It is probably worth reminding ourselves that the takeover has not been completed and we may find ourselves selling a couple of our best players before the transfer deadline. What has prevented an acquisition is unclear, but there have been persistent but unconfirmed rumours that two directors want the money they loaned to the club paid back (or at least a good part of it). This would use up
money the new board would prefer to invest the team.
As it stands, the business is not viable. We have high infrastructure costs associated with our former status which cannot be brought under control. For example, I understand that the business rates on The Valley alone amount to around
£1m a year. In those circumstances the only way to keep the business going is to provide working capital by selling assets, i.e., players.
I took my nine year old granddaughter for a day out in London yesterday and we saw Tower Bridge raised for a cruise ship (the MV Silver Cloud) leaving the Pool of London which was the first time I have seen this since I was a child. Given that the ship would go down river, I thought that this was a good omen for Charlton, but now I am less sure.