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So who are our new owners then? Board looking for new investors p14
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Think there's probably been a slightly rude awakening that £12m ish a year on signings doesn't get you that far in this league if you're purely looking domestically and going for the " best of League 1" approach.
Time to widen that net and go and find better value elsewhere.
I don't mind the whole sustainable thing but it's got to be better used going forward. Club transfer record has stood for 20 odd years and if we stay up , to not stand still it's gonna have to be broken.13 -
When you set out to do something I assume you complete it instantly then?DOUCHER said:Wanting to become London's 4th biggest club and working to a strict (3rd lowest in the division) budget does not compute. That and carter and rodwell saying the owners have been great and given us everything we've asked for - well that doesn't compute either, otherwise we surely would have bought the sort of quality that we needed not to be in a relegation battle.The owners have spent massive amounts of money, how that has been spent by others is not their fault. You could hardly say after last season that they couldn’t trust Jones to deliver another good season. It’s not in them that recruitment has gone tits up.You are being unreasonable to suggest that we wouldn’t be in a relegation battle this season2 -
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£5.5m from the Premier League and £5.5m in TV money per seasonRaith_C_Chattonell said:Is it not true that Championship clubs receive about 12 million? With the Wembley windfall it doesn't look like they've pushed the boat out. They are all business men and must have their own teams of accountants and forecasters - surely they had a good idea of what they were in for.
'Sustainable' has different values for different people and they are rumoured to be exceedingly rich. I reckon they could all afford to lose a little more in the pursuit of my happiness.
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I'm thinking (or hoping) that given we're ahead of the plan and as its pure survival by any means this season that the agreed on investment hasn't budged up much as a "test the waters and see/ lets not over commit to the level" and that if we survive the drop then next season we see proper Championship level investment.
Whether thats a good plan or not I dont know, but I cant believe that they're just going to turn the tap off or really try it on the cheap given the stuff that gets reported back.2 -
The only problem with that is, if we go down then suddenly we're a year behind the plan, at least.CL_Phantom said:I'm thinking (or hoping) that given we're ahead of the plan and as its pure survival by any means this season that the agreed on investment hasn't budged up much as a "test the waters and see/ lets not over commit to the level" and that if we survive the drop then next season we see proper Championship level investment.
Whether thats a good plan or not I dont know, but I cant believe that they're just going to turn the tap off or really try it on the cheap given the stuff that gets reported back.
It's tough because clearly they've decided on a budget and don't want to budge on it, but what money the was to throw around, at least half of it is injured or already shipped out on loan2 -
I’ve never quite understood why rich but distant businessmen buy football clubs. It’s a ridiculously expensive and mostly fruitless unless it becomes a passion and they become true fans and get the same buzz we do out of being a supporter. In the case of our group of owners I think this is very much a financial investment and they’ve bought into it very much with a view to a possible return. They fully understand the risks and are not prepared to sink money in beyond what for them is a small investment each year with a bit of spice over and above their other assets. Are they supporters ? I don’t think so anything more than having a vested interest and the fact that they are probably sports fans. I’m sure there’s a smile when we win. Passion ? I doubt that. I think rightly or wrongly there was something like a five year plan and I do think that our promotion last season came ahead of their best expectations. I agree with Henry that it looks like there’s a budget with a little flexibility but not so much that it’s allowing us to buy better Championship players. I think the club gambled last summer that buying better League One players would be enough but in all honesty it’s backfired and we find ourselves needing six or seven January reinforcements and facing the real possibility of a quick return to league one. A relegation would probably reverse any advantage our “early” promotion gave the plan and I’d suggest if we start in league one next season we’ll be behind the curve not ahead of it. Don’t blame them for having a budget and sticking with it but it’s hard to understand not backing your investment a bit more when not will actually cost you money. Huge mistake not getting in a football CEO and I’d suggest that the amount of control Nathan has over footballing matters is as much of a hindrance as it is a plus. NJ reporting to a football CEO would be a benefit to Jones because I think his focus and belief sometimes muddies his view. As far as our signings this window are concerned I doubt many of us are blown away and we have to just hope that the experience we’ve brought in works enough to keep us up.9
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Can you truly say that it is massive spending when it is the third lowest spend in the Championship and one of the two below us is Sheffield Wednesday.AberystwythAddick said:
