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Sandgaard ownership discussion 2022-3 onwards (Meeting with CAST p138)

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Comments

  • Bearing in mind that the academy is part-funded by grants and Valley Gold, £140k would be a sizeable slice of Charlton's commitment.
    Any idea how close we are to exceeding the 60% wages as a proportion of turnover rule under the EFL Salary Cost Management Protocol?

    If we're forecasting we might be within 5% of it, we might be under close scrutiny and in danger of having a transfer embargo imposed.

    With TS having overestimated turnover, it might go part way to explaining some of the wage cost cutting and why he's taking advice on pricing now. Just a thought.
  • swordfish said:
    Bearing in mind that the academy is part-funded by grants and Valley Gold, £140k would be a sizeable slice of Charlton's commitment.
    Any idea how close we are to exceeding the 60% wages as a proportion of turnover rule under the EFL Salary Cost Management Protocol?

    If we're forecasting we might be within 5% of it, we might be under close scrutiny and in danger of having a transfer embargo imposed.

    With TS having overestimated turnover, it might go part way to explaining some of the wage cost cutting and why he's taking advice on pricing now. Just a thought.
    Don’t think the academy is part of any calculation.
  • swordfish said:
    Bearing in mind that the academy is part-funded by grants and Valley Gold, £140k would be a sizeable slice of Charlton's commitment.
    Any idea how close we are to exceeding the 60% wages as a proportion of turnover rule under the EFL Salary Cost Management Protocol?

    If we're forecasting we might be within 5% of it, we might be under close scrutiny and in danger of having a transfer embargo imposed.

    With TS having overestimated turnover, it might go part way to explaining some of the wage cost cutting and why he's taking advice on pricing now. Just a thought.
    Don’t think the academy is part of any calculation.
    Well anyway, as the rule is only applicable to 'player' wages, it wouldn't be a reason to cut other costs. I was just curious to know how much headroom there was under it for future signings, that's their wages, not their transfer fees, as Garner has spoken of the need to offload before bringing in before IIRC.
  • supaclive said:
     Disgraceful if true.
    Why should the Academy have to carry the can for Sandgaards ineptitude and failure?
    How much did it cost him to hire and then fire the likes of Roddy,  Mumford and Jokat???
  • supaclive said:
     Disgraceful if true.
    Why should the Academy have to carry the can for Sandgaards ineptitude and failure?
    How much did it cost him to hire and then fire the likes of Roddy,  Mumford and Jokat???
    Who else is gonna pay the bills? Like it or not, hes on the line to fund everything and clearly nothing is safe from cut backs. 
  • Doesn't our academy make a profit?
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  • edited October 2022

  • Pelham123 said:
    Bit ironic this academy budget cutting when you look at how the under 18s did this morning. Make the most of it.
    Indeed but a fire sale of our best Young Guns in January is on the cards....
  • edited October 2022

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  • se9addick said:
    It’s only a couple of weeks since Leo Rifkind made ill advised comments which were quickly dismissed as not representing the views of the club and now one of Sandgaard’s sons is piping up. When do we just accept that this is really what the clubs leadership thinks of us?

    one of the reasons that a club owner should never be on twitter. you're bound to get abuse so then you and your friends and family become defensive and strike out. 
  • edited October 2022


    These people are so stupid and they have no common sense about what works and what doesn't work. It is minimal patience, emotional intelligence and self awareness.  

    Keep the whinging and moaning private. 

    The more you shut up, the better Charlton play and win, the more bums will be on seats.


  • se9addick said:
    It’s only a couple of weeks since Leo Rifkind made ill advised comments which were quickly dismissed as not representing the views of the club and now one of Sandgaard’s sons is piping up. When do we just accept that this is really what the clubs leadership thinks of us?

    one of the reasons that a club owner should never be on twitter. you're bound to get abuse so then you and your friends and family become defensive and strike out. 
    The odd thing about this one is that the tweet wasn’t critical. It said a lot of people had worked hard to make this happen. 

    Is he pissed maybe? 
  • I mean, he’s probably right given where the club finds itself right now.
  • Both play a part. The prices were far to high for league one and the football is far too poor. Both need to be sorted out to get the results.
    100%
  • The Sandgaards should SHUT UP
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