Well done David Beckham for stating he would not play in a special friendly to mark the passing of his career.
Beckham splits fans between a vital quality player or a fancy dan, a holder of 115 caps or a player whose 115 caps do not represent quality time spent on the pitch.
My own view has been that he was a vital part of the England set up who has been unfairly vilified, but who has also received more praise than he has warranted.
If last night Capello was really calling time on Beckhams career, and don't forget he has done that before at Real Madrid and had to eat his words, then it was done in a very clumsy way. You have to wonder if it was deliberate or just a response to a question that went wrong.
Whatever it was, the result of the answerr was to deflect from the match yesterday and maybe, just maybe Capello would prefer talk of Beckham rather than his teams performances on the pitch.
However good a player is,the sands of time run through, the discarding of a star can be brutal ask Kevin Keegan and Ray Clemence can testify and Beckham may argue the same,but let no one forget that these international players are in a better place than their lower league colleagues and lets not forget the sad passing this week from cancer of 31 year old Exeter forward Adam Stansfield.
Thursday, 12 August 2010
Wednesday, 11 August 2010
Don't Panic, Don't Panic
Already the knives are being sharpened for Phil Parkinson, especially on 606, although to be fair Charlton Life seem to be viewing last night as juts another night in the life of supporting Charlton Athletic.
Yes we should be able to hold onto a 3-0 lead against lower level opposition and the result will have hit some of the younger players confidence, but lets look at the positive:-
1. we have players who will be relatively fresh coming back on Fridays meet with Matt Spring.
2. In two games our strikers have scored four goals, shared out amongst three of them, when did that last happen?
3. Our current three key strikers are up and running.
4. We went out at the same stage last season, it did not harm our performance across the season.
5. In fact, when we went out last season we were at the beginning of a seven game winning streak.
The success of this season is not going to be judged on the cups or single games, it will be judged on the league campaign and I have high hopes for a lesser talented but better balanced team doing ok.
Yes we should be able to hold onto a 3-0 lead against lower level opposition and the result will have hit some of the younger players confidence, but lets look at the positive:-
1. we have players who will be relatively fresh coming back on Fridays meet with Matt Spring.
2. In two games our strikers have scored four goals, shared out amongst three of them, when did that last happen?
3. Our current three key strikers are up and running.
4. We went out at the same stage last season, it did not harm our performance across the season.
5. In fact, when we went out last season we were at the beginning of a seven game winning streak.
The success of this season is not going to be judged on the cups or single games, it will be judged on the league campaign and I have high hopes for a lesser talented but better balanced team doing ok.
Monday, 9 August 2010
Sunday, 8 August 2010
Summary of disposal of Charlton Letter
I received the letter from Sturat Butler Gaille regarding the management buy out of Charlton by Richard Murray, I have summarised as best I could but may have missed some or misinterpreted - new word of the day Novated - but hopefully for those that have not received the letter of who have not read it,it willgive you an idea of what its all about, constructive clarification of any points misinterpretted would be appreciated.
The disposal letter is a very boring document!
1. Over the last three years £14 + mill has been raised by the directors through Convertible corporate bonds, I addition £7m has been raised in working capital in Directors loans. Entitlement to be paid interest has continued to be deferred.
2. In addition, personal guarantees have been given in respect of the overdraft facility provided by a group of the directors.
3. Third parties have contacted the club regarding investment over the last 12 months and including during this summer, but this interest has proved fruitless.
4. On 14th August 2009 a consortium approached the club to purchase the full shareholding, however due diligence showed that the consortium did not have the financial funding to complete the purchase.
5. Richard Murray has agreed with his fellow directors and bondholders to effect a management buy out, which will enable him to provide further personal financial funding and time to seek further investment.
6. Murrays company will buy all shares for £2.00, with the discharge and or assumption of certain liabilities.
7. The holders of the Bonds (£14+m), have converted the bonds to £0.30 shares, removing the debt from the balance sheet. All rights to payment of accrued outstanding interest on the bonds has been waived.