When you set out to do something I assume you complete it instantly then?DOUCHER said:Wanting to become London's 4th biggest club and working to a strict (3rd lowest in the division) budget does not compute. That and carter and rodwell saying the owners have been great and given us everything we've asked for - well that doesn't compute either, otherwise we surely would have bought the sort of quality that we needed not to be in a relegation battle.The owners have spent massive amounts of money, how that has been spent by others is not their fault. You could hardly say after last season that they couldn’t trust Jones to deliver another good season. It’s not in them that recruitment has gone tits up.You are being unreasonable to suggest that we wouldn’t be in a relegation battle this season4 -
If we go down it will be 5 to 10 years to get back I fear.sam3110 said:
The only problem with that is, if we go down then suddenly we're a year behind the plan, at least.CL_Phantom said:I'm thinking (or hoping) that given we're ahead of the plan and as its pure survival by any means this season that the agreed on investment hasn't budged up much as a "test the waters and see/ lets not over commit to the level" and that if we survive the drop then next season we see proper Championship level investment.
Whether thats a good plan or not I dont know, but I cant believe that they're just going to turn the tap off or really try it on the cheap given the stuff that gets reported back.
It's tough because clearly they've decided on a budget and don't want to budge on it, but what money the was to throw around, at least half of it is injured or already shipped out on loan4 -
Absolutely spot onShootersHillGuru said:I’ve never quite understood why rich but distant businessmen buy football clubs. It’s a ridiculously expensive and mostly fruitless unless it becomes a passion and they become true fans and get the same buzz we do out of being a supporter. In the case of our group of owners I think this is very much a financial investment and they’ve bought into it very much with a view to a possible return. They fully understand the risks and are not prepared to sink money in beyond what for them is a small investment each year with a bit of spice over and above their other assets. Are they supporters ? I don’t think so anything more than having a vested interest and the fact that they are probably sports fans. I’m sure there’s a smile when we win. Passion ? I doubt that. I think rightly or wrongly there was something like a five year plan and I do think that our promotion last season came ahead of their best expectations. I agree with Henry that it looks like there’s a budget with a little flexibility but not so much that it’s allowing us to buy better Championship players. I think the club gambled last summer that buying better League One players would be enough but in all honesty it’s backfired and we find ourselves needing six or seven January reinforcements and facing the real possibility of a quick return to league one. A relegation would probably reverse any advantage our “early” promotion gave the plan and I’d suggest if we start in league one next season we’ll be behind the curve not ahead of it. Don’t blame them for having a budget and sticking with it but it’s hard to understand not backing your investment a bit more when not will actually cost you money. Huge mistake not getting in a football CEO and I’d suggest that the amount of control Nathan has over footballing matters is as much of a hindrance as it is a plus. NJ reporting to a football CEO would be a benefit to Jones because I think his focus and belief sometimes muddies his view. As far as our signings this window are concerned I doubt many of us are blown away and we have to just hope that the experience we’ve brought in works enough to keep us up.1 -
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Yes.msomerton said:
Can you truly say that it is massive spending when it is the third lowest spend in the Championship and one of the two below us is Sheffield Wednesday.AberystwythAddick said:
When you set out to do something I assume you complete it instantly then?DOUCHER said:Wanting to become London's 4th biggest club and working to a strict (3rd lowest in the division) budget does not compute. That and carter and rodwell saying the owners have been great and given us everything we've asked for - well that doesn't compute either, otherwise we surely would have bought the sort of quality that we needed not to be in a relegation battle.The owners have spent massive amounts of money, how that has been spent by others is not their fault. You could hardly say after last season that they couldn’t trust Jones to deliver another good season. It’s not in them that recruitment has gone tits up.You are being unreasonable to suggest that we wouldn’t be in a relegation battle this seasonThe amount that it costs to run a championship club is astronomical.Regardless of the other clubs the spending is still massiveb1 -
We were heading to League 2 about 18months ago, so I get the feeling we've got as a club a bit ahead of ourselves, and if we can stay up, the club will catch up with itself. £12m spend is sweet FA in this league4
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I don’t understand the board saying we’re ahead of plan as a reason for not worrying about our league position. If their original plan was for us to get promoted from League One this year (I don't think they would want to stay in league one any longer than that), then getting relegated would clearly put us behind plan13
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Was going to say the same thing.DessieValley said:I don’t understand the board saying we’re ahead of plan as a reason for not worrying about our league position. If their original plan was for us to get promoted from League One this year (I don't think they would want to stay in league one any longer than that), then getting relegated would clearly put us behind plan
If the plan was:
24-25 contend for promotion but ultimately stabilise as a top league one side.
