Only a fool would want to buy Charlton at the moment. Thanks to KM we have a number of players on ridiculous contracts , who wants to take them on ? The club is worth about £1 with the ongoing losses any new owners will be saddled with. Have a good summer but don't have any expectations for next season unless we can fill the subs bench with You tubers
Please please please future buyers, make sure The Valley is included in the purchase price.
Think this is huge. Apparently the Aussie group were looking for investors, so they may not be flush with cash, but I'm glad they're coming around to the idea of purchasing the ground as a mainstay of any deal. Perhaps in their time looking at Coventry they realized what happens when you don't own the ground.
I remain concerned about their cash flow. I hope they realize that costs are not simply limited to purchasing the club, or even eating the operating losses that the cub is currently being run at. To get to the Championship, let alone the Premiership which is apparently their goal, they will need to make huge investments into the club--squad, staff, training ground, academy. To get to the Championship and have a shot at the playoffs I think you're looking at the purchasing price again potentially. This is really, really rough math, but I'm thinking 1m in operating losses a month is 24m over two years. But I think you'd add into that another 1m/month for transfer payments and wages to get players of the requisite quality in (maybe that's a bit much). That would take you to around the 50m mark in operating costs just over the next two years.
I would also think that, to put a solid infrastructure in place, you'd need to invest in something like a Director of Football or whatever who oversees the budget and scouting staff. I'd also imagine we need investments to the scouting staff given we've been using The Network's, as well as seemingly some positions within the club that still need to be filled.
I think you'd see attendances rise, but that only cover so much. Hopefully the live overseas stream will bring in a bit of money (they can have all my money!), but doubtful it'll be much.
This is all like really rough math from the top of my head, and those with more detailed knowledge of these things can feel free to tell me how off I am.
The statement does seem to go out of its way to address the exact issues we have faced with RD/KM in charge here. Doesnt mean theyre buying us, but it it might be a way to get supporters onside. This paragraph sounds great:
"It is also important to note that AFC is keenly aware and understands the importance of the fans in English football. We are committed to our responsibility to honour and respect the history and tradition of the club and ensure that the fans are respected as key stakeholders in the process."
The statement does seem to go out of its way to address the exact issues we have faced with RD/KM in charge here. Doesnt mean theyre buying us, but it it might be a way to get supporters onside. This paragraph sounds great:
"It is also important to note that AFC is keenly aware and understands the importance of the fans in English football. We are committed to our responsibility to honour and respect the history and tradition of the club and ensure that the fans are respected as key stakeholders in the process."
....let hope they stay true to this.
It almost as if they have thought about the fans before they buy a club
The statement does seem to go out of its way to address the exact issues we have faced with RD/KM in charge here. Doesnt mean theyre buying us, but it it might be a way to get supporters onside. This paragraph sounds great:
"It is also important to note that AFC is keenly aware and understands the importance of the fans in English football. We are committed to our responsibility to honour and respect the history and tradition of the club and ensure that the fans are respected as key stakeholders in the process."
....let hope they stay true to this.
Is this paragraph new? or has it always been there
The statement does seem to go out of its way to address the exact issues we have faced with RD/KM in charge here. Doesnt mean theyre buying us, but it it might be a way to get supporters onside. This paragraph sounds great:
"It is also important to note that AFC is keenly aware and understands the importance of the fans in English football. We are committed to our responsibility to honour and respect the history and tradition of the club and ensure that the fans are respected as key stakeholders in the process."
....let hope they stay true to this.
It almost as if they have thought about the fans before they buy a club
The statement does seem to go out of its way to address the exact issues we have faced with RD/KM in charge here. Doesnt mean theyre buying us, but it it might be a way to get supporters onside. This paragraph sounds great:
"It is also important to note that AFC is keenly aware and understands the importance of the fans in English football. We are committed to our responsibility to honour and respect the history and tradition of the club and ensure that the fans are respected as key stakeholders in the process."
....let hope they stay true to this.
Is this paragraph new? or has it always been there
I'm unsure if it's changed again, but when I read it a few weeks ago, I thought it was the perfect description of Charlton.
However, is it also the perfect description of other clubs ?
First day after the takeover and Karl Robinson is greeted at the training ground by Paul Hogan, Leyton Hewitt, Madge Bishop, Murph Hughes, bouncer and Russell Crowe all expect a game
Karl is sent an email the night before a game asking him to explain the Coriolis effect.
If Roland sells, then it must be to owners who can afford his price, and be able to fund losses of 8-9 million pounds a year for at least the next 4-5 years if they what to get the club into the premiership.
Ummmm.... we are already losing that much per year.
