Vital Football

Latest Charlton Athletic News

Net Loss For Addicks

Net Loss For Addicks

Charlton chairman, Richard Murray has revealed that The Addicks have made a net loss of £9.9M.

This is mainly down to the implications of relegation to the Championship despite the club raising over £11M in player sales.

When in the Premier League the club's annual income was around £42M this has now decreased to £35M.

Murray has stated that the club investing heavily in the squad under Iain Dowie was also to blame for the financial loss.

Many of the players Dowie signed as Head Coach have now left The Valley.

Money was also given to Alan Pardew to fund the purchases of Luke Varney and Paddy McCarthy and these must also be taken into account. Murray went on the reveal that he believes that Alan Pardew will be the man to take Charlton the the next level.

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football

Writer:JimmyCAFC
Date:Sunday December 23 2007
Time: 8:03PM

Best of Vital Network

Comments

0
Yes AP is the man to take us to the next level, and he will do this (well he will have to, but can anyway) without crazy spending and basically wasting of money as Dowie had. AP is a shrewd dealing in the market.
Charlton Addickt
24/12/2007 08:40:00
0
AP is the man - full stop :) Hmmmmmm yes :)
Pardew is Sexy
24/12/2007 19:45:00
0
I'm Not Sure That He Is....................!
horseworrier
31/12/2007 10:39:00
0
I will not turn on AP, he is still very much the man.
Charlton Addickt
01/01/2008 21:20:00
Page 1/1
  1. 1

Login to post a comment

Recent Charlton Athletic Articles

The Next Possible Please

The Search goes on

Rochdale Boss Hill A Charlton Option?

Hill has guided Rochdale from League 2 to League 1 stability, and very nearly play-off finishes in the last two seasons, so could be a good option if there is an interest.

Steve Head Confirmed As Chief Scout

Head has been confirmed as the new Charlton chief scout but is Crawley winger Edwards one of those he would have identified? He's been linked with the Addicks and MK Dons.

Charlton Line Up Ipswich Friendly

Charlton Athletic have today announced a friendly this summer against Ipswich Town.

Archived Vital Charlton Articles

Vital Charlton articles from

Site Journalists

Michael Tucker
no email
Profile

Current Poll (see more polls)

Burnley MotM
Suggested By: Site Staff
Pope10%
Fanni10%
Diarra2%
Teixeira1%
Fox4%
Harriott2%
Kashi1%
Cousins1%
Lookman18%
Berg Gudmundsson47%
Vetokele1%
Sub - Jackson1%
Sub - Yun Suk-young1%
Sub - Ba1%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
C Burnley 46 26 15 5 93 37
P Middlesbrough 46 26 11 9 89 32
3 Brighton 46 24 17 5 89 30
4 Hull City 46 24 11 11 83 34
5 Derby County 46 21 15 10 78 23
6 Sheff Wed 46 19 17 10 74 21
7 Ipswich 46 18 15 13 69 2
8 Cardiff 46 17 17 12 68 5
9 Brentford 46 19 8 19 65 5
10 Birmingham 46 16 15 15 63 4
11 Preston 46 15 17 14 62 0
12 Q.P.R. 46 14 18 14 60 0
13 Leeds Utd 46 14 17 15 59 -8
14 Wolves 46 14 16 16 58 -5
15 Blackburn 46 13 16 17 55 0
16 Forest 46 13 16 17 55 -4
17 Reading 46 13 13 20 52 -7
18 Bristol City 46 13 13 20 52 -17
19 Huddersfield 46 13 12 21 51 -11
20 Fulham 46 12 15 19 51 -13
21 Rotherham 46 13 10 23 49 -18
R Charlton 46 9 13 24 40 -40
R MK Dons 46 9 12 25 39 -30
R Bolton 46 5 15 26 30 -40
Latest F1 News
Latest Vital Boxing News

Recent Charlton Athletic Results (view all)

Charlton Athletic Fixtures (view all)

Vital Members League Table

RankNamePoints
1.JeromeThomas145
2.ColinPowellsMower5
3.rorzzman4
4.Hail Hibernian1
5.gear1
6.djandrew1
7.charlton061
8.bunniksideFCU1