Mail a good friend to Charlton? I don't think so somehow. Every "story" about us in there seems to be the worst kind of gutter journalism. I don't think they familly of pierre bolangi think of the Mail as a friend of the club after the disgraceful story they printed the day after he died.
It has nothing to do with the truth. Read it again.
Airman speaking out about management on here has been carefully pieced together with a quote on another subject by another person to make it read like it was him that said it.
It is a cleverly-wrote, clumsy piece designed to fill column inches the day before our biggest game in years with a deliberately negative Charlton story.
if that story in the mail affects anyone or the teams performance tonight , people need help
take it with a pinch of salt .... yep we're skint beyond skint and yes it is shoddy but i'm sorry we are far too precious about something that really will make not one jot of difference to the outcome or passage that our club will be taking over the next few days, months, years imo
[cite]Posted By: randy andy[/cite]Mail a good friend to Charlton? I don't think so somehow. Every "story" about us in there seems to be the worst kind of gutter journalism. I don't think they familly of pierre bolangi think of the Mail as a friend of the club after the disgraceful story they printed the day after he died.
Is the Mail a friend of anyone's? Horrible rag that have been found out time & time again but people still buy it. It's now like The Sun/Mirror but with classier clothing.
Fair point on the Pierre Bolangi story. I'd temporarily forgotten about that and it was indeed out of order from what I remember now you've reminded me.
However it was Patrick Collins in the Daily Mail who campaigned for the survival of our Club in 1984 when that scumbag Langley wrote in The People that we should die and the rest of the national press at the time was at best neutral about our future.
Can I just add that I think its hilarious that we can't discuss this story AND back the team tonight.
Personally what I read about Charlton on my computer is completely detached emotionally from what I do, say and feel at a match.
Will anyone who has commented on this post really be thinking about it come 7.45 tonight, or worse still, not be able to get behind the team because of it?
Please can people have a bit of faith in other peoples abilities to do, think and worry about more than one thing at a time?
OK I mean doing one thing at at time. Whilst I am at the game I will be thinking about the game. When I am reading this thread I am thinking about this thread.
I can't invite Bailey to shag the missus whilst also thinking about whether Airman may be getting the tin-tac.
[cite]Posted By: Vincenzo[/cite]Surely our debt is largely to directors and therefore not likely to lead to administration?
That's right but running at an operating deficit (like virtually every other club outside the Prem) means either selling players to cover the shortfall or someone has to write a cheque at least once a year.
'Twas ever thus prior to the Wembley promotion of course but the difference for us now is that, given how much they've pumped in over the years, our directors are likely to be getting to the limit of their willingness (and possibly their ability in some cases) to continue to write the cheque, given also that there may be little left in the way of unpledged and acceptable security (it depends on how much is still owed to external, secured creditors).
Murray has already told shareholders they should mentally write off their shares (as the directors have) and it was well rumoured that in previous takeover discussions the hard bargaining would be about how much of a "haircut" (i.e. % loss) the directors were prepared to swallow on their existing loans. They are already staring at a meaningful loss on those loans, in or out of administration.
Absent a very rapid return to the Prem or a takeover, and with a declining stock of saleable players of material value, there may well come a point (which may or may not be imminent and which may occur regardless of whether we win promotion) when the directors simply decide that to make further loans would be to throw good money after bad. It's unlawful for a company to trade while insolvent and, while no doubt many football clubs effectively do so from time to time, the board may have no option (even if we are promoted) but to wave the white flag and call in the administrator.
I wouldn't blame them if it came to that, unless one wanted to drag up the Dowie-Pardew debacle, for which the directors have paid a very heavy price, as has the club. They would be as devastated as any of us.
Administration doesn't mean the end of a football club anyway - it could be the catalyst for a change of ownership that brings a badly needed re-capitalisation.
In any event, forget that................................. COME ON YOU REDS!
Comments
Have you heard of the North Bank Highbury?
Shanks said no I don't think so
BUT I'VE HEARD OF THE CHARLTON YOU KNOW
LA LA LA LA LA LA LA LA
I WAS BORN UNDER THE COVERED END
I WAS BORN UNDER THE COVERED END
ETC
It has nothing to do with the truth. Read it again.
Airman speaking out about management on here has been carefully pieced together with a quote on another subject by another person to make it read like it was him that said it.
It is a cleverly-wrote, clumsy piece designed to fill column inches the day before our biggest game in years with a deliberately negative Charlton story.
Very disappointing.
take it with a pinch of salt .... yep we're skint beyond skint and yes it is shoddy but i'm sorry we are far too precious about something that really will make not one jot of difference to the outcome or passage that our club will be taking over the next few days, months, years imo
Is the Mail a friend of anyone's? Horrible rag that have been found out time & time again but people still buy it. It's now like The Sun/Mirror but with classier clothing.
However it was Patrick Collins in the Daily Mail who campaigned for the survival of our Club in 1984 when that scumbag Langley wrote in The People that we should die and the rest of the national press at the time was at best neutral about our future.
Personally what I read about Charlton on my computer is completely detached emotionally from what I do, say and feel at a match.
Will anyone who has commented on this post really be thinking about it come 7.45 tonight, or worse still, not be able to get behind the team because of it?
Please can people have a bit of faith in other peoples abilities to do, think and worry about more than one thing at a time?
I can't invite Bailey to shag the missus whilst also thinking about whether Airman may be getting the tin-tac.
;-)
That's right but running at an operating deficit (like virtually every other club outside the Prem) means either selling players to cover the shortfall or someone has to write a cheque at least once a year.
'Twas ever thus prior to the Wembley promotion of course but the difference for us now is that, given how much they've pumped in over the years, our directors are likely to be getting to the limit of their willingness (and possibly their ability in some cases) to continue to write the cheque, given also that there may be little left in the way of unpledged and acceptable security (it depends on how much is still owed to external, secured creditors).
Murray has already told shareholders they should mentally write off their shares (as the directors have) and it was well rumoured that in previous takeover discussions the hard bargaining would be about how much of a "haircut" (i.e. % loss) the directors were prepared to swallow on their existing loans. They are already staring at a meaningful loss on those loans, in or out of administration.
Absent a very rapid return to the Prem or a takeover, and with a declining stock of saleable players of material value, there may well come a point (which may or may not be imminent and which may occur regardless of whether we win promotion) when the directors simply decide that to make further loans would be to throw good money after bad. It's unlawful for a company to trade while insolvent and, while no doubt many football clubs effectively do so from time to time, the board may have no option (even if we are promoted) but to wave the white flag and call in the administrator.
I wouldn't blame them if it came to that, unless one wanted to drag up the Dowie-Pardew debacle, for which the directors have paid a very heavy price, as has the club. They would be as devastated as any of us.
Administration doesn't mean the end of a football club anyway - it could be the catalyst for a change of ownership that brings a badly needed re-capitalisation.
In any event, forget that................................. COME ON YOU REDS!