tag:blogger.com,1999:blog-81216632024-03-14T08:11:08.943+00:00New York Addick“When a man with money meets a man with experience, the man with experience leaves with money and the man with money leaves with experience.”New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.comBlogger920125tag:blogger.com,1999:blog-8121663.post-47675360275542614302017-04-02T17:14:00.000+01:002017-04-04T01:37:58.854+01:00Master of Puppets
"Master of puppets I'm pulling your strings,
Twisting your mind and smashing your dreams,
Blinded by me you can't see a thing,
Just call my name 'cos I'll hear you scream....
...Master! Master!" (Metallica)
Charlton's audited accounts for the year to 30 Jun 2016 have finally been filed at Companies House (four months after being signed off).
Given the smoke New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com4tag:blogger.com,1999:blog-8121663.post-71624616690973899982016-04-14T18:35:00.002+01:002016-04-14T19:36:07.925+01:00SkyBet Chumpionship
With relegation for Charlton virtually assured and bad feeling towards the owner highly elevated, I thought it was about the right time to stand back and provide some high level context to what it means to own a club in the Championship.
Specifically for Charlton I also wanted to understand better to what extent we had underachieved versus reasonable finance-based expectations.
An New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com4tag:blogger.com,1999:blog-8121663.post-89749999960687908812016-03-13T01:15:00.000+00:002016-03-13T10:10:12.173+00:00Flawed Execution,The club's accounts to 30 June 2015 have recently been filed at Companies House (despite being signed in late-November). Given the understandably toxic relationship between supporters and the Board, these accounts arguably represent one of the very few sources of real 'truth''. My analysis follows below and it relates interchangeably to both Charlton Athletic Football Club Ltd (the New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com5Theater District Manhattan40.757574 -73.984562tag:blogger.com,1999:blog-8121663.post-22057102016800179642016-01-21T02:01:00.004+00:002016-01-21T13:02:48.821+00:00Emails Update(This post is a parody - any similarity to actual events is purely coincidental.)
As regular readers of this blog will know, when the club is in crisis I like to use my stealth IT skills to hack into the club's emails to get a sense as to what is going on behind the scenes.
Unsurprisingly a picture of a dysfunctional club emerged - the story begins towards the end of last season:
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From: New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com16tag:blogger.com,1999:blog-8121663.post-22322956971255885972015-02-20T17:15:00.001+00:002015-02-25T20:10:38.816+00:00Accountability
The audited accounts of the club (and its owner Baton
2010 Ltd) were published on the Companies House website earlier today.
The
accounts to 30 Jun 2014 reflect the final six months of the Jimenez/Slater
regime and the opening six months of the Duchatelet regime (or more
specifically Staprix NV, a company owned 95% by Roland Duchatelet).
This division makes it difficult to draw very New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com13tag:blogger.com,1999:blog-8121663.post-33183994969587591422014-04-03T19:50:00.000+01:002014-04-04T09:16:51.920+01:00Red Army
“How did you go bankrupt?" Two ways. Gradually, then suddenly.”
(Ernest Hemingway)
The audited financial statements of the club were finally posted to the Companies House website this week.
My summary follows with personal thoughts and interpretations in italics.
All references are actually to the financial statements of Baton 2010 Ltd, the 100% owner of both Charlton Athletic New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com10tag:blogger.com,1999:blog-8121663.post-27018304528855180792014-03-12T17:09:00.000+00:002014-03-12T22:33:47.776+00:00Chris P. Chilly Beef
Reading some of the emotional outpourings of grief from a
meaningful majority of Charlton fans yesterday, one might initially have
concluded Chris Powell must have died rather than merely lost a relatively
well-paid job.
He departed as one of the ten longest-serving managers out
of the 92 clubs, a fact both remarkable and ridiculous for a manager still
rightly described as a ‘rookie’.
At New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com27tag:blogger.com,1999:blog-8121663.post-56413794346507931142014-01-05T17:50:00.001+00:002014-01-06T13:59:29.923+00:00Cup DoubleWith Charlton having already played Oxford at home then Huddersfield away in the opening rounds (for us) of the Capital One Cup this season, what are the ex ante chances (see Note 1) of the exact same thing happening in the FA Cup? Well if my maths is right, it can be estimated as follows: - probability of Oxford reaching the Third Round: 0.25 (see Note 2) - probability of New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com11tag:blogger.com,1999:blog-8121663.post-90666416762135399172014-01-03T23:16:00.001+00:002014-01-06T09:10:04.147+00:00I'll Be Your Friend, Roland
"I'll be your friend, Roland." (Janet St. Clair, Grange Hill - circa 1985)
Perhaps the longest drawn out negotiation since the Louisiana Purchase in 1803 has finally been concluded.
