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This joke of a takeover Thread

Discussion in 'Charlton' started by User deleted as requested, Jun 14, 2018.

  1. Sat In Greenwich

    Sat In Greenwich Well-Known Member

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    i dunno, i was actually quite happy someone has taken it upon themselves to upset him. fully deserved. didnt agree with the protests stopping anyhow.

    still ideally would like someone to burst into his office the same way standard fans did. he got rid of that club sharpish after that.
     
    #1161
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  2. ElfsborgAddick

    ElfsborgAddick Well-Known Member

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    Come on Mr van Gerwen, you know it makes sense.

    Get in touch with Ivor:emoticon-0165-muscl
     
    #1162
  3. User deleted as requested

    User deleted as requested Well-Known Member

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    The fans on ITTV most virulent against the graffiti are the same ones who have kissed Duchatelet’s arse for the last 5 years.

    Funny that.
     
    #1163
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  4. DickPlumb

    DickPlumb Well-Known Member

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    Full transcript of the interview.

    Duchatelet says he will give club away "for free"
    Charlton owner Roland Duchatelet made a surprise appearamce on JIm White's talkSPORT show this afternoon (February 26th) following reports in the Belgian media of two unknown individuals, assumed to be Charlton fans, having made a graffiti attack on his property in the early hours of Monday morning.



    In a bizarre interview, Duchatelet suggested that the EFL should not have allowed him to buy the club in 2014; that he would not sell it to a foreign buyer as that would be unfair on them; that the deal which he reached with an Australian consortium in February 2018 may have foundered because of a single matchday protest six months later; and again insisted that he was not to blame for damage he claims was done to his reputation by the decisions of communications employees he inherited from the previous ownership.



    Former Crystal Palace owner Simon Jordan, who was in the studio, later described Duchatelet's arguments as "laughable" and "contemptible". However, they appear to preface an offer to be made around the future ownership of the club at Wednesday's fans' forum meeting. This is a transcript of the interview.



    Roland Duchatelet: Many buildings and houses, private houses of people, have been damaged by this graffiti. The whole system, in my mind, with football in England is wrong. They should not invite people like myself to become owners of clubs like Charlton – or any other club, by the way. In fact I do spend maybe two per cent of my time on Charlton, I have so many other things to do - and I’m not the only owner of a big club who doesn’t have the time to take care of this. Then if I have to take care of this kind of a nuisance… it shouldn’t exist.



    Jim White: Roland, while I sympathise with you over what happened in the early hours of Monday morning, if you didn’t have the time for Charlton. why did you buy it?



    RD I didn’t know at the time what in fact was going to be the case. That’s the reason I believe the EFL should not sell football clubs to foreign owners who do not know these kinds of things can happen. For my life, it’s been a major mistake to do that. So it’s annoying me and it’s not nice. I think it’s totally wrong that foreign people get involved with English football.



    Simon Jordan: I used to own Crystal Palace so I have a degree of empathy for you and the situation that you find yourself in, but ultimately do you feel that you’ve been helped… because one of the things that English football fans have is a great deal of tribalism and passion to their clubs and of course that’s part and parcel of football per se.



    Do you feel that your chief executives and the people that have worked for you, that do have the time to be able to carry out your wishes, that do have the methodology to be able to communicate with the fans, have helped you in the way that they should have?

    I’m not looking for you to blame people but I am trying to see what you’re saying because ultimately you’re in a very difficult position. I don’t think it helps you when you come on and say that you only had two per cent of your time, because that’s not going to play well with Charlton fans. They are going to say, who cares?



    It’s not the EFL’s responsibility. If you’re a fit and proper person you can buy whatever you want. Ultimately, a lot of it’s PR. Charlton seem to be in the ascendancy as a club now, coming back up the pyramid. This vitriol that’s being levied at you seems to be so unnecessary, because ultimately you are trying to get out of this club. What can you look at and say maybe I should have done differently and what I can do to make sure that at least I get away with this with the least amount of damage?