25-26 get promoted from league one
26-27 avoid relegation from the championship
Then being back in league one in 26-27 would quite clearly put us behind where they wanted to be. It makes no sense unless they're going to try and pretend there was a 3-4 year plan just to get out of league one (which i doubt).5 -
One thing (very unpopular I am sure) might be an aim not to be London’s fourth biggest club, but to be the London club living within its means.
So expenditure matches income.
I know that would mean slipping down the leagues, and reduced interest and attendances, but as a starting platform would going for (it couldn’t happen straight away) breaking even be a ridiculous concept?0 -
Some good points from @ShootersHillGuru but paragraphs are your friend.5
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I think the average loss made in owning a championship club is around 15 million per year.AberystwythAddick said:
Yes.msomerton said:
Can you truly say that it is massive spending when it is the third lowest spend in the Championship and one of the two below us is Sheffield Wednesday.AberystwythAddick said:
When you set out to do something I assume you complete it instantly then?DOUCHER said:Wanting to become London's 4th biggest club and working to a strict (3rd lowest in the division) budget does not compute. That and carter and rodwell saying the owners have been great and given us everything we've asked for - well that doesn't compute either, otherwise we surely would have bought the sort of quality that we needed not to be in a relegation battle.The owners have spent massive amounts of money, how that has been spent by others is not their fault. You could hardly say after last season that they couldn’t trust Jones to deliver another good season. It’s not in them that recruitment has gone tits up.You are being unreasonable to suggest that we wouldn’t be in a relegation battle this seasonThe amount that it costs to run a championship club is astronomical.Regardless of the other clubs the spending is still massiveb
Our supposedly mega rich owners must have been aware of this when purchasing the club.
The only realistic way they will get a return on their money is if we somehow reach the Premier League.
We will not be reaching the Premier league any time soon with supposedly the third lowest budget in the division.
Unless an owner is so rich that he can spend what he wants, ( there's plenty of ways to get around any financial rules). Then I have absolutely no idea why they get involved in the first place.6 -
At the recent Online Fan Meeting, Gavin Carter said that we are currently ahead of our 'sporting KPI' (that's 'points per game' to you and I). Listen from about 20 minutes onwards.
LIVE | Online Fan Meeting (January 2026)
At that time we had 32 points from 27 games. I make that 1.185 points per game. That will give us just over 54 points at the end of a 46-game season.
Carter then said that "we haven't come out and publicly said that."
I think you have now, mate.
Our ambition this season is a simple 'avoid relegation' without overspending. A laudable and reasonable approach.