This is where it gets complicated and uses big words I don’t know, so hopefully I have got it right.
8. The Directors loans have not been waived, however repayment terms are that no repayment will be made until such time as Charlton return to the premier League.
Interest on Director Loans will only be paid in the event that the club is competing in the Championship. Any interest accrued under the directors loans will be waived to the date of completion of the disposal..
9. The Directors are all in agreement.
10. The company formed by Richard Murray is BATON 2010 Ltd and the shareholders are Richard Murray, Andrew Murray and Hannah Murray.
11. Richard Murray is providing further working capital which is available to draw down during 2010/11 and has personally guaranteed £1m overdraft facility.
12. The company name will change from Charlton Athletic plc to CA plc.
13. A General Meeting to ratify the transfer will be held at the Valley on 23rd August at 11.00 am
Finally,in summary CA Plc is being wound up as it no longer has any assets or liabilities, which have been sold to Baton and all of its liabilities having been passed on.
The disposal letter is a very boring document!
1. Over the last three years £14 + mill has been raised by the directors through Convertible corporate bonds, I addition £7m has been raised in working capital in Directors loans. Entitlement to be paid interest has continued to be deferred.
2. In addition, personal guarantees have been given in respect of the overdraft facility provided by a group of the directors.
3. Third parties have contacted the club regarding investment over the last 12 months and including during this summer, but this interest has proved fruitless.
4. On 14th August 2009 a consortium approached the club to purchase the full shareholding, however due diligence showed that the consortium did not have the financial funding to complete the purchase.
5. Richard Murray has agreed with his fellow directors and bondholders to effect a management buy out, which will enable him to provide further personal financial funding and time to seek further investment.
6. Murrays company will buy all shares for £2.00, with the discharge and or assumption of certain liabilities.
7. The holders of the Bonds (£14+m), have converted the bonds to £0.30 shares, removing the debt from the balance sheet. All rights to payment of accrued outstanding interest on the bonds has been waived.
This is where it gets complicated and uses big words I don’t know, so hopefully I have got it right.
8. The Directors loans have not been waived, however repayment terms are that no repayment will be made until such time as Charlton return to the premier League.
Interest on Director Loans will only be paid in the event that the club is competing in the Championship. Any interest accrued under the directors loans will be waived to the date of completion of the disposal..
9. The Directors are all in agreement.
10. The company formed by Richard Murray is BATON 2010 Ltd and the shareholders are Richard Murray, Andrew Murray and Hannah Murray.
11. Richard Murray is providing further working capital which is available to draw down during 2010/11 and has personally guaranteed £1m overdraft facility.
12. The company name will change from Charlton Athletic plc to CA plc.
13. A General Meeting to ratify the transfer will be held at the Valley on 23rd August at 11.00 am
Finally,in summary CA Plc is being wound up as it no longer has any assets or liabilities, which have been sold to Baton and all of its liabilities having been passed on.
Saturday, 7 August 2010
Mrs Sam gets Scrubbing
The fans came out in droves during the week to save the club either the cost of cleaners for the seats or more likely the fans cleaning the seats as they took their places on Saturday and so avoided a plethora of complaints.
Amongst them was Lloyd Sams 2nd mum, who has sponsored lloyds shirt for the last 7 seasons. Scrubbing away was the final phase of Mrs Sam's separation therapy after said Mr Sam departed to northern parts.
Amongst them was Lloyd Sams 2nd mum, who has sponsored lloyds shirt for the last 7 seasons. Scrubbing away was the final phase of Mrs Sam's separation therapy after said Mr Sam departed to northern parts.
CAFC Seats Clean Up (Julie Meadows) - 03/08/2010 from phil webster on Vimeo.
Friday, 6 August 2010
Boo boys for the new boys
The new boys in the Championship, Norwich lost at home in the first game of the 2010 / 2011 season and from the sound of the radio were booed off the pitch. No pleasing some carrot crunchers,this time last season they were a league below and conceding 7 goals. And yet they finished, by a mile top of the Division.
