Wrexham will be joining League One next season and there is no doubt that they pose a real threat. They show that even a club in an obscure location, albeit now a city, can be globalised with the right backers and a third Disney+ series. Under former Addicks manager Phil Parkinson they will benefit from momentum. Football finance guru Kieran Maguire thinks they will be competitive: https://www.bbc.co.uk/sport/football/68819844
Tuesday, 16 April 2024
Monday, 15 April 2024
Millers could be a thorn in our side next season
As one of the longer lasting League One clubs, one of our tasks is to ‘welcome’ the seven new opponents who will be joining us next season. Rotherham United have already been relegated from the Championship. In the season so far they have won just four matches (none away) and have conceded 85 goals.
It wouldn’t be unfair to say that Rotherham has had its
economic and social challenges since the decline of the steel industry. It is very much in the shadow of a more
vibrant Sheffield.
When I was an undergraduate (nearly sixty years ago) one of
my flat mates had a girl friend who came from Rotherham. Not only that, her family owned the leading
(probably the only) department store in Rotherham. When he went up there he was given a tour of
the department store with every member of staff bowing and scraping to Miss
X.
I can’t give her name because she is still alive and I had a
bit of a run in with her which looks bizarrely amusing in retrospect, but
annoyed me at the time. What was
evident was that the family were not short of money including a big house in an
even then expensive Cornish resort. The
point here is that Rotherham was once a prosperous working class community.
Now, ‘Rotherham has been ranked the unhappiest place to live
in England according to a survey. Rightmove asked 21,000 people to
complete a study based on their overall happiness with their area and what
makes a place feel like home. Out of 221 cities, towns and villages surveyed,
Rotherham came bottom of the list.’
Many years back after seeing Charlton play an early kick off
at Huddersfield, some of us went over to see Brighton play at Millmoor,
Rotherham United’s then ground. I
thought it was a typical old style Third Division North ground, atmospheric but
not 21st century.
Now the Millers have a smart new stadium, the New York
Stadium (actually named after a local area), but they keep yo yoing between the
Championship and League One, although the training ground is a swamp and apparently
frequently under water. They have been relegated in four of the last eight
seasons, owner Tony Stewart refusing to splash the cash and put the club into
debt.
Stewart owns a local lighting manufacturing firm.
Former supremo Matt Taylor missed all his summer transfer targets
and ended up signing players who were too old or injury prone to attract
interest elsewhere.
They might be better off trying to consolidate in League
One, taking advantage of not paying Championship wages to improve the
infrastructure. A decent training ground
is a key to success.
Match day attendances are a constraint: the record at the
new stadium was 11,758 against local rivals Sheffield United in 2013.
However, the owner and the fans will expect them to compete
so they could well be in the running for promotion. In other words, they are a potential thorn
in our side as we seek to escape from League One.
Sunday, 14 April 2024
Three managers can't be that inept at coaching defenders
Charlton are now mathematically safe after yesterday's draw at Cambridge. But as the draw specialists prepare ro claim both the EFL and League One draw specialists trophies, Nathan Jones says that three managers cannot be responsible for the defensive blunders, it's the personnel: https://londonnewsonline.co.uk/sport/three-managers-cant-be-that-inept-at-coaching-defensive-responsibilities-nathan-jones-on-the-tough-decisions-to-make-after-charltons-draw-at-cambridge/
In added time Mannion made an excellent save to deny Tyreece Campbell, and soon after the break he also pushed Tyreeq Bakinson's shot wide.
Instead Cambridge hit back after 50 minutes through Macauley Bonne (yes, him), who struck a powerful shot on the turn from the edge of the box and celebrated his first U's goal against one of his former clubs. His fellow players stopped him from going to the away end as the big lump cupped his ears.
Charlton missed a huge chance to go back ahead 13 minutes from the end when Dobson played sub Alfie May through on goal, but the division's top scorer saw his shot come back off the far post.
In the final seconds of the game Mannion again came out on top, denying May at his near post.
