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Ed Warrick Departs
Comments
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Peter Storrievalleynick66 said:Didn’t we have an interim something or other from Portsmouth not so long ago during our various ownership crises?3 -
I was told 2 weeks ago that he was leaving. It seems like there was a handover period with Tony Brown.YannTheMann said:The statement is odd in that this feels quite rushed in terms of getting it out (no quotes short statement etc.), from an optics perspective doesn't feel like this is 'part of the plan' as it were. Good reviews for Tony Brown though and maybe I'm just reading into it too much
I understand he is looking at other football related opportunities possibly with someone we all know.3 -
Fancies a gig in Jamaica then? 😉Crusty54 said:
I was told 2 weeks ago that he was leaving. It seems like there was a handover period with Tony Brown.YannTheMann said:The statement is odd in that this feels quite rushed in terms of getting it out (no quotes short statement etc.), from an optics perspective doesn't feel like this is 'part of the plan' as it were. Good reviews for Tony Brown though and maybe I'm just reading into it too much
I understand he is looking at other football related opportunities possibly with someone we all know.0 -
Wouldn't be surprised to see another Charlie fronted consortium rock up somewhere in the EFL.sam3110 said:
Fancies a gig in Jamaica then? 😉Crusty54 said:
I was told 2 weeks ago that he was leaving. It seems like there was a handover period with Tony Brown.YannTheMann said:The statement is odd in that this feels quite rushed in terms of getting it out (no quotes short statement etc.), from an optics perspective doesn't feel like this is 'part of the plan' as it were. Good reviews for Tony Brown though and maybe I'm just reading into it too much
I understand he is looking at other football related opportunities possibly with someone we all know.0 -
Another one bits the dust.
Quite a lot of backroom/behind the scenes staff gone in the past year...0 -
Bloke with a job in finance stays at a company for three years, then gets another job.
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?16 -
Not a change i would have called for, but wish him well.1
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Be very surprised if Ed and Charlie turned up together anywhere, except Posh v Oxford maybe.MarcusH26 said:
Wouldn't be surprised to see another Charlie fronted consortium rock up somewhere in the EFL.sam3110 said:
Fancies a gig in Jamaica then? 😉Crusty54 said:
I was told 2 weeks ago that he was leaving. It seems like there was a handover period with Tony Brown.YannTheMann said:The statement is odd in that this feels quite rushed in terms of getting it out (no quotes short statement etc.), from an optics perspective doesn't feel like this is 'part of the plan' as it were. Good reviews for Tony Brown though and maybe I'm just reading into it too much
I understand he is looking at other football related opportunities possibly with someone we all know.2 -
Nothing against Ed, but if you think he’s left by choice you are dreaming.SporadicAddick said:Bloke with a job in finance stays at a company for three years, then gets another job.
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?8 -
Bloke with a job in finance stays at a company for three years, then gets elbowed out.Airman Brown said:
Nothing against Ed, but if you think he’s left by choice you are dreaming.SporadicAddick said:Bloke with a job in finance stays at a company for three years, then gets another job.
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?10 -
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Because it's our club, one we support, in the public eye, where movement of the Chief Financial Officer - not just a fella in finance - is happening. We are a Club without a CEO and now with an interim CFO. If a company or charity CFO moves on people might wonder what's happening with the books, if a CPO goes if there's something happening culturally, etc etc.SporadicAddick said:
Bloke with a job in finance stays at a company for three years, then gets elbowed out.Airman Brown said:
Nothing against Ed, but if you think he’s left by choice you are dreaming.SporadicAddick said:Bloke with a job in finance stays at a company for three years, then gets another job.
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?
Why is it that when someone starts to speculate about something they're interested in there's some forum poster moaning about people discussing what they're interested in?12 -
Was spotted at a Plymouth game towards the end of last season. Think he’s doing his usual and putting a consortium together and will get a small slice for himselfMarcusH26 said:
Wouldn't be surprised to see another Charlie fronted consortium rock up somewhere in the EFL.sam3110 said:
Fancies a gig in Jamaica then? 😉Crusty54 said:
I was told 2 weeks ago that he was leaving. It seems like there was a handover period with Tony Brown.YannTheMann said:The statement is odd in that this feels quite rushed in terms of getting it out (no quotes short statement etc.), from an optics perspective doesn't feel like this is 'part of the plan' as it were. Good reviews for Tony Brown though and maybe I'm just reading into it too much
I understand he is looking at other football related opportunities possibly with someone we all know.0 -
As long as he tracks back, I’m in favour.Bedsaddick said:Never heard of him .0 -
You are right - it’s absolutely appropriate to suggest, credibly, that “This screams like a new owner/ownership group getting under the bonnet as such, and I’ve heard similar”.PaddyP17 said:
Because it's our club, one we support, in the public eye, where movement of the Chief Financial Officer - not just a fella in finance - is happening. We are a Club without a CEO and now with an interim CFO. If a company or charity CFO moves on people might wonder what's happening with the books, if a CPO goes if there's something happening culturally, etc etc.SporadicAddick said:
Bloke with a job in finance stays at a company for three years, then gets elbowed out.Airman Brown said:
Nothing against Ed, but if you think he’s left by choice you are dreaming.SporadicAddick said:Bloke with a job in finance stays at a company for three years, then gets another job.
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?
Why is it that when someone starts to speculate about something they're interested in there's some forum poster moaning about people discussing what they're interested in?
Actually, and without alternative credible insight, which I’ve yet to see, It screams of a bloke leaving a job, or being pushed out of a job. An everyday occurrence.
Not a moan, just a robust position to take in the absence of any other insight…1 -
I'm guessing you know exactly why?Airman Brown said:
Nothing against Ed, but if you think he’s left by choice you are dreaming.SporadicAddick said:Bloke with a job in finance stays at a company for three years, then gets another job.
An everyday occurrence.
Why is it that when it happens at a football club people start to create theories?
Let's hear it!4 -
That’s called being professional. Long may it continue with our club and club staff.SheikhYurKory said:Let’s see what the next six months brings. Ed was actively posting positively about Charlton on LinkedIn not long ago, and now we get a hastily announced departure via tweet, with no rumours beforehand.
I hope I’m wrong, because the current ownership has been excellent, but it does make me wonder whether there are changes happening behind the scenes. Let’s just hope any changes are for the better.
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Ed was never a CFO before joining Charlton, so it was always a strange role for him to take/be put into. He does seem to have been far more active since Methven left and seems to have taken genuine pleasure in the positives that have been happening around the club. But…he was very much on the finance side of the “Gang of Four” with Methven and there’s a reason those two have been moved on since the owner’s have put Gavin into a more active role. Scott was quickly shown as disastrous and wasn’t missed.
The only surviving member is Rodwell and, with Jones, he’s seen as achieving/exceeding his targets, so he’s the exception at the moment.Have heard good things about the interim CFO. It’s a role he’s very qualified for and these owners want someone with a handle on finances, rather than the BS they were served up by Charlie.8 -
My understanding was that Ed and Charlie were not on the best of terms when Charlie left.TelMc32 said:Ed was never a CFO before joining Charlton, so it was always a strange role for him to take/be put into. He does seem to have been far more active since Methven left and seems to have taken genuine pleasure in the positives that have been happening around the club. But…he was very much on the finance side of the “Gang of Four” with Methven and there’s a reason those two have been moved on since the owner’s have put Gavin into a more active role. Scott was quickly shown as disastrous and wasn’t missed.
The only surviving member is Rodwell and, with Jones, he’s seen as achieving/exceeding his targets, so he’s the exception at the moment.Have heard good things about the interim CFO. It’s a role he’s very qualified for and these owners want someone with a handle on finances, rather than the BS they were served up by Charlie.
Charlie, and Barry Higson the commercial manager, made a lot of big promises he couldn't keep and spent money unwisely which made things difficult for the Finance Officer.
Terry Brown definately has an impressive CV but, as I've already said, he's only interim and we have no CEO.
Not an ideal management structure IMHO.
Does that mean the club will collapse, probably not.
Does it mean we're getting completely new owners? I doubt it. Carter has already said they are open to additional investment.
Is it something to dismiss out of hand as people change jobs all the time? No, the senior management team is an important part of any successful organisation so change within ours is worthy of discussion.7 -
Our ownership model is I think quite complicated. I wonder if there’s the possibility that it’s going to be streamlined with some shares changing hands or some investors departing. Perhaps a few years into the project some minds are being focused and things are being sharpened up. If Airman’s assertion that EW was pushed rather than jumped then it’s maybe slightly more than someone leaving to take advantage of other opportunities. Pure speculation on my part.0
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So under EW watch we loss £16M (as per BBC back in March)
A Is that correct?
B How do we sustain that kind of loss?
C How much is available for 1st team investment?
Would be grateful to some of our business gurus for answers.
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Maybe a finance person will come in with the remit that the club breaks even, which might mean successive relegations but the survival of Charlton Athletic.
It is possible that our dozen or so billionaires don’t want to subsidise our interest any longer.2 -
Absolutely agree and I think the more prominent role that Ed took after Charlie left was welcoming and he really seemed to come across well. I’m not convinced CFO was the right role for him, but certainly wish him well.Henry Irving said:
My understanding was that Ed and Charlie were not on the best of terms when Charlie left.TelMc32 said:Ed was never a CFO before joining Charlton, so it was always a strange role for him to take/be put into. He does seem to have been far more active since Methven left and seems to have taken genuine pleasure in the positives that have been happening around the club. But…he was very much on the finance side of the “Gang of Four” with Methven and there’s a reason those two have been moved on since the owner’s have put Gavin into a more active role. Scott was quickly shown as disastrous and wasn’t missed.
The only surviving member is Rodwell and, with Jones, he’s seen as achieving/exceeding his targets, so he’s the exception at the moment.Have heard good things about the interim CFO. It’s a role he’s very qualified for and these owners want someone with a handle on finances, rather than the BS they were served up by Charlie.
