Would you instruct solicitors to complete on buying a house when someone else was buying the same house?
So does agreeing fee with two parties mean... First past the post? More negotiations? Bidding war? Murray's off his nut?
Barring a calamity it seems the Duchatelet Abomination is coming to an end. Why would the end be any less farcical that the preceding 4 years?
Perhaps he has agreed to sell the Club to one party and The Valley & Sparrows Lane to a second party?
I could be wrong, but it could be a fee agreed in principle, and now its down to both parties to prove they have the money? Maybe a bit of naivety on my behalf as I know F all about these things.
My understanding is that to undergo due diligence the interested parties have to prove they can pay the agreed offer.
That’s my understanding too. Otherwise Ackers could embark upon a 6 month campaign to buy Charlton, or Reams could offer instalments from his giro.
This guy really is a tit. Knows better than professionally qualified experts on almost every subject. “Confirmed privately” my arse.
Is Richard Murray an active participant in this takeover or someone just being fed crumbs of info by Duchatelet? I assume the former, given that Murray is one of the ex Directors with a charge on the club. Imagine the level of criticism (putting it mildly) that is coming Murray’s way if one bidder gets the football club and the other gets the Valley and Sparrows Lane. Betrayal wouldn’t do it justice.
I don't think that is going to happen. The Aussie bid is still there. But Roland wants to sell to the other bidders. If this other bid falls through, then Roland will sell to the Aussies. Source the redoubtable Rick Everitt.
No excuse Murray could give would justify the separation of the Club from the Valley. He would never be forgiven by anybody for being party to it. Splitting Charlton from the Valley would provoke consequences that none of us can predict. No apologist would dare to offer a proper reason why such a split would be a good idea. Mundell might present something that you'd need a degree in economics to understand, but Charlton fans won't buy into any dry business double-talk. That's Duchatelet's language. And anything positive Bexleyboy says on the matter can be ignored, as he lives in a world of his own where making sense of any kind does not apply. But what kind of fool would pay £25m for a third division Football Club with no stadium and no training facility? I cannot believe there are two separate bidders, one of whom is going to pay £25m for a team with no grass to kick a ball on. Take away the Valley and Sparrows Lane and what is left of CAFC that has any value at all? Players? The remains of our squad is not worth £25m, or even half that. Our name and badge are of sentimental value to fans only. Neither can I believe two bidders have both agreed the same price for the whole Club, and each one willing to pay loads of money to lawyers for DD while facing a 50% chance that he will end up with nothing at all.