    RD: Well, the thing which happened is that my press people were very wrong at the time in managing the situation. That’s the main thing I can say. So in that sense… the thing is you cannot control everything… of course every club makes mistakes, every manager makes mistakes, so that’s not the problem. The problem is that the situation is just not healthy. It’s just not healthy the way it is approached and I don’t think foreign owners which have a lot of money should be involved in English football. I think they should leave these people alone. Leave me alone, that’s what I say. I didn’t ask for this. I wanted to have a nice club. Also, the thing is, it’s not the fans in general. There’s a few fans… I don’t know how many… but anyway there are in any case two who did that now.



    JW: What this week? You understand there were a couple of fans wearing masks and wigs?



    RD: Yeah. Two fans… two people. It could be fans, I’m not sure, but they were pretending in any case in what they did.



    JW: Roland, were you at your home at the time?



    RD: I was not there at the time, no.



    JW: So you came back to discover this?



    RD: Well, in fact, with regard to my home, my wife discovered it.



    SJ: Given the situation, we are where we are. You’re a big boy. You don’t like the temperature of this, which I don’t blame you. How does it get resolved? You’ve got the club up for sale. You’ve got people that are going to try and capitalise on the distress that you have and ultimately the reaction that it’s causing in you, but you have an economic value on this football club. Is it the economic value that you are putting on it that is stopping it from being sold or is it a consortium that don’t really have the money or are trying to get everything for nothing and ten per cent off? Why isn’t this deal happening, Roland, so that you can get away from this miserable existence?



    RD: In my mind what is happening is that due to the protests which happened in August certainly that has put off to some extent some of the potential people who would be in the investor club sandwich – basically you talk about an investor club, eh – and due to this they would probably put themselves in my shoes and say that when they are the owners what is the guarantee or the likelihood even that they will do the same to me?



    SJ: Roland, that’s not true. People look at things differently and reality is that it will come down to money. This will come down to whether they have got the money to buy this football club from you and whether what they are offering you is what they are prepared to accept. They won’t look at you and go, oh, hang on, you’re a cautionary tale. Something’s happened to Roland. They will look at you and say you’ve made mistakes, you’ve alienated yourself. We’re not going to do that, we’re going to galvanise the fanbase. I’ve bought and lost a football club, so I understand this. So, it must be more to do, Roland, with the economics.



    RD: No, not at all, because we had an agreement since February. There was an agreement with both parties on the economics.



    SJ: So they write a cheque out and it’s no longer yours?



    RD: Well, we made an agreement, we invested another £100,000 more in legal fees to make the agreement and so forth, then they just had to submit the agreement to the EFL and the deal was done.



    JW: As I understand it, Roland, there’s a fans’ forum this week. From distance you obviously won’t be there. You’re going to come up with a proposal of some sort, are you?



    RD: We are planning to… I think the basis of the way this system works in England is not healthy for foreign investors and that’s my main concern. Whether I am the foreign investor, why should I now try to bring another foreign investor into the business? That’s not my mentality, I am against that…



    SJ: Roland, I don’t want to beat you up, but I’ve got to say it, mate, that’s utter rubbish. You’ve got many, many owners in English football – and I’m a former English owner that laments the fact that we have to get foreign owners – many, many foreign owners are enjoying a different relationship. You picked the wrong club, with the wrong culture, with the wrong outlook. You can’t look at it and say that it’s the EFL’s fault. Roland, I’m sorry, mate, it has to be your fault. It has to be your relationship with the club, your appointment of your PR, your appointment of chief executive. You’ve let this get out of control and now it’s got out of control and these people are stepping over the line and doing dreadful things to you and yours around you.



    RD: Yes, but you cannot blame also these young people, by the way, who are in charge of the press. They were, in fact, those…



    SJ: No, I’m blaming you, Roland, because they are your people.



    RD: No, they’re not my people. They were there when I bought the club.



    SJ: But you let them speak for you.



    RD: Yeah, OK, but I am not supposed to… when it is two per cent of my time, and that’s the reason why there is a fundamental problem. It is two per cent of my time. I cannot manage the club myself.



    JW: Roland, you and I spoke about this in Brussels and now this unfortunate, this dreadful set of cirumstances with vandalism at your home has happened and at your business premises. Here’s the situation. You need to sell. Now live on talkSPORT today, give me a figure, because God knows this will get out and someone along the line will say, Duchatelet will sell for x. What would you take to sell Charlton.



    RD: In fact we give the club for free and in addition they get another £20m and if you just look at the value of the land and the buildings.



