Sunday, 8 December 2024

What is the significance of change in board structure?

A brief announcement from the club states that Gavin Carter has been appointed non-executive chair of the Charlton Athletic board and otherwise the roles of the rest of the board remain unchanged.   (Quite what is the 'Charlton Athletic board' is a moot point, but let's not go there).

Carter is a member of the CAS Trust and did an interview with them earlier in the year, in which he declared his adherence to the 'long haul' philosophy: https://www.castrust.org/2024/02/gavin-carter-its-a-long-term-project/

I don't know what significance to attach to this, as I find Global Football Partners somewhat opaque and I don't have an inside track.   It's a bit like trying to work out the meaning of a change in the Chinese Communist leadership.   Who is a real decision-maker and who is a running dog?

The best I can do is to surmise that it is meant to reassure the fans that a fan is the top honcho.  It may also signal a concern that the long haul is turning out to be longer than the long march.   On balance, it looks positive, but the proof will be what changes.

CAS Trust give a balanced response here, but probably not critical enough for root and branch pessimists: https://www.castrust.org/2024/12/we-need-new-year-resolution/

2 comments:

  1. This thrilling news does not leave me expecting a significant change in direction .........

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  2. Probably not, looks like window dressing.

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