Charlton accounts 2024/25
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I didn't think you could get any of the Castore shirts from about Feb onwards? Weren't they all cleared to a tenner?0
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Not sure what, if any, relevance this is but had a couple of notifications from Companies House today I thought I'd share ...
CHARLTON ATHLETIC HOLDINGS LIMITED
2026-03-26 PSC07 Cessation of Roland Duchatelet as a person with significant control on 2026-02-16 BATON 2010 LIMITED
2026-03-26 TM01 Termination of appointment of Roland Duchâtelet as a director on 2026-02-16 2 -
Now we have the lease till 2040 Duchatelet will be 94 and will have likely passed by the time it expires so there’s no reason for him to be in control of the stadium and Training ground anymore.jonno said:Not sure what, if any, relevance this is but had a couple of notifications from Companies House today I thought I'd share ...CHARLTON ATHLETIC HOLDINGS LIMITED
2026-03-26 PSC07 Cessation of Roland Duchatelet as a person with significant control on 2026-02-16 BATON 2010 LIMITED
2026-03-26 TM01 Termination of appointment of Roland Duchâtelet as a director on 2026-02-16 I’m guessing he’s done with what he did with Upjest (his other previous club) and pass over the responsibilities to his son to handle.Whether this impacts our ability to obtain the valley on a permanent basis is another question, but if I had to guess it wouldn’t make an impact until he goes or until the lease is much closer to the expiration date.1 -
I wonder if the purchase price jumps up of we get in the premier league next season?0
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Yet none of his children have been added.Crispywood said:
Now we have the lease till 2040 Duchatelet will be 94 and will have likely passed by the time it expires so there’s no reason for him to be in control of the stadium and Training ground anymore.jonno said:Not sure what, if any, relevance this is but had a couple of notifications from Companies House today I thought I'd share ...CHARLTON ATHLETIC HOLDINGS LIMITED
2026-03-26 PSC07 Cessation of Roland Duchatelet as a person with significant control on 2026-02-16 BATON 2010 LIMITED
2026-03-26 TM01 Termination of appointment of Roland Duchâtelet as a director on 2026-02-16 I’m guessing he’s done with what he did with Upjest (his other previous club) and pass over the responsibilities to his son to handle.Whether this impacts our ability to obtain the valley on a permanent basis is another question, but if I had to guess it wouldn’t make an impact until he goes or until the lease is much closer to the expiration date.
My cynical head says it is just administrative housekeeping but my optimistic heart is holding on to a single straw of hope3 -
I did a bit of searching online in Dutch last night.
Came across an article from c four years ago about his legacy planning - setting up a foundation / family office called Duchatelet Future. The “family leaders” were RD himself, son Roderick (the one involved in Ujpest) and daughter Laura. The directors were familiar names of Lieven de Turck and Katrien Meire.I therefore wonder if this is further tidying up of assets under this umbrella.RD recently featured on the Forbes billionaire list for the first time and has made public appearances in Belgium in the past couple of months.
The club has told CAST that they suspect it is just tidying up. And confirmed that the lease on The Valley now runs to 2040.4 -
Hopefully Katrien is as good at being a Director of the family office as she was at being a CEO of Charlton and drives the entire thing into the ground leaving him penniless and destitute.4
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Kieran Maguire has posted a profit/loss (adjusted for player trading) comparison across the English clubs that have filed their 2024/25 accounts.
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Wycombe losing nearly £10m is ridiculous, but the Burton £8.3m and Bristol Rovers £7m are worse, considering how poor they were on the pitch.1
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Interesting on the 2040 date as Paul Elliot told the Reminiscence group the club needed a much longer lease to meet EFL requirements and that we had such a lease.Weegie Addick said:I did a bit of searching online in Dutch last night.
Came across an article from c four years ago about his legacy planning - setting up a foundation / family office called Duchatelet Future. The “family leaders” were RD himself, son Roderick (the one involved in Ujpest) and daughter Laura. The directors were familiar names of Lieven de Turck and Katrien Meire.I therefore wonder if this is further tidying up of assets under this umbrella.RD recently featured on the Forbes billionaire list for the first time and has made public appearances in Belgium in the past couple of months.
