Thursday, 9 February 2023

Complicated structure of takeover

Rick Everitt comments: 'Looks like the 80-20 split in the Methven Charlton takeover bid is more complicated than thought, with the 20 intended to include Methven, Lenagan and (likely) Thomas Sandgaard. The 80 is US money and ties up with the earlier Texas stuff. Seems like an exercise in herding cats to me.'

Everitt adds: 'The plan has very much been based on cost-cutting/efficiency plus promotion (which might well be contradictory). Conflicting rumours about whether it’s in trouble and hard to know either way.'

This raises the question of who would be in charge on a day to day basis, although if it is Methven he is a slippery customer. Like all old Etonians, he has excessive confidence in his own judgment.

The complexity of the arrangements confirms my view that the takeover will not happen quickly.

Contract extension for Dobbo

George Dobson has triggered a contract extension.   Dean Holden is full of praise for his captain, although also says there is a lot of improvement in him:

Huddersfield interested in Holden

Huddersfield have Charlton manager Dean Holden on their shortlist for their managerial vacancy. The struggling Championship outfit sacked Mark Fotheringham, their second manager of the season, yesterday.

The Terriers admire the way he has brought stability to Charlton:

Monday, 6 February 2023

Why identity of players offered new deals is kept quiet

Dean Holden explains why he won't identify the trio of young players offered contract extensions:

Holden explains why he rates Michael Hector:

Takeover reports reveal little that is new

Much as I enjoy The Athletic. there is not much that is new in their story this morning about the prospective Charlton takeover.  We knew that Charlie Methven was one of the front men and about the SE7 partners vehicle.   We also knew that most of the £10m asking price was funded by American investors previously involved in the MLS.

We also knew that Roland is not interested in selling The Valley or Sparrows Lane, and why would when he earns £500,000 a year when leasing them out.   His £50m asking price is excessive.

The intentions of the prospective new owners remain opaque, but fans have learnt not to trust fine words and judge them by what they actually do.

Why Charlton fans should be very worried about a Methven takeover:

Saturday, 4 February 2023

Four wins out of five

Charlton's surge up the League One table continued as two early goals helped them to a 2-1 win at Exeter and make it four wins in five league games.  They are now 12th.

Despite a good start from Exeter, it was Charlton that went in front after eight minutes.

Jesurun Rak-Sakyi timed his run to perfection to latch onto George Dobson's clipped ball and he lashed his shot beyond Jamal Blackman.

The Addicks then struck again as Corey Blackett-Taylor took advantage of some charitable Exeter defending to collect Lucas Ness' pass, compose himself, and roll the ball past Blackman with just 18 minutes on the clock.

Exeter manager Gary Caldwell made a surprise change before the half-hour mark by replacing Jack Sparkes with Demetri Mitchell and the substitute got City back into the game when he ghosted in at the far post to volley in Jake Caprice's cross after 31 minutes.

The second half was a more even affair with few chances.

Charlton almost added a third only for Blackman to deny them with a brilliant save to keep out Blackett-Taylor's close-range effort, while Jay Stansfield lashed a shot wide and Harry Kite was denied a spectacular equaliser by Ashley Maynard-Brewer in stoppage time, with Exeter's best chances.

Dean Holden was full of praise for Charlton debutant Gavin Kilkenny:

Holden said it was important to keep the season alive as long as possible: