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Online fan meeting with club directors - next one Thurs Jan 23rd 7pm (p8)
Comments
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“Football expenditure” increased ~£1.8m in the last two years.
Will be interesting to see what 23/24 figures look like and how they compare to other clubs, I agree with that sentiment.
Expectations that we blow other clubs “out of the water” sounds very spoiled. That’s never been Charlton - our club is hard working one that works harder and works smarter than others for it’s success. It’s never been bought.
A top 4/top 6 budget should be sufficient for this club to get promoted. We could go and spend a few more million in the next week, the next window but it actually guarantees nothing.1 -
LargeAddick said:Er_Be_Ab_Pl_Wo_Wo_Ch said:As someone living in Kent I was pleased to hear Methven praise the importance of Valley Express.
With my boy travelling with me, it's such an easy way for us to get to games - no queueing for the train, no faffing around for a parking space, etc. If they could figure out a sensible pricepoint and marketing they could certainly make more of it (providing a widely-used service, retaining support) than they currently do. Airman may well have figures that back this up, or perhaps not, maybe I'm in a small minority that appreciate the service.5 -
Charlie waffled on about fan engagement and the importance.
I give you four posters on here(we know who they are) who can TRANSFORM things dramatically on a wide scale.
A shame these clowns know better.1 -
Saw this summary online from
https://x.com/ChrisWo30990144
Note: he's guessed the 8+8+8 players, no one was named or hinted at.
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Repeat: the names given were a guess by the fan on twitter. No names were given in the Q&A
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ElfsborgAddick said:Charlie waffled on about fan engagement and the importance.
I give you four posters on here(we know who they are) who can TRANSFORM things dramatically on a wide scale.
A shame these clowns know better.1 -
msomerton said:Callumcafc said:ElfsborgAddick said:Braziliance said:Chunes said:Fee signings are overrated -- a player doesn't immediately become better because we signed them for money. Many good players run down their contract so they can take the best offer. Some teams have gone up with barely anything spent on fees. Yeah, they might be struggling in the Champ, but whether you can survive there without investment is a different argument altogether.
You still need to be competitive to sign free agents or have an advantage in some form like area. We secured Lyle Taylor and Alfie May over Sunderland and Derby respectively through location as an example.
Spending transfer fees can in some cases can bypass competition in the free agent market and potentially avoid bigger singing on fees.
Top free agents aren't cheap. This all falls back to spending cash, again.
Being smart with that kind of money should see a top two challenge, top six minimum. Unfortunately we’ve underperformed for a good few years now.
I work on the basis that anything our owners and management say is mainly bollocks so when they stated the 4th biggest budget I laughed it off0 -
Thing is, the 4th largest budget isn't something that makes the SMT look good.
It makes them look bad because the team is underperforming if it doesn't finish 4th or above.
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Airman Brown said:WrightCharlie said:CharltonKerry said:Henry Irving said:golfaddick said:Henry Irving said:Some good ie the top line finances although we seemed to have skipped a year.
Net transfer spend of £800k to £1m
CM sometimes lets slip more than he intends.
IE bringing catering in house, change in shirt sponsors. Shame those issues weren't probed more but you can't blame in-house interviewers for not going full Jeremy Paxman
Think he confirmed what I said a few weeks back eg the big money guys are happy to put in what they said they would (£10m pa) but they aren't going to splash the cash over and above that.
CM was right say we can't talk about success until we get promoted. Were not on track for that but at least he acknowledged that.
Carter isn't a natural on TV and I keep thinking he's @AFKABartram but he is on top of his brief and appears to be constantly talking to managers.
On to the negative. The questioning was largely vague and soft, and especially from the reps. The fans questions from whattsapp were better and more to the point.
And Ali Maxwell: why? Must be a dozen CAFC fans who could do that.
Technically it was poor, sound was uneven and someone tell CM to look into the camers
I actually think all the fan engagement stuff is good but it's not very sexy for most fans and I have my own issues right now about how much it is real when push comes to shove.
Pleased for Jon and Lewis. I still thing the advisory board set up is totally wrong but that's for another debate.
I'm a big critic of CAST so this will be dismissed by some as having an axe to grind but tonight Heather didn't present CAST as an organisation likely to ask tough or probing questions or that would hold the board to account.
Overall, it was good that it happened but I think the club over managed it due to a lack of confidence/fear of difficult questions when in reality they would have been better to just take whatever came. Nothing should really come as a surprise to them and none of the four are that inarticulate or unable to think on their feet.
The owners are happy to keep ploughing in £10m a year just to stay in this division, with every few seasons a player sale might be enough to buy a couple more mediocre players that will help us finish 10th. Because they have no ambition to ever spend any money that might get us out of this poxy league.
RIght-o.
I believe CM sold them the idea that he could reduce costs and increase income (see his ££ slide) and this, plus boosting the squad with academy talent which is our big USP, would produce the additional budget to produce a promotion winning team.
Not happened IMHO because of our poor recruitment (even Rodwell said how poorly we'd used the loan market) and the churn of managers.
The problem is that the SMT stated they could reduce the losses to a more sustainable £3 million or less per year which meant there would be around £7 million per year for investment in players and infrastructure, this they have failed to do successfully as from the figures shown by the SMT would appear that the reduction was being generous £1/2 million or less, so the losses reduced from around £9 million to £8.5 millions. Which means now we have £1.5 millions to invest in infrastructure/ players.So as I see it the owners are doing their bit, but the SMT have totally failed, I know this is very simplistic but, the owners must be looking at the figures and surly thinking, the SMT are failing and need replacing. They will not be thinking about spending more money than they agreed to (for ground purchase, but if pushed them may consider extending lease), infrastructure and new players, let’s be honest would you?So my expectations is that there will be a new SMT in place by this time next year, they will be charged to reduce costs hopefully to a more realistic figure (my guess £5 million or less) therefore Charlton would have around £5 million a year for infrastructure and players. The big worry is how do you reduce the losses to £5 million?Probably a load of rubbish, but that’s my take from what I read on here.
And then grasping at a straw...... would it be feasible to develop the academy to contributing a further £7m net per annum from player sales......... mens and women's..... by somehow holding on to our young talent for longer.... for silly money...... rather than taking the first offer that came along.....?
i have a feeling CM said something about getting operating losses down to £6m this season previously, but I haven’t found it. Anyone else remember that?..... I didn't remember those details you posted either....... would be good to be able to ask, based on the ££ slide they showed, how his numbers might come about?
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Callumcafc said:“Football expenditure” increased ~£1.8m in the last two years.
Will be interesting to see what 23/24 figures look like and how they compare to other clubs, I agree with that sentiment.
Expectations that we blow other clubs “out of the water” sounds very spoiled. That’s never been Charlton - our club is hard working one that works harder and works smarter than others for it’s success. It’s never been bought.
A top 4/top 6 budget should be sufficient for this club to get promoted. We could go and spend a few more million in the next week, the next window but it actually guarantees nothing.
million non football costs?
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I am pretty sure that during the meeting Methven emphasised he wasn’t a Charlton fan, and bounced that particular question (I can’t remember what it was about) onto Gavin Carter.0
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Mendonca In Asdas said:Callumcafc said:“Football expenditure” increased ~£1.8m in the last two years.
Will be interesting to see what 23/24 figures look like and how they compare to other clubs, I agree with that sentiment.
Expectations that we blow other clubs “out of the water” sounds very spoiled. That’s never been Charlton - our club is hard working one that works harder and works smarter than others for it’s success. It’s never been bought.
A top 4/top 6 budget should be sufficient for this club to get promoted. We could go and spend a few more million in the next week, the next window but it actually guarantees nothing.
million non football costs?A chunk will be stadium costs, including matchday stewards etc as well as Roland’s rent, but also the cost of the retail stock (which makes the maths in that table implausible by the way, because it isn’t offset in the income column where retail is, for comparison purposes which I recognise, given as net). There will be a maintenance budget. Utilities. IT. Business rates. Transport.Salaries and on-costs, including senior pay, will make up a large block. If we assume the club employs about 40 non-football staff on average pay that might account for £1.5m - £2m including on-costs. The group of execs may account for another £1m?2 -
I imagine the likes of Godden, Berry, Docherty and Coventry are all on decent wages for this level.0
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eaststandmike said:msomerton said:Callumcafc said:ElfsborgAddick said:Braziliance said:Chunes said:Fee signings are overrated -- a player doesn't immediately become better because we signed them for money. Many good players run down their contract so they can take the best offer. Some teams have gone up with barely anything spent on fees. Yeah, they might be struggling in the Champ, but whether you can survive there without investment is a different argument altogether.