The club has told CAST that they suspect it is just tidying up. And confirmed that the lease on The Valley now runs to 2040.0 -
Don’t forget Sheffield Wednesday aswell.Athletico Charlton said:Hopefully Katrien is as good at being a Director of the family office as she was at being a CEO of Charlton and drives the entire thing into the ground leaving him penniless and destitute.1 -
It needs to be 10+ years. So no need to worry again till 2030. Ages away. (Last comment is tongue in cheek for the avoidance of doubt)Henry Irving said:
Interesting on the 2040 date as Paul Elliot told the Reminiscence group the club needed a much longer lease to meet EFL requirements and that we had such a lease.Weegie Addick said:I did a bit of searching online in Dutch last night.
Came across an article from c four years ago about his legacy planning - setting up a foundation / family office called Duchatelet Future. The “family leaders” were RD himself, son Roderick (the one involved in Ujpest) and daughter Laura. The directors were familiar names of Lieven de Turck and Katrien Meire.I therefore wonder if this is further tidying up of assets under this umbrella.RD recently featured on the Forbes billionaire list for the first time and has made public appearances in Belgium in the past couple of months.
The club has told CAST that they suspect it is just tidying up. And confirmed that the lease on The Valley now runs to 2040.0 -
Am I the only one that finds Duchatelet's adherence to Meire more than a little weird? She proved her incompetence here at Charlton and surely silenced any lingering doubters at Sheffield Wednesday. Yet, still she is a name in the Duchatelet stable. It doesn't make any rational sense. Surely there's something odd going one here?Weegie Addick said:I did a bit of searching online in Dutch last night.
Came across an article from c four years ago about his legacy planning - setting up a foundation / family office called Duchatelet Future. The “family leaders” were RD himself, son Roderick (the one involved in Ujpest) and daughter Laura. The directors were familiar names of Lieven de Turck and Katrien Meire.I therefore wonder if this is further tidying up of assets under this umbrella.RD recently featured on the Forbes billionaire list for the first time and has made public appearances in Belgium in the past couple of months.
The club has told CAST that they suspect it is just tidying up. And confirmed that the lease on The Valley now runs to 2040.3 -
A small point from the accounts is that the lease now runs to the summer of 2040. It previously expired in January 2035, so the extension allows an extra full season, although I imagine the authorities would have a view about securing certainty beyond that.0
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Extracts from the rule book. I think the ten-year thing is about promotion into the EFL (and possible the Premier League). It does not appear to be a requirement for clubs currently in the league.
Subject to any dispensations granted by the Board, a Club shall either own its ground or have a legally enforceable agreement with its ground's owner for its use by the Club, expiring not earlier than the end of the current Season.
Each Club shall, provide The League with full copies of such documentation as The League may reasonably require to demonstrate the Club's ability to play fixtures at its ground. By way of example, and without limitation, this may include copies of HM Land Registry entries, copy leases, any licence to occupy and any sub-leases or licence relating thereto. The League shall maintain a register of Clubs and the basis upon which that Club occupies its ground.
Without prejudice to the provisions of Regulation 13.5, a Club shall forthwith notify The League of any proposed change in its circumstances relating to the occupation of its ground. By way of example, and without limitation, a proposed change may include a sale of any freehold interest (with or without subsequent leaseback) or any surrenderor variation of a lease or licence.
Guidance
The Club must have a security of tenure lasting beyond the end of the current season, the League will request at the beginning of each season that each applicable club provide evidence (by way of a copy of a ground share agreement and lease) that they comply with these Regulations.
Each Club must disclose to the League as soon as possible any proposed stadium relocation and any stadium relocation will be considered in accordance with the criteria set out in Regulation 13.6.
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I think the lease extension is much more about securing the basis for the owners’ ongoing investment than the rules.1
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Yes, Gateshead fell foul of that rule, but there are current EFL clubs like Oxford with a very short lease tenure - their lease at the Kassam only runs until 2028, by which time they hope to be in their new stadium. And the owner of the Kassam wants to bulldoze it, so it's not as if they'll be that keen to keep extending.Airman Brown said:Extracts from the rule book. I think the ten-year thing is about promotion into the EFL (and possible the Premier League). It does not appear to be a requirement for clubs currently in the league.
