What's happening at Charlton Clive?, bunch of chances at the helm ( Coxhallites) ?

Chances I meant

W9nt let me put the r in. Chance rs.

It's a very long & complicated story,very similar to Coxhall & co,club sold for a pound to a bunch of chancers from Manchester.
Nobody is now sure who owns the club or who is paying the wages,we have been under a transfer embargo since January because the EFL cannot find proof of funds but still let the owners pass the fit & proper test.
The Valley & training ground still belong to the previous owner Duchatelet who wants 50 million for both.
There is a strong possibility that the club will be in administration very soon & this maybe the only solution to sort this mess as there are potential buyers waiting to rescue the club.

Somebody needs to give the FA/EFL a 'fit and proper' test methinks. Crooks judged by crooks.

agree, but who are really bothered about clubs like charlton apart from their fans. imagine all their players and backroom staff will find other clubs quicker than we would find jobs if we got made redundant. they,d soon become chip paper quicker than the latest premier league players recent tweet gets forgotton.

That's the whole point its fans of other clubs all coming together to highlight these problems/incursions that will force the ruling bodies to do something creditable about it, not fans sitting on the fence saying 'oh well it's not my club so I don't give a s..t'.

in an ideal world there would be a strong body of football fans, with some financial clout and a proper celebrity heading the body, for publicity if nothing else, to highlight and campaign for all clubs and fans. think most fans do not have the i,m alright jack attitude but just breath a sigh of relief that its not their club thistime.

Funny how quickly ‘what’s his name’ quietly away into the all enveloping mists of memory. There’s the trouble.

The latest on the saga at Charlton.
https://www.standard.co.uk/sport/football/unanswered-questions-charlton-ownership-fans-fearing-worst-a4501801.html

Thanks Clive. Looks pretty bleak.

The news gets even worse,if we make it to next season we will be lucky to field a team as we can't offer contracts to players because of EFL embargo.
https://londonnewsonline.co.uk/lee-bowyer-embargo-means-charlton-athletic-cannot-offer-contracts-to-senior-players/

Yes these professional company rules benders that hide behind made up 'holdings' businesses and the like, headed up by their grannies have absolutely no morals whatsoever. How they can sleep soundly in their beds at night beggars belief.

The EFL Have just released the following statement,this is looking very much like a 'Bury' situation.

The EFL has today written to Charlton Athletic requesting further information and a meeting with the Club, the current majority owner of ESI and also the proposed new owners, as it seeks to clarify the ongoing ownership issues at the Club in the context of the EFL Regulations.

The League is aware of the frustrations and concerns the current situation is having on all those associated with the Club, including staff, players and supporters, particularly in recent weeks whilst it has attempted to try and work through the various and complex challenges out of the public eye.

Extensive correspondence has been exchanged with the Club in respect of outstanding information that is still required to be submitted to the EFL and the League will continue to work with the Club.

However, it remains the responsibility of the Club and any prospective owner(s) to demonstrate that the requirements of the EFL Regulations are met. The Club is aware of the consequences of not meeting those requirements.

The League will not provide a running commentary on this matter but will update as appropriate.
https://www.efl.com/news/2020/july/efl-statement-charlton-athletic/

You already have that mechanism in supporters direct. The problem is that they rely on the supporters of individual clubs forming trusts and that is a story in itself as the abuse you get isn't worth the grief. That and a lack of interest until a club is in trouble. Without pretty much universal take up SD is almost irrelevant.

Incidentally, my experience of SD when pools were in trouble is that they were way too hesitant and a hindrance as far as I was concerned.

thats the reason i did not mention SD in my comment. they seem obsessed by trusts from day 1.

The latest news on the situation.
https://www.standard.co.uk/sport/football/charlton-risk-expulsion-football-league-efl-demand-details-takeover-a4510536.html

An update on the situation at Charlton,the EFL has rejected 3 directors of the the new proposed owners & today a group of Charlton fans stormed the offices of one of these people,solicitor Chris Farnell who happened to be in a meeting with a person Pools fans are familiar with,Dave Jones.
More details here.
https://www.bbc.co.uk/sport/football/53698266

Dodgey....

Worse than useless since Jacqui Forster died. She was great but post Jacqui they were very very pointless. When we were setting up the trust a few trusts including Darlo advised to form a trust but do not let SD get involved as they are world champion hand wringers. So it proved.