The euphoria is such that I've been persuaded to post my own musings here for the first time in nearly a year.
There are several reasons for my lack of blogs (many unrelated to the club), but it's New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com8tag:blogger.com,1999:blog-8121663.post-55785759517931122742013-01-23T23:01:00.000+00:002013-02-02T03:28:51.057+00:00Money for Nothing
"What We Gonna Do When The Money Runs Out?" (David Gray)
The audited accounts of the football club and its owner (Baton 2010 Ltd) to 30 Jun 2012 have been published on the Companies House website rather earlier than expected.
As a reminder, the club (Charlton Athletic Football Company Ltd) is 100% owned by Baton, which in turn is 90% owned by CAFC Holdings Ltd (the mysterious BVI New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com29tag:blogger.com,1999:blog-8121663.post-56931636312198934422013-01-01T20:33:00.004+00:002013-01-01T20:34:05.222+00:00Brave Herts
Vicarage Road is far from being the most attractive away ground, but for me it represents a rare chance to see the Addicks without spending at least two hours on the road.
In fairness it could actually be quite a pleasant modern stadium (not dissimilar from The Valley infact), if only they'd construct a perfunctory stand to replace the supporter-less eyesore which covers one entire New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com1tag:blogger.com,1999:blog-8121663.post-38824591675201722422012-11-28T11:15:00.000+00:002012-11-28T14:33:10.752+00:00Posh Spice
Watching Charlton has become rather predictable, even if the results remain unpredictable.
You can show up confident that we will be outplayed in midfield, but set up to be 'bloody hard to beat' and ordered to give absolutely everything for the shirt.
It's not pretty but you can't deny it's been successful.
Somewhat remarkably given how we all felt just three weeks ago, we sit just New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com2tag:blogger.com,1999:blog-8121663.post-81577923643714767162012-11-21T18:38:00.004+00:002012-11-21T18:41:53.722+00:00Home and Away
The mood amongst Charlton fans has shifted in the space of just eleven days from manic depressive to cautiously optimistic.
Three wins in a row within the context of some meaningful additions to the squad, has even had some fans (including me) daring to look up to Blackburn in 6th place, just five points away.
Indeed a glance at the league table more generally reveals a rather New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com2tag:blogger.com,1999:blog-8121663.post-64223905282469626372012-11-10T20:02:00.001+00:002012-11-10T20:08:38.646+00:00Dragon Slayers
I was in sunny San Francisco instead of a chilly Valley on Tuesday night, and having sat through so much midweek dross in recent seasons, typically I missed a veritable goal-fest.
However my friend and fellow supporter Chris was there and was kind enough to pen an honest and thorough account of the night's action which I thought it would a shame not to share:
Contrary to what youNew York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com5tag:blogger.com,1999:blog-8121663.post-80767707213560801802012-10-03T10:30:00.003+01:002012-10-03T11:35:18.283+01:00Possessed
As I’ve tried
to emphasise on numerous previous posts, it is lazy to pay too much attention
to results and not enough to performances.
Given
football is inherently a low-scoring game, the former are riddled with ‘randomness’.
The latter
however ultimately will drive overall season performance, and is in turn driven
by much less volatile factors like payroll, transfer New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com3tag:blogger.com,1999:blog-8121663.post-55479193249051038172012-10-01T18:17:00.001+01:002012-10-01T22:02:09.746+01:00Stumbling on Happiness
I took my
3-year old son to his first Charlton game on Saturday, and it went remarkably
well.
I bought
seats towards the front of the West Lower which whilst not affording the type
of perspective offered higher up, it is infact an ideal spot for a youngster as
they definitely feel more engaged in the action.
Indeed with
our seats towards the South end of the ground, even a 3-year old New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com0tag:blogger.com,1999:blog-8121663.post-87735703158418665992012-09-27T11:24:00.005+01:002012-09-27T11:49:38.280+01:00The TransferCo Concept
A group of Charlton fans are taking steps to set up a Supporters Trust, with the stated aim, "To preserve Charlton Athletic for this and future generations."
I was asked by the interim Chair of the Trust (Barnie Razzell) to publicise this process, and I am happy to do so. Any fans looking for more information can find it here.
