Wednesday 27 May 2020

Bidders emerging out of the woodwork

The apparent low price for Charlton is attracting all sorts of individuals with mixed reputations to say they are interested in making bids for the club.  The latest is Joe Cala who has been a controversial figure at Gateshead: https://www.chroniclelive.co.uk/sport/football/football-news/under-fire-chief-financial-adviser-15924125

VOTV editor Rick Everitt has commented on this latest development: 'As a rule of thumb I am sceptical of anyone wanting to pick up Charlton from Nimer without buying The Valley at the same time. It depends on what the existing deal with RD is, but I don’t believe it’s entirely backloaded as some assume.'

The Ramsgate-based fan added: 'The risk is that someone else without sufficient capital takes over, even with the best of intentions, hoping they can raise the cash on the pitch or of it.'

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