Wednesday 22 June 2022

Roland would want £44m for The Valley

The 2020/21 accounts for Charlton Athletic Holdings have been published confirming that £44m of leasehold improvements were transferred from CAFC Ltd to the Duchatelet-owned company when Thomas Sandgaard bought the club in September 2020.

VOTV editor Rick Everitt comments: ‘This essentially means the stands and other buildings at The Valley and Sparrows Lane became RD’s property - in return for wiping out the similar loan from RD’s Staprix to Charlton. It’s NOT news but it does firm up the detail.’

‘It’s probably also a good indicator of what the Belgian will continue to demand for the return of The Valley (by far the more valuable of the two sites).’

I have not yet read the accounts, but will add any relevant details.

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