    JW: You what? You’d give the club away for free?



    RD: Yes, because in fact if you think that, if you’re aware that the value of the land and buildings is like… it’s so high… fine, it’s not very high comparatively to what you can pay and have to pay for other things…



    SJ: What’s the cash call on the business, Roland? If you’re giving it away for free, what’s the cash call on the business that they’ve got to fund?



    RD: No, what I, well, the real estate and the land, that’s what they have to pay to some extent. Not completely, but to some extent.



    SJ: They are going to pay you for the stadium and the land, right, and that has a number, and that’s what they are negotiating with you on?



    RD: No, there’s no negotiation. There has been a negotiation. There’s no negotiation, since…



    SJ: I bought a football club.



    JW: What did you pay for it?



    SJ: I paid £11m.



    JW: What do you want for Charlton? Settle on it now. What do you want for the stadium and the land, Roland?



    RD: Well, we have valuations of the stadium and the land and I’m not going to discuss this any further in this way. We also sign a lease [unclear] and so forth and I think it’s not in the media that we have these kind of discussions, but basically what I say is that with the conditions to buy the club today we give the club for free. It’s really from that perspective we give the club for free. If you were, we want to have…



    JW: Roland, what I can say? Very, very distressed to hear what happened at your home and the business premises. I know the Belgian police are investigating it and we’ll watch it closely. But Roland, we hope you get a sale, obviously. Charlton fans obviously hope so. I hope from your point of view that you get a sale shortly. I’m indebted to you for coming on at a difficult time and talking to us live on talkSPORT.



    RD: OK. Good.
     
    #1164
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  5. User deleted as requested

    User deleted as requested Well-Known Member

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    ^^^^

    Someone buy Jim White a pair of knee pads.
     
    #1165
  6. ForestHillBilly

    ForestHillBilly Well-Known Member

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    Ackers has appealed on twitter for Simon Jordan to buy Charlton. All is not yet lost.
     
    #1166

  7. Ken Shabby

    Ken Shabby Well-Known Member

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    marriage made in heaven…..<whistle>
     
    #1167
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  8. ElfsborgAddick

    ElfsborgAddick Well-Known Member

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    I met him once outside Leyton Orient's ground about five years ago, he's absolutely barking.
     
    #1168
  9. ForestHillBilly

    ForestHillBilly Well-Known Member

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    Most unfair. Simon Jordan has been excellent.
     
    #1169
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  10. andy217

    andy217 Member

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    Statement on official website.

    Owner Roland Duchatelet demands EFL acquire Charlton

    Roland Duchatelet acquired Charlton on January 3rd 2014.

    At that time of the purchase, Charlton competed in the Championship, a competition that was governed by the Financial Fair Play rules (FFP). Those rules allowed a club to make an annual operating loss of £3 million plus a further maximum of £3-5 million of shareholder investment. With an average annual turnover of £12m, Charlton was thus allowed to make losses up to 50-60% of its turnover.

    During seasons 2013/14 and 2014/15 several EFL club meetings were held to discuss a change of the FFP rules. After several unsuccessful votes in the space of a couple of months, in November 2014, the EFL finally found a majority amongst the Championship clubs to allow a club to have permitted losses up to a maximum of £39m over three seasons or £15m over three seasons in case there is no shareholder investment.

    Thus, 10 months after the purchase, Duchatelet’s Charlton had to compete in a competition where clubs are allowed to lose £13m per season which equates to 108% of its turnover. Under these new Profitability and Sustainability rules (P&S), the EFL is allowing or actually forcing shareholders to double their shareholder investments and thus dramatically increasing the financial burden on those shareholders.

    While the attractiveness of the Championship competition has always been that it’s the most competitive league in the world, it is now becoming renowned for being the biggest financial graveyard or black hole in football.

    Under the Owners’ and Directors’ test, the EFL has to assess and give its final approval for the purchase of a club. It does so with a special focus ‘to protect the image and integrity of The League and its competitions, the well-being of the Clubs and the interests of all the stakeholders in those Clubs’ (Appendix 3 of the EFL Regulations). If this is one of the objectives of the EFL, it’s hard to see how under these P&S rules increasing the (shareholders’) debt of clubs is protecting the well-being of the Clubs and the interests of their stakeholders.

