Friday, 17 July 2009

A constructive step

Santiago, Chile: At a time when fans have many evident concerns about the direction of the club, the move by former supporters´ director Ben Hayes to convene a supporters´ trust is clearly a constructive one. The protracted takeover saga has been a strain for fans, although there are some indications that there may be an announcement next week. Indeed, the official site has confirmed that a takeover is in progress. It's a bland statement, but considerations of confidentiality limit what can be said.

However, I do think that the unique atmosphere of the fight to return to The Valley and to re-build the club can never be re-created. As a League 1 club, the same level of communication resources are not available as in the past. I do not think that there will be a special relationship between the board and Charlton fans in the future.

Tomorrow Charlton face the challenge of an away match at Forest Green Rovers who recently secured a 5-0 defeat of Malmesbury Victoria. Stuart Fleetwood and Jose Semedo are expected to feature in a youthful Charlton side. Hopefully over the next few weeks we can start to focus on what happens on the pitch.

8 comments:

Ken Jennings said...

At least they have finally acknowledged a takeover is in process with a brief statement on the OS

Anonymous said...

Wynn
I still think that this 'SOME ' of the assets & liabilities points to an agreed 'pre-pack'administration with a 3rd Party.
Although a neat solution,this would presumably result in a points deduction

AC said...

Can anyone explain why we'd go into administration if most of the debt is to the current board?

Wyn Grant said...

The club is solvent and does not really need to go into administration. It is interesting that businesses are able to write off debt in this way. It may be that new owners would like to start with a clean financial sheet.

Kappacino Kid said...

>>Hopefully over the next few weeks we can start to focus on what happens on the pitch. << Not sure about this Wyn,not sure we know anything more than we did before this statement. As we continue to trial rejects from the third tier or below, fears are growing that we are planning for a long stay in Div 3

Wyn Grant said...

New York Addick has offered a good analysis of what the statement might really mean. We are now a third division club so it is not so surprising that we are signing third division players.

Anonymous said...

But Crewe rejects and worse!!!

Wyn Grant said...

I really don't think people are grasping how much the club's situation has changed.