Saturday, 13 April 2024
Grim financial picture at Charlton
A grim financial picture at Charlton is revealed by the club's latest accounts as analysed by football finance guru Kieran Maguire. I will review them myself given a few days.
Charlton have now submitted their 22/23 accounts. Revenue at £9.8m no change. Wages
£10.3m up 8%. Operating loss for year was £9.9m up 2%. Player purchases £113k. Player
sales £565k. Club was sold after end of season
Charlton are
losing about £190k a week as no money left after paying wages for the day to
day costs of the club.
Charlton total losses from all the seasons it has been in
existence now exceed £57 million. No cash at end of 22/23 in the bank. Charlton borrowed £8.5m in 22/23 to provide
working capital to pay the bills.
Over half of Charlton’s income comes from ticket sales.
Payoffs (to manager?) were £148k in the year.
Charlton paying £678k rent in 22/23 (to Roland). Wage bill down
but still £105 for every £100 of income.
Charlton squad by end of season cost £2.4m. Player write
downs were over £100k.
Loans from owner
in year took total Charlton borrowings to nearly £28m. Charlton could still have to pay money
to Roland’ DuShatalay’ if promoted to Premier League.
Old owner of
Charlton controlled club via a company in that bastion of transparency, the
Cayman Islands.
Charlton upper mid table for agents' fees
According to the Football Association, Charlton paid out £229k in agents' fees over the past twelve months, putting them upper mid table in League One.
Derby topped the table with £434k, but Fleetwood managed £386k. Whether their owner played any part from his prison cell is unknown.
Cheltenham and Carlisle spent the least at £63k.
Friday, 12 April 2024
Charlton are gowned up for Varsity visit
The main moaner narrative now is that there is nothing left to play for. But as Curbs has pointed out, the more we have a good finish to the season, the easier it will be to recruit the players we want to recruit to challenge for promotion.
Nathan Jones is certainly taking tomorrow's trip to Cambridge tomorrow seriously.
Jones told the SLP''s Richard Cawley that he will continue to field his strongest starting line-up: Jones: "If George Dobson is in my best 11 - regardless of whether he is coming out of contract or not - that is fine. "I've been critical before, or in my mind, of teams who are mid-table and want to experiment. Trying to do things differently causes problems when a team is trying to stay in the Football League."
"For example when I was at Luton there was a team in the Championship which wanted to experiment but we were still trying to stay in there. That won't be Charlton Athletic. We will be trying to be the best version of us - with integrity, with credibility and try to pick our best 11 to win every game. That's what we do."
Not only are Charlton certain to get the League One draw specialists trophy, they also in line for the trophy for the whole EFL. I have not had a good season with predictions in the Badger League, but 2-2 tomorrow may not be far off the likely result.
I haven't analysed all the draws, but I think that defensive shortcomings account for lot of them not being wins. Also, most games now go on for over 100+ minutes, indeed Charlton's games are very often the last to finish. Fitness may be a factor.
Cambridge have a far better home than away record and are fighting for League One survival. However, they are five points clear of Burton Albion and Port Fail. I think that Fleetwood and Cheltenham are destined for the drop and the final position will go either to the Brewers or the Valiants.
Thursday, 11 April 2024
Charlton not for sale to former Leeds owner
Charlton owners Global Football Partner state that they are absolutely committed to their running of the football club.There have been reports in Italian media that former Leeds owner Massimo Cellino has been weighing up a move if he sells Brescia.
Charlie Methven, on behalf of GFP , told the South London Press: "Charlton Athletic is a fantastic club and will always attract interest from players, managers and even people who ultimately might want to own the club.”
"Our ownership group, Global Football Partners, are intensely proud and happy to be the owners of the club and any thoughts of selling it couldn't be any further from our minds. As such, we note the speculation with a wry smile and - whilst being respectful of any interest which is either lodged with us, or speculated about - we are simply 100 per cent happy and proud to be the custodians of Charlton Athletic for the medium to long term."