Thomas Sandgaard has denied that a cut of £140k is being made in the Academy budget: https://londonnewsonline.co.uk/thomas-sandgaard-addresses-reports-he-has-cut-140k-of-funding-for-charlton-athletics-academy/
However, he does admit that 'a few opportunities' to cut spending have been identified.
VOTV editor Rick Everitt comments: 'Not that “not accurate” is a significant form of words here. It doesn’t necessarily mean the academy cut is less than £140k.'
Sandgaard implies that the cuts are a few per cent.