Problem is that our rivals are playing by different rules. We might end up taking the moral high ground as we mop our bloodied League 1 nose.14 -
Ditto.ns9 said:
Absolutely spot onShootersHillGuru said:I’ve never quite understood why rich but distant businessmen buy football clubs. It’s a ridiculously expensive and mostly fruitless unless it becomes a passion and they become true fans and get the same buzz we do out of being a supporter. In the case of our group of owners I think this is very much a financial investment and they’ve bought into it very much with a view to a possible return. They fully understand the risks and are not prepared to sink money in beyond what for them is a small investment each year with a bit of spice over and above their other assets. Are they supporters ? I don’t think so anything more than having a vested interest and the fact that they are probably sports fans. I’m sure there’s a smile when we win. Passion ? I doubt that. I think rightly or wrongly there was something like a five year plan and I do think that our promotion last season came ahead of their best expectations. I agree with Henry that it looks like there’s a budget with a little flexibility but not so much that it’s allowing us to buy better Championship players. I think the club gambled last summer that buying better League One players would be enough but in all honesty it’s backfired and we find ourselves needing six or seven January reinforcements and facing the real possibility of a quick return to league one. A relegation would probably reverse any advantage our “early” promotion gave the plan and I’d suggest if we start in league one next season we’ll be behind the curve not ahead of it. Don’t blame them for having a budget and sticking with it but it’s hard to understand not backing your investment a bit more when not will actually cost you money. Huge mistake not getting in a football CEO and I’d suggest that the amount of control Nathan has over footballing matters is as much of a hindrance as it is a plus. NJ reporting to a football CEO would be a benefit to Jones because I think his focus and belief sometimes muddies his view. As far as our signings this window are concerned I doubt many of us are blown away and we have to just hope that the experience we’ve brought in works enough to keep us up.
Maybe Rodwell & Warrick are happy to "share" the duties usually taken on by a CEO which would be a money saving issue, albeit they wouldn't step up for free ?
I have advocated for some time for an experienced CEO to be appointed sooner rather than later & I believe SHG has made the point clearer than I have.
I wonder how many other posts at our club are "vacant" ?
I'm led to believe that we currently have an INTERIM Head of Marketing .....0 -
And no SLOFanny Fanackapan said:
Ditto.ns9 said:
Absolutely spot onShootersHillGuru said:I’ve never quite understood why rich but distant businessmen buy football clubs. It’s a ridiculously expensive and mostly fruitless unless it becomes a passion and they become true fans and get the same buzz we do out of being a supporter. In the case of our group of owners I think this is very much a financial investment and they’ve bought into it very much with a view to a possible return. They fully understand the risks and are not prepared to sink money in beyond what for them is a small investment each year with a bit of spice over and above their other assets. Are they supporters ? I don’t think so anything more than having a vested interest and the fact that they are probably sports fans. I’m sure there’s a smile when we win. Passion ? I doubt that. I think rightly or wrongly there was something like a five year plan and I do think that our promotion last season came ahead of their best expectations. I agree with Henry that it looks like there’s a budget with a little flexibility but not so much that it’s allowing us to buy better Championship players. I think the club gambled last summer that buying better League One players would be enough but in all honesty it’s backfired and we find ourselves needing six or seven January reinforcements and facing the real possibility of a quick return to league one. A relegation would probably reverse any advantage our “early” promotion gave the plan and I’d suggest if we start in league one next season we’ll be behind the curve not ahead of it. Don’t blame them for having a budget and sticking with it but it’s hard to understand not backing your investment a bit more when not will actually cost you money. Huge mistake not getting in a football CEO and I’d suggest that the amount of control Nathan has over footballing matters is as much of a hindrance as it is a plus. NJ reporting to a football CEO would be a benefit to Jones because I think his focus and belief sometimes muddies his view. As far as our signings this window are concerned I doubt many of us are blown away and we have to just hope that the experience we’ve brought in works enough to keep us up.
Maybe Rodwell & Warrick are happy to "share" the duties usually taken on by a CEO which would be a money saving issue, albeit they wouldn't step up for free ?
I have advocated for some time for an experienced CEO to be appointed sooner rather than later & I believe SHG has made the point clearer than I have.
I wonder how many other posts at our club are "vacant" ?
I'm led to believe that we currently have an INTERIM Head of Marketing .....0 -
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Definitely not helped by getting promotion in a season that two huge spending clubs (Birmingham and Wrexham) came up as well.Dave Rudd said:At the recent Online Fan Meeting, Gavin Carter said that we are currently ahead of our 'sporting KPI' (that's 'points per game' to you and I). Listen from about 20 minutes onwards.