Charlie, and Barry Higson the commercial manager, made a lot of big promises he couldn't keep and spent money unwisely which made things difficult for the Finance Officer.
Terry Brown definately has an impressive CV but, as I've already said, he's only interim and we have no CEO.
Not an ideal management structure IMHO.
Does that mean the club will collapse, probably not.
Does it mean we're getting completely new owners? I doubt it. Carter has already said they are open to additional investment.
Is it something to dismiss out of hand as people change jobs all the time? No, the senior management team is an important part of any successful organisation so change within ours is worthy of discussion.We’ve taken far too long to sort out the CEO role, even with the Dane Murphy mess, and I’m sure Gavin can’t keep trying to cover all bases when he has his own business to run. Someone needs to be brought in to pull this all together and sort out the mess, particularly in finance, very quickly. We’d be mad to ignore the issues this can cause for us.5 -
Warrick had a corporate finance/investment "deal making" background, rather than an accountancy/operational one. I got the feeling he quite enjoyed getting stuck into day to day matters, but he was quite inexperienced there.
Tony Brown certainly has a good cv for the job, having had interim jobs at Plymouth and Blackburn as well as the long spell at Pompey, a decent spell at Cardiff and at Everton's parent company. This would be his 3rd interim job.
https://www.linkedin.com/in/tony-brown-ba493225/details/experience/
Plus he scored 279 goals for West Brom.3 -
He was the chief financial officer. He counted the money, he didn't generate it.usetobunkin said:So under EW watch we loss £16M (as per BBC back in March)
A Is that correct?
B How do we sustain that kind of loss?
C How much is available for 1st team investment?
Would be grateful to some of our business gurus for answers.
The owner/investors give the club a budget, not the CFO.
The owners know they will lose money last season and next season.
CAFC is a loss making club just like just about ever club in the 92. Chelsea lost around £230m
Nearly all our spend is on player fees and wages.
We don't know what our "first team investment" budget is but I'd guess £10m BUT BUT BUT most of that is already committed to wages for existing players under contract hence why they want to be "ruthless" in moving on current wages.
That frees up money for new contract wages, it doesn't mean we'll spend £10m on transfer fees unless we sell a player/s.
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Who was that CEO at Wigan who grew up in Plumstead?TelMc32 said:
Absolutely agree and I think the more prominent role that Ed took after Charlie left was welcoming and he really seemed to come across well. I’m not convinced CFO was the right role for him, but certainly wish him well.Henry Irving said:
My understanding was that Ed and Charlie were not on the best of terms when Charlie left.TelMc32 said:Ed was never a CFO before joining Charlton, so it was always a strange role for him to take/be put into. He does seem to have been far more active since Methven left and seems to have taken genuine pleasure in the positives that have been happening around the club. But…he was very much on the finance side of the “Gang of Four” with Methven and there’s a reason those two have been moved on since the owner’s have put Gavin into a more active role. Scott was quickly shown as disastrous and wasn’t missed.
The only surviving member is Rodwell and, with Jones, he’s seen as achieving/exceeding his targets, so he’s the exception at the moment.Have heard good things about the interim CFO. It’s a role he’s very qualified for and these owners want someone with a handle on finances, rather than the BS they were served up by Charlie.
Charlie, and Barry Higson the commercial manager, made a lot of big promises he couldn't keep and spent money unwisely which made things difficult for the Finance Officer.
Terry Brown definately has an impressive CV but, as I've already said, he's only interim and we have no CEO.
Not an ideal management structure IMHO.
Does that mean the club will collapse, probably not.
Does it mean we're getting completely new owners? I doubt it. Carter has already said they are open to additional investment.
Is it something to dismiss out of hand as people change jobs all the time? No, the senior management team is an important part of any successful organisation so change within ours is worthy of discussion.We’ve taken far too long to sort out the CEO role, even with the Dane Murphy mess, and I’m sure Gavin can’t keep trying to cover all bases when he has his own business to run. Someone needs to be brought in to pull this all together and sort out the mess, particularly in finance, very quickly. We’d be mad to ignore the issues this can cause for us.
Heard from an unreliable source that he was a good guy😁2 -
I never understood how we could have a CFO who had no accountancy qualifications
From the sound of the comments on here Ed was a really nice guy but wasn't really qualified to do the job0 -
I heard he was leaving /left the beginning of last weekfenaddick said:
I agree it's odd but bringing in someone isn't a quick thing, unless Warrick left weeks ago but that would be hard to keep quietYannTheMann said:The statement is odd in that this feels quite rushed in terms of getting it out (no quotes short statement etc.), from an optics perspective doesn't feel like this is 'part of the plan' as it were. Good reviews for Tony Brown though and maybe I'm just reading into it too much3 -
Any idea why the CEO appointment is taking so very very long??0
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No but it is a very good question.carly burn said:Any idea why the CEO appointment is taking so very very long??0 -
So does this mean we currently have no CEO, no CFO and no COO?
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