    The first seasons under Duchatelet Charlton finished 18th and 10th in the Championship. After two years of ownership without problems Charlton got too many injuries relative to its limited squad size. Results were poor. Fans started to criticise and then protest, sometimes during the games, which didn’t help. Charlton got relegated to League One.

    As a result of the damaging and sometimes criminal fans protests and the changed financial climate of the P&S rules, Charlton were officially put up for sale at the end of 2017. A few months later Heads of Terms were in place with two candidate buyers, pending the funding of the transaction.

    However, new incidents were created by a coalition of fans against the owner based on fake news, like young players were not getting water to drink and staff not being paid due bonuses. It’s hard to deny that such actions could jeopardise the ongoing purchase process. The EFL said it would intervene to find out who was telling the truth but nothing like that happened. They did not really investigate things. Moreover EFL representatives suggested to the group of critics that their claims of August 2018 relating to the bonus might have some basis (despite the fact the EFL hadn’t investigated). Two fans found sufficient support in this ambivalent attitude of the EFL to come to Belgium last weekend. They tagged and damaged several properties of Duchatelet, the homes of two friends of Duchatelet and the house of the friend of a friend.

    Football has been the fastest growing industry in England in recent decades.

    However which foreign candidate owner will be prepared to invest millions to get a chance to bring a club to the Premier League and at the same time accept acts of vandalism against his property and intrusion in his private life, wherever in the world he/she lives?

    Therefore the owner demands that the EFL acquires his football club.
     
    #1170
  11. DickPlumb

    DickPlumb Well-Known Member

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    He is batshit crazy.
     
    #1171
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  12. ForestHillBilly

    ForestHillBilly Well-Known Member

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    At least it's there for everyone to see now. The OS has closed due to "necessary maintenance". Let's see if this incredible rant is still there verbatim when it reopens.
     
    #1172
  13. Ken Shabby

    Ken Shabby Well-Known Member

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    man, I love it when he escapes from the comms team and does his own $hit on the OS. Fascinating take on what happened to the club too. Sounds a bit like like a Belgian version of the sort of rubbish Major and Williamson post over on ITTV. It's all the fault of those nasty old fans.
     
    #1173
  14. CafcFactsStats

    CafcFactsStats Well-Known Member

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  15. ForestHillBilly

    ForestHillBilly Well-Known Member

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    The EFL have received a request from Roland to buy the club. They "will consider the request and respond in due course". Listen to Charlton Live!
     
    #1175
  16. User deleted as requested

    User deleted as requested Well-Known Member

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    Does anyone else think it is now posible that Duchatelet could wind the club up, out of spite?
     
    #1176
  17. lardiman

    lardiman We can rebuild him Forum Moderator

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    Yes, quite possible.
    But if he does that, he will destroy his reputation as a good businessman and a fair employer - something he prides himself greatly upon and has built up over his entire working life.

    That's why he is ranting and bleating to the EFL I think.
    He genuinely believes he is the innocent party. The good guy who has been wronged by the English Football authorities and those nasty Charlton fans.

    But if he wants to throw his reputation away, I say let him.
    Shut down the Club? Bring it on.

    The reverberating sh*tstorm generated will wreck his image for all time.
    He'll be ridiculed forever as a failure.
    It might even lead to reforms by the EFL and/or FA to ensure clueless gits like him can't ever buy English Clubs again.

    And Charlton Athletic will be back in a few years, resurrected by an army of fans and totally free of his bulls**t forever.
     
    #1177
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  18. ForestHillBilly

    ForestHillBilly Well-Known Member

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    Wouldn't put anything past him. He's off his rocker and completely unpredictable. It's now emerging that he turned down a bid of £30+m. Why? That's a terrific offer. You have to be prepared for the worst, whether that's a winding up, or driving us down and out of the League. His rant is big news, according to Louis, and will be in the papers tomorrow, but this will just make him more entrenched in his lunacy.
     
    #1178
  19. ElfsborgAddick

    ElfsborgAddick Well-Known Member

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    Major, Williamson and Incorruptible are the same bodies.
     
    #1179
  20. ForestHillBilly

    ForestHillBilly Well-Known Member

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    Roland is a star. His demand has been on Sky, and is on the BBC website.
     
    #1180
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