LIVE | Online Fan Meeting (January 2026)
At that time we had 32 points from 27 games. I make that 1.185 points per game. That will give us just over 54 points at the end of a 46-game season.
Carter then said that "we haven't come out and publicly said that."
I think you have now, mate.
Our ambition this season is a simple 'avoid relegation' without overspending. A laudable and reasonable approach.
Problem is that our rivals are playing by different rules. We might end up taking the moral high ground as we mop our bloodied League 1 nose.
But to counter that we have been helped by Sheff Weds getting a huge points deduction and there effectively being just 2 relegation spots.2 -
I disagree. Do you think they've got all their money tied up in premium bonds? Maybe we went up a year earlier than expected /budgeted but you have to adjust. £12m is probably okay as a new player budget if you already have a Championship squad but clearly isn't enough if you've just scraped up through the play offs. They may be happy chucking a certain amount away each year and not adjusting that and maybe Jones is happy on his 5 year deal going up and down if necessary - u could say its like when we went up to the prem and back down then back up - BUT - this is between what should be our baseline (2nd division) and 3rd division, not the second division and 1st. They may all be happy with their project but I, and every other Charlton fan i know sees going back into League 1 as an absolute nightmare. we've all had enough of it. These owners are more animated when the women's team are playing according to carter - says it all to me - i've got zero interest in Charlton's women team and still wouldn't if they won the Women's champions league.AberystwythAddick said:
When you set out to do something I assume you complete it instantly then?DOUCHER said:Wanting to become London's 4th biggest club and working to a strict (3rd lowest in the division) budget does not compute. That and carter and rodwell saying the owners have been great and given us everything we've asked for - well that doesn't compute either, otherwise we surely would have bought the sort of quality that we needed not to be in a relegation battle.The owners have spent massive amounts of money, how that has been spent by others is not their fault. You could hardly say after last season that they couldn’t trust Jones to deliver another good season. It’s not in them that recruitment has gone tits up.You are being unreasonable to suggest that we wouldn’t be in a relegation battle this season7 -
5-4-3-2-1 !! get the popcorn out lolDOUCHER said:
I disagree. Do you think they've got all their money tied up in premium bonds? Maybe we went up a year earlier than expected /budgeted but you have to adjust. £12m is probably okay as a new player budget if you already have a Championship squad but clearly isn't enough if you've just scraped up through the play offs. They may be happy chucking a certain amount away each year and not adjusting that and maybe Jones is happy on his 5 year deal going up and down if necessary - u could say its like when we went up to the prem and back down then back up - BUT - this is between what should be our baseline (2nd division) and 3rd division, not the second division and 1st. They may all be happy with their project but I, and every other Charlton fan i know sees going back into League 1 as an absolute nightmare. we've all had enough of it. These owners are more animated when the women's team are playing according to carter - says it all to me - i've got zero interest in Charlton's women team and still wouldn't if they won the Women's champions league.AberystwythAddick said:
When you set out to do something I assume you complete it instantly then?DOUCHER said:Wanting to become London's 4th biggest club and working to a strict (3rd lowest in the division) budget does not compute. That and carter and rodwell saying the owners have been great and given us everything we've asked for - well that doesn't compute either, otherwise we surely would have bought the sort of quality that we needed not to be in a relegation battle.The owners have spent massive amounts of money, how that has been spent by others is not their fault. You could hardly say after last season that they couldn’t trust Jones to deliver another good season. It’s not in them that recruitment has gone tits up.You are being unreasonable to suggest that we wouldn’t be in a relegation battle this season0 -
How do you get to be the 4th biggest club in London without spending time in the championship and paying the going rate and above to first stay there and then build to go up? We're a plaything / a side interest for a gang of rich americans who are willing to lose a bit of small change - that's how it is unfortunately. Maybe they will learn from it and get out or maybe they will learn from it and get properly invested in it. Either way, this season is hanging in the balance and they had it within their gift to ensure that wasn't the case.AberystwythAddick said:
Yes.msomerton said:
