Leaves more unsaid than is actually said. Strange comments about not everyone working as a team. Seems to indicate that there were some major problems behind the scenes.
Charlton confirmed on Tuesday morning that the contract of head coach Iain Dowie had been terminated by the club.
Addicks plc chairman Richard Murray said: "One of the key features of our club during my time as chairman has been stability. It is something I feel is essential in all successful businesses.
"It goes without saying, therefore, how hard it was after only 12 Premiership matches to reach the decision we have."
He added: "Over the past two weeks we have conducted a review of the structure we put in place during the summer which involved all senior football management staff.
"The results of this review have, we believe, left us with little option but to act in the manner we have.
"Crucially we had to consider whether we believed our current situation would improve and we reluctantly came to the conclusion that it would not.
"In the situation we find ourselves in, it is also vital that everyone works as a team. Unfortunately, I have to say that has not been the case.
"By committing some £11.2m on new players in the summer we believe we demonstrated our support for Iain Dowie, as we have also done by backing him with the malicious legal action initiated against him by Simon Jordan."
Murray concluded: "What we need at this time is as little disruption as possible and accordingly the club has promoted Les Reed to head coach and Mark Robson to assistant head coach.
"Both have a solid Charlton pedigree and I am confident they will do everything within their power, together with the players, to turn our season around."
The club will be holding a press conference at the Sparrows Lane training ground, New Eltham, at 1pm.
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Addicks plc chairman Richard Murray said: "One of the key features of our club during my time as chairman has been stability. It is something I feel is essential in all successful businesses.
"It goes without saying, therefore, how hard it was after only 12 Premiership matches to reach the decision we have."
He added: "Over the past two weeks we have conducted a review of the structure we put in place during the summer which involved all senior football management staff.
"The results of this review have, we believe, left us with little option but to act in the manner we have.
"Crucially we had to consider whether we believed our current situation would improve and we reluctantly came to the conclusion that it would not.
"In the situation we find ourselves in, it is also vital that everyone works as a team. Unfortunately, I have to say that has not been the case.
"By committing some £11.2m on new players in the summer we believe we demonstrated our support for Iain Dowie, as we have also done by backing him with the malicious legal action initiated against him by Simon Jordan."
Murray concluded: "What we need at this time is as little disruption as possible and accordingly the club has promoted Les Reed to head coach and Mark Robson to assistant head coach.
"Both have a solid Charlton pedigree and I am confident they will do everything within their power, together with the players, to turn our season around."
The club will be holding a press conference at the Sparrows Lane training ground, New Eltham, at 1pm.