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Breaking News - ex-Premier League side now forced to rent ground

It must have been a particularly quiet couple of days for news. First, the revelation that Winston Churchill’s ghost haunts the women's toilets aboard the Queen Mary. Then, the groundbreaking news that monkeys, indeed, cannot write the entire works of Shakespeare. Lastly, the sensational story covering the dramatic fall of the mighty Addicks. What a crazy few days!

https://tinyurl.com/2p9zftuk


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  • City AM today: https://www.cityam.com/ahead-of-the-game-trumps-pledge-to-liv-and-pga-charlton-eye-move/

    Charlton Athletic have been offered two potential sites for a new stadium on the Thames should they be forced to leave The Valley. 

    The League One’s club’s preference is to remain at the ground that has been their home since the 1920s, but the stadium belongs to Belgian businessman and politician Roland Duchatelet, their controversial former owner.

    Charlton signed a 15-year lease for The Valley with Duchatelet after he sold the club to East Street Investments in 2020. The club were subsequently sold on last year to Global Football Partners, who are seeking to renegotiate the terms of a lease which has 11 years remaining.

    Charlton are understood to have held positive talks with Duchatelet about extending the lease in a deal which could be the precursor to them buying the ground outright.

    In addition to providing greater security, a stadium purchase would increase the club’s prospects of expanding The Valley beyond its current 27,000 capacity. 

    Having been offered other sites by property developers, Charlton have considered the merits of a possible move, but the cost is considered prohibitive, with the price of building a new stadium projected to be at least £100m.

    Leaving The Valley would also prove controversial with Charlton fans as many supporters have a strong emotional connection to the ground. 

    In 1985 Charlton moved to Selhurst Park to groundshare with Crystal Palace due to financial problems, with Greenwich Council blocking a subsequent plan for the club to move back to The Valley. 

    In response Charlton fans formed the Valley Party to contest the 1990 council elections, unseating the chair of the planning board, before finally returning to their home two years later.

    Charlton declined to comment.



  • "Charlton Athletic have been offered two potential sites for a new stadium on the Thames should they be forced to leave The Valley."
    I wonder where these 2 sites might be, there isnt much in the way of spare land on the Thames to build much let alone a stadium. And I would of thought housing in the way of tower blocks gets the most bangs for the square footage and a river view of the Thames is one hell of an expensive view.
    "
    the terms of a lease which has 11 years remaining" is about the most accurate part of that piece.
  • The plan to turn the Charlton riverside into housing has mostly stalled for a whole load of reasons - largely because the infrastructure’s poor and the land is owned by too many companies each doing their own things. There’s been talk of City Hall stepping in to start buying up the individual sites - something the council’s been doing in a smaller way for years.

    The Stone Foundries site (if you could add the retail park in front - the one with Curry’s and B&M) would seem to be the most likely location, but that’s just a guess based on the lack of any definite housing plan.
  • One place would be where the driving range is, there is enough space there to build a stadium and would benefit greatly from being so close to The O2 and North Greenwich. Another place that has a lot of space for a ground, but probably not so easy to purchase, would be the tarmac and aggregate plants along from the Yacht Club, has the added bonus of a train line so we could run a special shuttle train from Charlton station to the stadium on the riverfront
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  • sam3110 said:
    One place would be where the driving range is, there is enough space there to build a stadium and would benefit greatly from being so close to The O2 and North Greenwich. Another place that has a lot of space for a ground, but probably not so easy to purchase, would be the tarmac and aggregate plants along from the Yacht Club, has the added bonus of a train line so we could run a special shuttle train from Charlton station to the stadium on the riverfront
    There's no way Knight Dragon would sell the land that the driving range is currently on. It's the most prime piece of undeveloped riverfront in Greenwich.

    I love your idea for the aggregate site with its own branch line though! 🚂

    In any case, I'm confident that we'll remain at The Valley for many more years.
  • sam3110 said:
    One place would be where the driving range is, there is enough space there to build a stadium and would benefit greatly from being so close to The O2 and North Greenwich. Another place that has a lot of space for a ground, but probably not so easy to purchase, would be the tarmac and aggregate plants along from the Yacht Club, has the added bonus of a train line so we could run a special shuttle train from Charlton station to the stadium on the riverfront
    The wharf is legally protected -  and quite a big business these days. 
  • se9addick said:
    "Charlton Athletic have been offered two potential sites for a new stadium on the Thames should they be forced to leave The Valley."
    I wonder where these 2 sites might be, there isnt much in the way of spare land on the Thames to build much let alone a stadium. And I would of thought housing in the way of tower blocks gets the most bangs for the square footage and a river view of the Thames is one hell of an expensive view.
    "the terms of a lease which has 11 years remaining" is about the most accurate part of that piece.
    “there isnt much in the way of spare land on the Thames to build”

    What do you mean? There tons of spare land along the Thames - it stretches from the Estuary to Oxfordshire with banks on both sides. 

    This sounds like a nonsense piece, it suits all parties (including Duchatelet) for Charlton to remain at the Valley. My hope is that stadium ownership is reunited with the club rather than another lease agreement. I’m convinced for us to prosper again that is a prerequisite. 
    The piece actually says on the Thames. May be someone has a bridge to sell.

  • I'd like the breaking news to be,,, ex Premier league club buy back the valley,  will it ever happen? 
  • Or a floating stadium like in Singapore 
  • I'd like the breaking news to be,,, ex Premier league club buy back the valley,  will it ever happen? 
    As my grandad would say to me 'We live in hope, die in despair'
  • What on earth is everyone talking about.

    The Valley is our home.  We will get it back.  

    We are not going anywhere.  
  • J BLOCK said:
    We will never be truly successful.
    Harsh, but you are probably right.
  • sam3110 said:
    Or a floating stadium like in Singapore 

    I'm not overly impressed with the design ideas though.

    More Sports More Architecture - Panyee FC  the floating pitch

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  • Interview with Ed Warwick, Financial Director at CAFC, regarding developments at the Valley in the next MOD magazine, out in the next few weeks.

    £5 in all good bookshops/museums/street corners
    Has he taken over from Ed Warrick? Does this one have financial qualifications?


    Why so needlessly petty over a clear typo?

    Does anything in life bring you joy anymore, or are you bitter in everything you do nowadays? 
  • Read somewhere that Network Rail were keen to reopen that branch line
  • edited November 8
    So someone doesn't post the updated Sun article I have simified the situation:
    The lease is 15 years.
    The current ownership group are looking to renegotiate the terms of the lease, which has 11 years remaining.
    According to City AM, the club have held "positive talks" with Duchatelet, with an eventual view to buying the ground outright (Then we would be rid of Roland).
    But should any deal not materialise, Charlton could be forced to move out of The Valley within the next decade.
    There are two sites in which to build a new ground (if needed). 
  • I purpose we crowdfund to make sure the assets are owned by the club.
  • I purpose we crowdfund to make sure the assets are owned by the club.
    Don't think crowd funding is likely to raise the £50m asking price or even the £25m realistic price.

    But if it did I wouldn't then be handing such a valuablle asset over to the club for free
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Roland Out Forever!