I don't know what drugs you are using, but Watford and Leicester lost £100 million to get to the PL. Brighton's owner spend £200 million to get there. Leeds has lost £60 million the last 4 years and is not there yet.
The fact... and it is a fact based on recent historical data... it will take many multiples of the club purchase price to get to the PL from where we are.
Which is why I am not for the Aussie takeover. If they are struggling to raise the money to buy the club, then they sure don't have the cash to get us promoted.
Red Bull, on the other hand, has two clubs that qualified for the Champions league this year. At least we would not have to worry about whether the owners are broke. And if the rumours of not buying the ground have ANY credibility, then add "stupid" to the list for the Aussie buyers, too.
If, and it's a big if, the club got back to the Premier League it would be necessary to add seats to the ground to maximise profits. Not only would this cost a lot of money it would be vital to own the ground to finance the investment.
The scope to extend the east stand is limited by the housing development recently completed.
If the ground was ever extended it would be The Jimmy Seed Stand.
As I understand it (probably way off) the plans that were previously submitted included plans for the East. I believe it involved making the current stand just seating (so removing the current corporate boxes) and adding a second smaller tier with just corporate boxes. Much more and better boxes than we currently have. From what I am led to believe our corporate boxes etc. are what we lackbwheb compared to other clubs of our size. The development also involved filling in the corners of the Jimmy seed end and a new Jimmy seed stand.
Edited because since my phone updated autocorrect seems unable to cancel out my day thumbs...
If the ground was ever extended it would be The Jimmy Seed Stand.
As I understand it (probably way off) tge plans thatvwere previously submitted included please for the East. I believe it involved making the current stand just seating (so removing the current corporate boxes) and adding a second smaller tier with just corporate boxes. Much more and better boxes than we currently have. From what I am led to believe our corporate boxes etc. are what we lackbwheb compared to other clubs of our size. The development also involved filling in the corners of the Jimmy seed end and a new Jimmy seed stand.
I'm sure you could extend the East Stand backwards by using the space currently being used as the concourse, and then housing any new concourse within the new stand (or, simply put, making a roof over the concourse) - a bit like the Kop (if you've ever been to Anfield), which has the top tier extending out so far over the road outside. You then make the South (sorry, The Jimmy Seed Stand) larger & fill in the corners ala the North. I reckon you could make an extra 7-10k seats this way & I don't think we need much more than 35-40k capacity anyway.
If, and it's a big if, the club got back to the Premier League it would be necessary to add seats to the ground to maximise profits. Not only would this cost a lot of money it would be vital to own the ground to finance the investment.
The scope to extend the east stand is limited by the housing development recently completed.
I disagree. You can easily survive in the PL with a 27k capacity stadium. Yes you may never challenge for the title but the money received each year for being in the PL is enough to make you competive and there is no where near as much reliance on gate receipts as there was before.
Best option for the east stand imo is to go for terraced safe standing in a lower tier with a second tier above which extends back to the perimeter. Would need to keep the concourse the same size as now for the increased capacity but would be Undercover.
Could reduce the very high take angle on both upper and lower tiers
Comments
I don't know if this has changed recently but it reads as if it is actually aimed at us.
Has anyone actually emailed henslow? Did the Trust? I wonder how much you'd have to invest to get involved?
It almost as if they have thought about the fans before they buy a club
Is this paragraph new? or has it always been there
I assume RD has some sort of autistic traits.
I'm unsure if it's changed again, but when I read it a few weeks ago, I thought it was the perfect description of Charlton.
However, is it also the perfect description of other clubs ?
Karl is sent an email the night before a game asking him to explain the Coriolis effect.
Ummmm.... we are already losing that much per year.
I don't know what drugs you are using, but Watford and Leicester lost £100 million to get to the PL. Brighton's owner spend £200 million to get there. Leeds has lost £60 million the last 4 years and is not there yet.
The fact... and it is a fact based on recent historical data... it will take many multiples of the club purchase price to get to the PL from where we are.
Which is why I am not for the Aussie takeover. If they are struggling to raise the money to buy the club, then they sure don't have the cash to get us promoted.
Red Bull, on the other hand, has two clubs that qualified for the Champions league this year. At least we would not have to worry about whether the owners are broke. And if the rumours of not buying the ground have ANY credibility, then add "stupid" to the list for the Aussie buyers, too.
If, and it's a big if, the club got back to the Premier League it would be necessary to add seats to the ground to maximise profits. Not only would this cost a lot of money it would be vital to own the ground to finance the investment.
The scope to extend the east stand is limited by the housing development recently completed.
Edited because since my phone updated autocorrect seems unable to cancel out my day thumbs...
Could reduce the very high take angle on both upper and lower tiers