However as I explained briefly in an amicable email New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com8tag:blogger.com,1999:blog-8121663.post-47671439298030622282012-08-22T12:37:00.000+01:002012-08-22T12:41:22.116+01:00Red Leicester
Relativity is a funny thing.
When Charlton
were relegated in 2007, the opening home game of the Championship season versus
Scunthorpe felt like a nasty taste of cold turkey.
Now that we
are back at that level via a promotion, the opening home
game had a tangible sense of ‘occasion’ even despite a mildly disappointing
crowd of 16,658.
By comparison
our first midweek home game of the New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com11tag:blogger.com,1999:blog-8121663.post-72861754146391634382012-08-17T14:32:00.001+01:002012-08-17T14:39:20.296+01:00Seasons Greetings
London 2012 was a terrific spectacle (albeit one I only experienced on TV), but whilst it had its memorable moments it also reminded me that football really is a uniquely attractive spectator sport (not the Olympic sort admittedly which was garbage).
Football’s fast pace, continuous action, crowd involvement, variability and low-scoring nature all compare highly favourably with say handball (New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com1tag:blogger.com,1999:blog-8121663.post-1560647419290508702012-08-10T11:17:00.000+01:002012-08-10T11:30:49.514+01:00Life on Mars?
Charlton Athletic have refused to comment on rumours that Tony Jimenez has sneaked on board NASA's Curiosity rover and travelled to Mars.
Newly released grainy images appear to show the Addicks supremo piloting the space vehicle shortly after it landed on Monday.
Having failed this summer to persuade enough players to both sign on a free transfer and play for nothing, New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com0tag:blogger.com,1999:blog-8121663.post-78161963540277784402012-06-10T23:36:00.000+01:002012-06-10T23:41:49.734+01:00Humble Pie
“..it is simply not possible for Chris Powell to be the best available candidate, and remember only judge a decision at the time it's made.” (New York Addick, 13 Jan 2011)
If only the Board had appointed Gary Johnson or Paul Tisdale as I’d suggested….we’d probably have accumulated 120 points, and got 11 players into the PFA League One Team of the Year.
In my defence, just to prove to those New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com5tag:blogger.com,1999:blog-8121663.post-63612210786648955032012-04-13T17:54:00.007+01:002012-04-13T18:31:23.229+01:00Accounting for PromotionI appreciate that whilst most fans' attention is on Brunton Park, I’m perhaps alone in being fascinated instead by the realisation that the club’s accounts were quietly filed last month at Companies House.By way of a recap, since 23 Aug 2010, “the club” (Charlton Athletic Football Company Ltd) has been 100% owned by Baton 2010 Ltd (“Baton”) and on 31 Dec 2010, a British Virgin Islands entity CAFCNew York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com9tag:blogger.com,1999:blog-8121663.post-89455314364887801692012-03-08T17:46:00.004+00:002012-03-08T18:08:02.477+00:00Jackson WholeLast night’s heroics by Barcelona forward Messi has ensured that the Argentinian is now categorically the 4th most revered Lionel after Lionel Blair, Lionel Ritchie and Rabbi Lionel Blue.However talk of him being the greatest footballer in the world is surely premature, when he may not even be the greatest left-footed midfielder in the world. I’m thinking of course about Charlton’s own Johnnie New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com1tag:blogger.com,1999:blog-8121663.post-8499355152340462722012-02-29T09:14:00.009+00:002012-02-29T09:32:47.788+00:00Chris Powell - Used Car DealerThe need to buy a new family motor to accommodate three kids has forced me to endure some editions of What Car? magazine.Sadly the reality has dawned that a man cannot both transport his offspring in comfort and maintain any semblance of cool.To draw my focus away from this depressing state of affairs, I began to ask myself, "If Charlton players were cars, which ones would they be?"In other New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com3tag:blogger.com,1999:blog-8121663.post-72945577021916648422012-02-28T18:41:00.004+00:002012-02-28T21:51:22.483+00:00RejoiceYou can imagine Chris Powell’s teamtalks before the Bury, MK Dons and Rochdale games:”Now listen lads. It’s freezing cold out there and we’ll be lucky if there’s 10,000 fans in reality. There’s no point making a special effort to impress this lot because they will clearly come out to watch us regardless. It’s the 17,000 extra ones against Stevenage that we have to be conserving energy for. New York Addickhttp://www.blogger.com/profile/08557761313491796984noreply@blogger.com0