Can you truly say that it is massive spending when it is the third lowest spend in the Championship and one of the two below us is Sheffield Wednesday.AberystwythAddick said:
When you set out to do something I assume you complete it instantly then?DOUCHER said:Wanting to become London's 4th biggest club and working to a strict (3rd lowest in the division) budget does not compute. That and carter and rodwell saying the owners have been great and given us everything we've asked for - well that doesn't compute either, otherwise we surely would have bought the sort of quality that we needed not to be in a relegation battle.The owners have spent massive amounts of money, how that has been spent by others is not their fault. You could hardly say after last season that they couldn’t trust Jones to deliver another good season. It’s not in them that recruitment has gone tits up.You are being unreasonable to suggest that we wouldn’t be in a relegation battle this seasonThe amount that it costs to run a championship club is astronomical.Regardless of the other clubs the spending is still massiveb1 -
What we've spent this summer isn't that unusual for a team coming up from League 1, sorry to use that lot from Bermondsey as a comparator, but they didn't spend huge money in their first few years in the Championship, and have only got to the money being spent on Coburn now. Just think people are slightly deluded if they think we could match what the average top half Championship side can spend, without either a bottomless pit of cash, or selling someone like Esse, who have help fund Millwall's current squad.1
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So the national league South. As no London EFL club is breaking even, except on the rare occasion of make a big sale of players.jose said:One thing (very unpopular I am sure) might be an aim not to be London’s fourth biggest club, but to be the London club living within its means.
So expenditure matches income.
I know that would mean slipping down the leagues, and reduced interest and attendances, but as a starting platform would going for (it couldn’t happen straight away) breaking even be a ridiculous concept?
Even in the Prem only Arsenal and for a while Brentford only making a profit in the last few years, it is about four or five years since Spurs made a profit.1 -
I think that’s the point. If the investment isn’t going to give the club a fighting chance then why bother at all. Are they expecting that they can outsmart and get success by doing things better than other clubs then dream on. It’s pissing their £3million investment each per year down the drain. If they want a league one club that occasionally gets a promotion to The Championship then that’s what they are funding. If they want to be a championship club that flirts with the Premiership and might give them a return on their investment then they seriously need to rethink their strategy. Methven didn’t sell them the true financial picture and we don’t have a football CEO who will.Rothko said:We were heading to League 2 about 18months ago, so I get the feeling we've got as a club a bit ahead of ourselves, and if we can stay up, the club will catch up with itself. £12m spend is sweet FA in this league9 -
I think you underestimate how much football has moved on in the past few years. The team we had last time we were in the Champ, who went down on the last day, would finish rock bottom of this league (if Sheff Weds didn't get a deduction).Rothko said:What we've spent this summer isn't that unusual for a team coming up from League 1, sorry to use that lot from Bermondsey as a comparator, but they didn't spend huge money in their first few years in the Championship, and have only got to the money being spent on Coburn now. Just think people are slightly deluded if they think we could match what the average top half Championship side can spend, without either a bottomless pit of cash, or selling someone like Esse, who have help fund Millwall's current squad.2 -
I'm fully aware football has moved on, but we've outspent what Derby, Oxford and Portsmouth did last summer, and outspent Oxford and Portsmouth combined dealings in those two seasons if we sign Collins.
We've gone from a League 2 destined squad to a Championship one in rapid time, so they have invested, just it seems people want us to spend Birmingham type money6 -
How wisely has it been spent though ? Apter, Olaofe, Ahadme, Kelman have for me all been hugely disappointing. Perhaps Kelman will come good but we spent decent money on the other three and they’ve basically bombed. Have the other signings really hit it off ? Edward’s, and Ramsay certainly but the rest are pretty hit and miss ? I think we thought we could back our abilities to grab a league one bargain and it’s been a financial disaster.Rothko said:I'm fully aware football has moved on, but we've outspent what Derby, Oxford and Portsmouth did last summer, and outspent Oxford and Portsmouth combined dealings in those two seasons if we sign Collins.
We've gone from a League 2 destined squad to a Championship one in rapid time, so they have invested, just it seems people want us to spend Birmingham type money5
