We're in the money - but can't spend it

Charlton are now in the money under Thomas Sandgaard, but are constrained in how they spend it because of the new salary cap says Lee Bowyer.  Most clubs were able to do their spending in the summer before it came in: https://londonnewsonline.co.uk/charlton-athletic-boss-lee-bowyer-weve-got-money-now-but-spending-it-isnt-easy/

The club was close to having to sell a key player to pay wages until Sandgaard took over: https://londonnewsonline.co.uk/charlton-athletic-boss-lee-bowyer-we-were-close-to-having-to-sell-a-player-to-pay-wages/

Lincoln report

It's here: https://addicksdiary3.blogspot.com/2020/09/poor-start-to-new-era-on-pitch.html

It's a done deal!

In an open letter to Charlton fans, Thomas Sandgaard said he wanted them to know before anyone else that he had completed his acquisition of the club.   This is now available on the official site: https://www.cafc.co.uk/news/view/5f6dd60385c8a/an-open-letter-to-charlton-fans-from-thomas-sandgaard

Sandgaard has confirmed that he has passed EFL's OADT test and that he expects official confirmation that the transfer embargo is gone - adds "it kind of is already".

Richard Cawley reports: 'Sandgaard's deal has seen him increased the lease on The Valley and TG to 15 years. Says costs on that side have risen as part of deal with Duchatelet. It buys everyone peace of mind that we'll keep playing at The Valley and have the training ground."

Thomas Sandgaard: "There won't be any drama. There is nothing to be nervous about going forward - we can focus 100% on the club and getting back to the Premier League."

Thomas Sandgaard describes it as "an entirely clean deal of everything - versus before when things were interconnected in some way. That is totally undone, otherwise we couldn't have done deal."

Sandgaard on the lease of the land: "It might be the right time to negotiate on those then [at some stage towards end of the agreement]."

Four signings are ready to go, one of them Adam Matthews, reports Richard Cawley. The first signing is Ben Watson: https://addicksdiary3.blogspot.com/2020/09/first-signing-of-sandgaard-era.html Akin Famewo is the latest addition: https://addicksdiary3.blogspot.com/2020/09/another-new-signing.html

Update from Sandgaard

Thomas Sandgaard has discussed the latest position with the takeover: https://addicksdiary3.blogspot.com/2020/09/property-is-problem-with-takeover.html

And a later statement: https://addicksdiary3.blogspot.com/2020/09/sandgaard-its-tearing-me-apart.html

Richard Cawley of the SLP analyses Charlton's financial situation: https://addicksdiary3.blogspot.com/2020/09/charltons-financial-plight.html

All stories are now posted on the Third Division Diary.

How streaming money works

Want to know how streaming money works?   Read about it here: https://addicksdiary3.blogspot.com/2020/09/how-streaming-money-works.html 

This blog is now suspended

This blog is suspended until Charlton return to the Championship, hopefully next year.

All stories will appear on Addick's Third Division Diary, links will be provided for the next few days: https://addicksdiary3.blogspot.com/2020/09/no-acceptable-bids-for-bonne.html 

Valley of Frustration

It was a frustrating afternoon for the 1,000 fans let into The Valley as Doncaster Rovers secured a 3-1 victory over Charlton.

I went to have my flu jab this morning and my GP asked me, 'Are Charlton still crap?'  Well, on this performance, not quite good enough, but also a little unlucky.

Those of us watching remotely once again had to struggle with a failure of the audio.

On eight minutes Washington broke into the right of goal and his shot ran across the front of goal, Gilbey was just unable to connect to nudge it in.  On 11 minutes a low shot from Gilbey was tipped wide for a corner.

On 13 minutes Morgan put in a cross, Bonne was wide, but was offside anyway.

On 24 minutes Gomes put in a snap shot out of nowhere from distance, Amos was wrong footed and the visitors went 0-1 ahead against the run of play.

Just past the half hour, Amos spilled a Doncaster free kick, but Morgan came to the rescue.  Doncaster were playing with confidence and Amos had to make a good save on 40 minutes.   Pratley had to put in some good defensive work as the half came to a close.

Half time: Addicks 0, Vikings 1

There was a change of formation for Charlton at the break with three at the back.  The ball was given away sloppily in midfield and Barker scored an own goal to make it 0-2.   James was given a yellow card for a foul on Barker.

Washington drew a save and then Amos had to save smartly from Forster-Caskey.   On 60 minutes Williams replaced Baker.

John-Jules made it 0-3, it was way too easy.   The defence didn't have a great day.

After a Charlton corner Morgan kept the ball alive well and Washington scored with a header to give Charlton some hope.

The game became very open and end to end, but the skill level was not high from either side.  Doncaster brought on the 39-year old Coppinger.  In a last throw of the dice, Lapslie replaced Morgan on 85 minutes.

In the five minutes added on, Gilbey put in a strong shot from distance that hit the crossbar.

The Vikings could return north pleased with their raid.

Shell shocked supremo Lee Bowyer fears that complacency may have set in among his players, there is no competition for places: https://londonnewsonline.co.uk/charlton-boss-lee-bowyer-fears-complacency-may-have-set-in-after-doncaster-defeat/

The arrangements at the game were featured on the ITV evening news, including interviews with fans.