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Sky 'Charlton Caught Up in Cash Row'

Skysports.comunderstands a number of former Charlton players are still waiting for severance payments that they are owed.

Several members of last season's squad, including the likes of Chris Dickson, Dean Sinclair and Grant Bassey, are all thought to be waiting on their payments from the cash-strapped League One club.

The club are believed to have not paid the the one-month severance pay the players who left the Valley this summer are due.

The players in question are thought to have contacted the Professional Footballers' Association to seek assistance on the matter.

The PFA are now looking into the problems to try and resolve the issue.

The news is the latest blow for Charlton as they have been forced to sell a number of key players already this summer to help ease their financial problems.
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Comments

  • edited August 2010
    Damn you beat me to it ,not good news.
  • Well i'm not getting any money for my shares if that helps.
  • Two of those so called former "players" should watch out the club doesn't sue them under the trades descriptions act!

    This is a very worrying development though - things may be worse than we thought.
  • LOL! Think this is a non-story, in the sense that they will get paid if they are due. I'm sure, it's just a matter of time. Happens all the time to cash-strapped companies.
  • I know, I know, it is owed to them and so they are entitled to it. But seriously, a pile of c**p players bring the club to its knees, whilst all the time getting some very nice money. Then, when they move on, they have the temerity to turn round and demand more money from the club and its long-suffering board and (ultimately) supporters.

    It makes my blood boil - would a better response not have been to slink away, embarrassed and be grateful for the all the cash that they have had that they did so little to deserve???
  • edited August 2010
    them to pardew, make him pay them!
  • edited August 2010
    Bit harsh on Basey. Mind you, if he hadn't moved abroad (Scotland) we'd be due a fee.

    The other two should be giving us a frigging refund!
  • The board sanctioned their contracts don't forget.
  • a non story.....as if most clubs arent cash strapped right now....
  • I don't get it. Why are out of contract players owed severance pay?
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  • Knock the bastards!
  • [quote][cite]Posted By: BigRedEvil[/cite]The board sanctioned their contracts don't forget.[/quote]

    You are, of course, quite right, but equally I am sure that at the time, the players and their agents were not selling themselves as being such underachievers who would get us relegated! No, they were telling the board that they were well worth a huge contract because they would do great for the club. So, if the board was naive, then the players' 'product' did not at all live up to expectations. Surely, then, a little compensation would be in order?

    I know this is not how it works and, indeed, that the money will (have to) be paid. It just seems very wrong.
  • Don't have a problem with Basey as he gave of his best but the other two stick in the craw.

    Has to be paid though if contractually due.
  • [cite]Posted By: Vincenzo[/cite]Bit harsh on Basey. Mind you, if he hadn't moved abroad (Scotland) we'd be due a fee.

    no we wouldn't. We didn't offfer him a contract equal to or better than the contract he was on before so he was free to leave for any Club for nothing. I think Grant deserves a bit more respect than given here. He didn't want to leave and if he's owed then at least he deserves it, he's been at the Club for years. Plus we don't know if this story is even true.
  • Has to be paid........ but a bit swift though any player thinking that cash is not tight at Charlton must be pretty divorced from reality....... more like Dickson's agent wanting his cut has more to do with it I would not be surprissed.

    Really not in Charlton's 'style' to be like this, and the players should be a little patient in the circumstances, they have masde there point, or there agents have!
  • Blimey. I'd love to see the reaction if Lloyd Sam were asking for money and not Basey. I really would.
  • Prices must have gone up in Ayia Napa.

    As Len and others say it does stick in the throat a bit but if it was agreed...
  • hold on there is a 50p stuck on the pavement --i will chisel it up and they can share it amoungest themselves.
  • [cite]Posted By: Goonerhater[/cite]hold on there is a 50p stuck on the pavement --i will chisel it up and they can share it amoungest themselves.

    That's where the holes in the west stand car park came from.
  • [cite]Posted By: Saga Lout[/cite]Two of those so called former "players" should watch out the club doesn't sue them under the trades descriptions act!

    Bang on Saga!
    Basey excepted the rest were in the words of my brother's old football manager "friggin pigshite" and should consider themselves lucky they even had a chance to play for this great club, opportunities they ff'd up on a regular basis.
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  • edited August 2010
    Did we get our money from Cardiff? I'm sure they will get their money as soon our club is paid what its owed.
  • so we pay these players what they are owed ! and then cant afford that 20 goal striker then what!!!!!!!!!!!!!!
  • [cite]Posted By: uie2[/cite]so we pay these players what they are owed ! and then cant afford that 20 goal striker then what!!!!!!!!!!!!!!

    Then too bad. If we owe we should pay. We're not Crystal Palace you know ; - )

    Sure they will get their money soon enough. Storm in a tea cup.
  • Don't worry, Emperor Murray's got it covered...
  • As you say...storm in a tea cup.

    Some players last season who were actually CONTRACTED to a club didn't get paid for weeks (southend, Palace, Pompey etc) - when we get paid by Cardiff etc then these players will get their money. I bet they are not down to their last penny or currently overdrawn like some of the fans probably are !!!!!!!!
  • edited August 2010
    It's called cashflow ...... and every creditor is having to wait longer and longer, as companies hang on to their cash - remember no cashflow = they can't trade. Credit is hard to come by, so they hang on to their cash as long as possible. Particularly in these recessionary times, it's become the norm in general business.


    In my line of business it's standard to offer 30 days credit terms.
    But one of my customers, a big Import & Export company, still hasn't paid me after 72 days.

    Basically they are in breach of contract, and I could sue - but they will no doubt pay eventually, even if I have to fork out for a solicitor's letter to remind them of the consequences.


    Charlton are no doubt protecting their cash flow. Especially important at the moment before Richard Murray's dealings are rubberstamped at the EGM. After that, cash flow may well have eased, and those players will receive their severance pay.

    And they will, because as Len points out above, the club are contracted to do so.
  • I may be missing something obvious, but didn't all 3 of the contracts run out rather than being terminated?
    Why are we having to pay severance? We paid for the duration of the contract, so why are they owed more?
  • [cite]Posted By: F-Blocker[/cite]I may be missing something obvious, but didn't all 3 of the contracts run out rather than being terminated?
    Why are we having to pay severance? We paid for the duration of the contract, so why are they owed more?
    That's what I don't get. Plus, even if payment is owed for something or other, it is still, as others have pointed out, early days to get paid. Why has this gone public? Hardly newsworthy, so who's doing the agitprop stuff and why?
  • SkySports haven't got a new Nigel or Spanner editor have they? Not showing our goal on Saturday night & now this?
    Just a thought.
  • I think Sky are w*nkers. Am I allowed to say that?

    Lots of love,
    Mr Angry xxx
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