Friday 7 September 2018

Usmanov will not bid for Charlton

Alisher Usmanov has made it clear that he will not make a bid for Charlton 'who have not been in the Premier League since 2007': No Charlton plans

Given Roland's recent 'I know nothing' remarks the hopes of the Australian bid reviving any time soon are slim. The outlook is bleak, at some point the club could possibly be in danger.

Some Charlton fans will be relieved that they do not have to deal with an oligarch from eastern Europe. However, any club that wants to be a serious competitor these days needs a wealthy foreign owner (there are a just a few exceptions, e.g., Bristol City). As we have found out, some of these people are barmy and others are dodgy.

However, the idea that Charlton could survive as a 'family club' under fan ownership is a non starter. Portsmouth had to convert from fan ownership to progress.

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