Subject to any dispensations granted by the Board, a Club shall either own its ground or have a legally enforceable agreement with its ground's owner for its use by the Club, expiring not earlier than the end of the current Season.
Each Club shall, provide The League with full copies of such documentation as The League may reasonably require to demonstrate the Club's ability to play fixtures at its ground. By way of example, and without limitation, this may include copies of HM Land Registry entries, copy leases, any licence to occupy and any sub-leases or licence relating thereto. The League shall maintain a register of Clubs and the basis upon which that Club occupies its ground.
Without prejudice to the provisions of Regulation 13.5, a Club shall forthwith notify The League of any proposed change in its circumstances relating to the occupation of its ground. By way of example, and without limitation, a proposed change may include a sale of any freehold interest (with or without subsequent leaseback) or any surrenderor variation of a lease or licence.
Guidance
The Club must have a security of tenure lasting beyond the end of the current season, the League will request at the beginning of each season that each applicable club provide evidence (by way of a copy of a ground share agreement and lease) that they comply with these Regulations.
Each Club must disclose to the League as soon as possible any proposed stadium relocation and any stadium relocation will be considered in accordance with the criteria set out in Regulation 13.6.
If they somehow stay up and get promoted to the PL next season, that would clarify the rules regarding the PL.0 -
The £750k grant to the Womens team to lay the Dessio pitch a couple of years ago required a commitment that the women would play on it for 10 years.4
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It can not be for current teams in the EFL, otherwise those teams like Coventry and our selves in the past would have been ejected from the football league.0
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Do these financial figures include the women's team ?0
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I’m not too fussed about the accounts it’s something for idle chat, I believe we are in good hands.
Id go as far to say this is probably the most stable we have been for nearly 20 years.0 -
No.charltonnick said:Do these financial figures include the women's team ?0 -
That’s not really material to a decision to leave, though. You might forfeit some of the grant but they couldn’t stop you leaving or stopping the women’s team from playing there.Henry Irving said:The £750k grant to the Womens team to lay the Dessio pitch a couple of years ago required a commitment that the women would play on it for 10 years.0 -
Think the whole grant becomes repayable from memory, in the grand scheme of things it isn’t much but in the context of the women’s teams budget it’s pretty heftyAirman Brown said:
That’s not really material to a decision to leave, though. You might forfeit some of the grant but they couldn’t stop you leaving or stopping the women’s team from playing there.Henry Irving said:The £750k grant to the Womens team to lay the Dessio pitch a couple of years ago required a commitment that the women would play on it for 10 years.0 -
To be honest most things on here are “idle chat”, in the sense you have no influence over them. Team selection, for example. I have never understood why people feel need to post that this or that is no concern to them. So what?Mendonca In Asdas said:I’m not too fussed about the accounts it’s something for idle chat, I believe we are in good hands.
Id go as far to say this is probably the most stable we have been for nearly 20 years.12 -
Thanks. Wages being 140% of revenue is a concern.Airman Brown said:
No.charltonnick said:Do these financial figures include the women's team ?1 -
No, seperate companycharltonnick said:Do these financial figures include the women's team ?0 -
In any other business it would be catastrophic but football it seems for the time being it is acceptable. It can’t go on forever though sooner or later a massive re set will happencharltonnick said:
Thanks. Wages being 140% of revenue is a concern.Airman Brown said:
No.charltonnick said:Do these financial figures include the women's team ?1 -
They’ve definitely done a great job, but it’s only as stable as they’re willing to invest. If they’re more than happy to lose a money to progress then the accounts aren’t much of an issue. As soon as they decide they want to sell or want to cut costs then it becomes a much more difficult situation and then the finances accounts are much more important.Mendonca In Asdas said:I’m not too fussed about the accounts it’s something for idle chat, I believe we are in good hands.
Id go as far to say this is probably the most stable we have been for nearly 20 years.1