Tomorrow its our turn to enter the fray,or let Parkie release his dogs of war. As stated here and on many other blogs Parkies recruitment appears to be pretty good based on his budget, However before we get too excited, lets not forget the talent that has left, whoever they were, nor that players are not available for free for charitable reasons. Doherty, McCullogh Abbot and Jackson were players that held down first team places in their previous teams, but others have come to us without track record - Fry, looking to resurrect their careers - Reid, Akpoe, Martin. Every player is a gamble, people forget the utter rubbish that Fergusson brought to Old Trafford, I can't even remember most of them Djemba Djemba, plus others and don't get me on the subject of £120 million and Rafa Benitez.
With the exception of Matt Spring, no player has had a bad word about Parkie and I believe he has the ability to restore these players to their potential. However,it may not happen tomorrow, I think we will win, but it could go wrong and if it does then I hope our boo boys, you know the ones that boo our players before they have even kicked a ball,give the players a chance and leave it for a game or two, lets get behind the team,behind the manager and to paraphrase David Steel, lets go to the Valley and prepare for promotion!!
Tomorrow its our turn to enter the fray,or let Parkie release his dogs of war. As stated here and on many other blogs Parkies recruitment appears to be pretty good based on his budget, However before we get too excited, lets not forget the talent that has left, whoever they were, nor that players are not available for free for charitable reasons. Doherty, McCullogh Abbot and Jackson were players that held down first team places in their previous teams, but others have come to us without track record - Fry, looking to resurrect their careers - Reid, Akpoe, Martin. Every player is a gamble, people forget the utter rubbish that Fergusson brought to Old Trafford, I can't even remember most of them Djemba Djemba, plus others and don't get me on the subject of £120 million and Rafa Benitez.
With the exception of Matt Spring, no player has had a bad word about Parkie and I believe he has the ability to restore these players to their potential. However,it may not happen tomorrow, I think we will win, but it could go wrong and if it does then I hope our boo boys, you know the ones that boo our players before they have even kicked a ball,give the players a chance and leave it for a game or two, lets get behind the team,behind the manager and to paraphrase David Steel, lets go to the Valley and prepare for promotion!!
Thursday, 5 August 2010
Portsmouth 1 HMRC O
A late own goal by her majesty's collectors of taxes allowed championship side Portsmouth continue to ply its trade in the football league. HMRC are not appealing the judgement so Pompey can enter into the new season safe in the knowledge that they have averted rejection of their CVA and acceptance of of 20p in the pound to their creditors, with the exception of their football debts which are paid in full.
As a football fan I am pleased that Pompey are to remain in existence, but is it fair that multi millionaires such as Glen Johnson and Peter Crouch should receive full payment, whilst a builder who worked on their dressing rooms should only get 20% of what is owed to him and get this its paid over 5 years, same with St John Ambulance and of course the revenue. Now none of us like the revenue, but in the main we have to pay them, so why do football clubs not do so?
In November the revenue will go to court against the Premier league to prevent the preferred creditor rule, I sinserely hope that they win,but that said it won't be the big clubs thsat get squeezed and thats the upsetting thing, as ever the big clubs will get away with it whilst the small ones are sacrificed and go to the wall.
As a football fan I am pleased that Pompey are to remain in existence, but is it fair that multi millionaires such as Glen Johnson and Peter Crouch should receive full payment, whilst a builder who worked on their dressing rooms should only get 20% of what is owed to him and get this its paid over 5 years, same with St John Ambulance and of course the revenue. Now none of us like the revenue, but in the main we have to pay them, so why do football clubs not do so?
In November the revenue will go to court against the Premier league to prevent the preferred creditor rule, I sinserely hope that they win,but that said it won't be the big clubs thsat get squeezed and thats the upsetting thing, as ever the big clubs will get away with it whilst the small ones are sacrificed and go to the wall.
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