You still need to be competitive to sign free agents or have an advantage in some form like area. We secured Lyle Taylor and Alfie May over Sunderland and Derby respectively through location as an example.
Spending transfer fees can in some cases can bypass competition in the free agent market and potentially avoid bigger singing on fees.
Top free agents aren't cheap. This all falls back to spending cash, again.
Being smart with that kind of money should see a top two challenge, top six minimum. Unfortunately we’ve underperformed for a good few years now.
I work on the basis that anything our owners and management say is mainly bollocks so when they stated the 4th biggest budget I laughed it off0 -
msomerton said:eaststandmike said:msomerton said:Callumcafc said:ElfsborgAddick said:Braziliance said:Chunes said:Fee signings are overrated -- a player doesn't immediately become better because we signed them for money. Many good players run down their contract so they can take the best offer. Some teams have gone up with barely anything spent on fees. Yeah, they might be struggling in the Champ, but whether you can survive there without investment is a different argument altogether.
You still need to be competitive to sign free agents or have an advantage in some form like area. We secured Lyle Taylor and Alfie May over Sunderland and Derby respectively through location as an example.
Spending transfer fees can in some cases can bypass competition in the free agent market and potentially avoid bigger singing on fees.
Top free agents aren't cheap. This all falls back to spending cash, again.
Being smart with that kind of money should see a top two challenge, top six minimum. Unfortunately we’ve underperformed for a good few years now.
I work on the basis that anything our owners and management say is mainly bollocks so when they stated the 4th biggest budget I laughed it off
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eaststandmike said:msomerton said:eaststandmike said:msomerton said:Callumcafc said:ElfsborgAddick said:Braziliance said:Chunes said:Fee signings are overrated -- a player doesn't immediately become better because we signed them for money. Many good players run down their contract so they can take the best offer. Some teams have gone up with barely anything spent on fees. Yeah, they might be struggling in the Champ, but whether you can survive there without investment is a different argument altogether.
You still need to be competitive to sign free agents or have an advantage in some form like area. We secured Lyle Taylor and Alfie May over Sunderland and Derby respectively through location as an example.
Spending transfer fees can in some cases can bypass competition in the free agent market and potentially avoid bigger singing on fees.
Top free agents aren't cheap. This all falls back to spending cash, again.
Being smart with that kind of money should see a top two challenge, top six minimum. Unfortunately we’ve underperformed for a good few years now.
I work on the basis that anything our owners and management say is mainly bollocks so when they stated the 4th biggest budget I laughed it off0 -
CharltonKerry said:Henry Irving said:CharltonKerry said:@henryirving I don’t, mind you with my memory I might have forgotten😀.
Your post reminded me.0 -
The Prince-e-Paul said:eaststandmike said:msomerton said:eaststandmike said:msomerton said:Callumcafc said:ElfsborgAddick said:Braziliance said:Chunes said:Fee signings are overrated -- a player doesn't immediately become better because we signed them for money. Many good players run down their contract so they can take the best offer. Some teams have gone up with barely anything spent on fees. Yeah, they might be struggling in the Champ, but whether you can survive there without investment is a different argument altogether.
You still need to be competitive to sign free agents or have an advantage in some form like area. We secured Lyle Taylor and Alfie May over Sunderland and Derby respectively through location as an example.
Spending transfer fees can in some cases can bypass competition in the free agent market and potentially avoid bigger singing on fees.
Top free agents aren't cheap. This all falls back to spending cash, again.
Being smart with that kind of money should see a top two challenge, top six minimum. Unfortunately we’ve underperformed for a good few years now.
I work on the basis that anything our owners and management say is mainly bollocks so when they stated the 4th biggest budget I laughed it off
Of course clubs such as Sheff Wed likely had a bigger wage bill than us, but higher income and/or player sales is probably why we’re above them.
https://x.com/kieranmaguire/status/1821272908146339951?s=46&t=A-w3Eq0EWWpjMxring904Q
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valleynick66 said:Weegie Addick said:valleynick66 said:Off_it said:I keep reading that we need to "spend money", "gamble", "go for broke", "break the bank".
Maybe we should get the European Player of the Year in on a contract we can't afford to honour?No comment on Hulyers financial management.
Not that I remember all of that from memory. Thanks be to Colin Cameron's fine tome.
I suppose @Braziliance will have no clue about any of this. Pity we can't stick him in a Tardis back to the 82/83 season and keep him there for the whole season. Including Barnsley away on the football special with bedsheets placed over the windows of the train home (by BR staff) because of the risk of bricks being thrown by the locals.0 -
KBslittlesis said:CharltonKerry said:Henry Irving said:CharltonKerry said:@henryirving I don’t, mind you with my memory I might have forgotten😀.
Your post reminded me.2 -
Gavin Carter fairly complimentary of Sandgaard just now in his Q&A in the Vista Lounge0
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Croydon said:Gavin Carter fairly complimentary of Sandgaard just now in his Q&A in the Vista Lounge3
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PragueAddick said:valleynick66 said:Weegie Addick said:valleynick66 said:Off_it said:I keep reading that we need to "spend money", "gamble", "go for broke", "break the bank".
Maybe we should get the European Player of the Year in on a contract we can't afford to honour?No comment on Hulyers financial management.
Not that I remember all of that from memory. Thanks be to Colin Cameron's fine tome.
I suppose @Braziliance will have no clue about any of this. Pity we can't stick him in a Tardis back to the 82/83 season and keep him there for the whole season. Including Barnsley away on the football special with bedsheets placed over the windows of the train home (by BR staff) because of the risk of bricks being thrown by the locals.We were never seriously challenging for the top division in my memory of the late seventies and early eighties and were as likely to lose as win. It was a bit of excitement otherwise reserved for other teams.It was a major highlight when the TV gantry / scaffold appeared on the East terrace let alone players making headlines.1 -
Airman Brown said:Croydon said:Gavin Carter fairly complimentary of Sandgaard just now in his Q&A in the Vista Lounge
Sandgaard did so much damage to our club, how supporters of our club cannot see that is a mystery to me5 -
PragueAddick said:shirty5 said:fenaddick said:redbuttle said:blackpool72 said:Callumcafc said:Jon Whitfield and Lewis Catt appointed to the new Advisory Board.
Defo the two best candidatesAlternatively stand for election, get voted in, and show us all how to run it better.
Waste of my time but it does not stop me or anyone else having their opinion.Maybe if if I had 2/3 likeminded people alongside me. Maybe it will change with the people voted onto the advisory board4 -
JohnnyH2 said:Airman Brown said:Croydon said:Gavin Carter fairly complimentary of Sandgaard just now in his Q&A in the Vista Lounge
Sandgaard did so much damage to our club, how supporters of our club cannot see that is a mystery to me4 -
shirty5 said:PragueAddick said:shirty5 said:fenaddick said:redbuttle said:blackpool72 said:Callumcafc said:Jon Whitfield and Lewis Catt appointed to the new Advisory Board.
Defo the two best candidatesAlternatively stand for election, get voted in, and show us all how to run it better.
Waste of my time but it does not stop me or anyone else having their opinion.Maybe if if I had 2/3 likeminded people alongside me. Maybe it will change with the people voted onto the advisory board
The most difficult thing about a Supporters Trust is that it's got to look and sound like an organisation that the Club ownership thinks is worth talking with. Otherwise it really is useless. I agree with the criticisms of Heather's questions on Thursday, but she's done some brilliant work that doesn't get much talked about on CL, and I think she misread how that meeting format would pan out. It was designed to filter and neutralise all the questions, like one of those crap footie phone ins.4