaires walk away for the sake of more money for himself. The other guy has even less then Sandgaard how the hell can that be a good thing.Love him or hate him Methven had bought Billionaires to the table. What concerns me is that if they really were that wealthy they would have just bought the club, wouldn't they? What happened during the period of exclusivity to stop them completing, or at least contracting. It's all quite mysterious. Were they really outbid by Spiegel, who doesn't seem to be all that minted? I don't think they were necessarily outbid by Spiegel but when TS realised he would get more money whilst probably keeping a larger stake he didn't and still doesn't want to sell to the Americans. Under the circumstances not sure what they can do about that? |
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Post by reamsofverse on Mar 1, 2023 17:13:45 GMT
I'm at a loss to why Methven took his tweet down after 20 minutes after accusing Spiegel of doing the same in his statement.
Was it his statement I wonder? Put it this way if it was he has come across as clumsy. It's an amateurish statement in all honesty.
So much he could have said but hasn't. Perhaps advised not to and to just reveal the basics which we knew anyway. I don't get why Freidman and Brener haven't told him to step aside and let them deal with the press.
So many questions would be answered if we knew why Spiegel deleted that tweet of his.
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Post by kings hill addick on Mar 1, 2023 17:25:09 GMT
I'm at a loss to why Methven took his tweet down after 20 minutes after accusing Spiegel of doing the same in his statement. Was it his statement I wonder? Put it this way if it was he has come across as clumsy. It's an amateurish statement in all honesty. So much he could have said but hasn't. Perhaps advised not to and to just reveal the basics which we knew anyway. I don't get why Freidman and Brener haven't told him to step aside and let them deal with the press. If you watched the Sunderland TV show on Netflix you would know that he talkes a lot of shit. He sounds stupid most of the time - like he has no clue what he is talking about. That release reads like it came from that same man from the TV show. |
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Post by kings hill addick on Mar 1, 2023 17:25:53 GMT
Sandgaard is a two bob snake oil salesman.I know which side I believe, Sandgaards lie through there teeth as we all know. So it looks like we are stuck with somebody who owes a former owner £17m with another £33m to follow and likes to tell porkies. His blonde bit who bullied staff into tears which caused them to leave their jobs, and a geezer who thinks he's Hot shot Hamish!. Hard shot Hamish, please! |
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