More bad news.
https://londonnewsonline.co.uk/dave-jones-set-to-be-in-control-of-transfers-if-he-takes-on-key-role-at-charlton-athletic/

Yep here we go again. A few ddodgy characters set up an 'investment company' in 2019, get their hands on a football club and rape it. Yet its the EFL who are demanding that others do their job properly.

Have Londonnewsonline been given a doctored cv for Dave Jones or do they just not give a monkeys? They ought to know that Dave Jones' last job was not managing Sheffield Wednesday but Hartlepool. In 4 months he won 3 games out of 17, took Pools from 18th in League Two to second bottom, presided over some bizarre transfer dealings and behaved with such arrogance and indifference in media appearances that he was detested by the entire fan base when Jeff Stelling finally shamed the board into giving him the boot.

exactly. its due to him that i have tried to give managers after him a bit of slack. an absolute wage stealer if ever there was. whether he did or not everything about him looked like he could not have cared less.

The Ian McGregor of the football world it would seem.

It looks very bleak.
https://www.thesun.co.uk/sport/football/12366459/charlton-efl-expulsion-threat-bury-elliott-farnell/amp/

Terrible. It's hard to credit that the EFL would allow another famous old club to go bust the year after Bury, but after what happened at Wigan and the way they bent the FFP rules for Sheffield Wednesday it's clear they are part of the problem.

Dave Jones has certainly developed an interesting specialism with Hartlepool, Bury and now Charlton. Wonder who is the agent for the 3 overseas players he wants to bring in?

Burke and Hare comes to mind for some reason!

Good grief.
Charlton fans need to be very afraid.

no, they were useful.

Is it not the case that many football clubs need to streamline their business. Players wages , non jobs like data analysis, nutritionists, sports science etc. Trim all the waste and football clubs should be able to survive. Covid 19 could be a blessing in disguise , a chance to reorganise how we live, lets face it , as a species we were heading towards the cliff edge, this might reign us in a bit and introduce a bit of common sense into proceedings

Perhaps we see football through our own set of morals.
Football is very much unregulated and therefore attracts crooks by the droves. Some of them are very plausible and run outside business which gives them an aura of respectably others not.
Some owners enter the game for good reasons others dont and if you are a businessman you do it for a reason.
Finance and accounting is a dark art with accounts so out of date and fillited they are not worth the paper they are written on and anything you hear in public about finance is because they want you to believe the statement they are putting out.
The transfer market and agents is open to abuse on a colossal scale.
I believe Pools and the Boro have good chairman as is the case with many other clubs but others dont.
If Raj does sell lets hope the new people are ok and yes i know they will want a pound of flesh but i hope they have some substance and morals.

[quote="horden"]Is it not the case that many football clubs need to streamline their business. Players wages , non jobs like data analysis, nutritionists, sports science etc. Trim all the waste and football clubs should be able to survive.
there are other non jobs also where the money drains away. i know that norwich for one employ their own chef at their training ground to prepare players food after training. they do the same for saturday morning youth team players and match officials after a game. prefered the burgers we got at gorleston myself. one club starts these things and the rest follow thinking it gives em some type of edge in fitness.

I stand by my initial thoughts that Raj is in it with good intentions. He can hardly be accused of being an asset stripper after bailing out the club during the past two years. He has however run out of money and thats worrying because with the current balance sheet and liabilities, we're in trouble.

agree with all that. live in fear every morning waking up to read a statement from the club or raj. with the country in a mess its hard to see and white knight rolling up as a pools saviour. more like dick turpin.

More on the situation at Charlton,including Dave Jones & a Range Rover for sale.
https://www.dailymail.co.uk/sport/football/article-8636767/Charlton-company-car-club-allegedly-trying-recover-mysteriously-sale.html

Gary Gibson has a lot of experience in that particular field....

Seem to remember a chant " hes big hes fat and he doesnt pay his VAT"

More news from The Valley
A group of Charlton Athletic fans have occupied the boardroom at The Valley to protest against the ownership status of the League One club.
https://www.bbc.co.uk/sport/football/53875458

If Dave Jones is in there they won't have much room.

well it will not be his personality that takes the room up.

At last good news from 'The Valley'
Danish-American businessman, Thomas Sandgaard, is pleased to announce completion of his acquisition of 100% ownership of Charlton Athletic Football Club from East Street Investments Limited.

The completion of the acquisition follows the successful conclusion of the English Football League’s Owners’ and Directors’ Test in respect of Thomas Sandgaard, in accordance with the requirements of the EFL Regulations.
https://www.cafc.co.uk/news/view/5f6de1155eab9/thomas-sandgaard-acquires-charlton-athletic-football-club