Arrivals and depatures: how about a winter away trip to Mansfield?

We say goodbye to Derby County who have been a troublesome side for us ever since that FA Cup defeat.  Our sister site looks at their road from near extinction to promotion: https://footballeconomyv2.blogspot.com/2024/04/drebys-humble-recovery.html

We welcome Mansfield Town and Nigel Clough, a manager I rate   It's been a long road to promotion back to the third tier, but the Nottinghamshire club are now looking to expand capacity.

Charlton's away fans are a hardy and dedicated lot, but how many will fancy a midweek away game in February in Mansfield?   I don't think they will be easy to beat.

Season ends with a whimper

Charlton couldn't even manage one of their customary draws against the Chairboys this afternoon, losing 1-0.   The Addicks finished 16th, just ahead of points deducted Reading on goal difference.

Charlton went 1-0 behind to Wycombe Wanderers in beechy Bucks,, conceding a first half penalty in front of 1,781 Addicks in the away end.

A fan commented: 'Just about sums our season up 1st half poor penalty to give away from a poor defence all season, midfield not creating enough chances and not enough shoots or goals throughout the team in general, need about five new starting players of quality for a promotion push next season.'   [Probably mote, given that the league looks more not less competitive].

Fiorini, LuaLua and Campbell came on for Anderson, Ness and May at half time, leaving May with 23 league goals.   Former Leamington ace Colby Bishop would need to score two in 45 minutes to catch upm but hw was subbed off for Pompey so May has the Golden Boot.  We now owe Cheltenham a five figure sum.

Dobbo was booked for a strong challenge.  Isted made a really impressive stop - gets down to block a free-kick then somehow keeps the rebound out from close-range too.

A big chance - Campbell's cross was palmed out by Ravizzoli and Dobson can't convert the rebound from inside the six-yard box on the stretch.

Aneke replaced Kanu on 58 minutes, probably a swan song for the injury prone big man.

Fiorni rattled the crossbar but, apart from a flurry of yellow cards, that was that.

Let's hope that Nathan is able to do the business over the summer.

Nathan Jones makes it clear how dissatisfied he was with today's performance and that big personnel changes are needed: https://londonnewsonline.co.uk/sport/nathan-jones-as-charlton-finish-16th-in-league-one-final-day-defeat-at-wycombe-highlights-how-much-personnel-change-is-required/

New pitch for The Valley

A new state of the art pitch is to be installed at The Valley next season funded by a £750,000 grant from th Premier League and £650,000 by the owners: https://londonnewsonline.co.uk/sport/charlton-confirm-new-state-of-the-art-pitch-to-be-installed-at-the-valley-ahead-of-2024-25-season/

Now we just need the players to make good use of it.

All women's matches will in future be played at The Valley.  

Nathan Jones set to meet with Charlton's out of contract players next week to discuss their futures, reports Richard Cawley. The likes of Michael Hector and Terell Thomas both free agents at end of June.

Stockport could be a bigger challenge than Pompey

Congratulations to Portsmouth on their promotion to the Championship, that's one less worry for pitch announcer Brian Cole.

Inevitably former Leamington Colby Bishop scored for Pompey last night.   We could have had him for £50k but he was snapped up by Accrington and then by Portsmouth.

Portsmouth's departure is not altogether good news for us as we were a bit of a bogey team for them, unbeaten against them this year.

I think I am right in saying that we have played more games against Pompey than any other club.  More on their resurgence here:  https://footballeconomyv2.blogspot.com/2024/04/pompey-did-play-up.html

Stockport are the only club whose ground I have visited both for Charlton and for my non-league club Leamington.   Their fans were a lot of trouble when they came to Harbury Lane and one got on the pich and poured a pint of beer over our then goal keeper. the Barmy Binman.

Stockport see League One as a way station to their rightful place in the Championship so they will be in confident mood.   Confidence is important in football, but it is also possible to be over confident.

Wrexham will be a real threat

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

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 21^st 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.

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/

However, Charlton cannot beat the all time third tier draws record which is 23.

The Addicks scored first after 23 minutes when George Dobson's pass was taken down on the edge of the box by Connor Wickham, who then fired low beyond Will Mannion to mark his full debut with a goal.

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.

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.

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.

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."