UK time is: 20:33:07
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: JimmyCAFC Mail feedback, articles or suggestions

Date:Sunday December 23 2007

Time: 8:03PM

Your Comments

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
AP is the man - full stop :) Hmmmmmm yes :)
Pardew is Sexy
I'm Not Sure That He Is....................!
horseworrier
I will not turn on AP, he is still very much the man.
Charlton Addickt
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Charlton Athletic Articles

Villains and Heroes. (Sunday September 14 2014)

Watford Visit (Friday September 12 2014)

Charlton Athletic v Watford - PREVIEW (Friday September 12 2014)

The African Experience. (Thursday September 11 2014)

Joe Pigott Goes Out On Loan. (Thursday September 11 2014)

Chris Powell Gets New Gig. (Wednesday September 3 2014)

Darren Bent Major Rumours. (Tuesday September 2 2014)

The Last 2 Weeks. (Monday September 1 2014)

Archived Charlton Athletic Articles

List All Vital Charlton Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

League Table (view table)

Team P W D L GD Pts
2. Watford 7 5 0 2 7 15
3. Forest 6 4 2 0 8 14
4. Wolves 7 4 2 1 4 14
5. Charlton 7 3 4 0 3 13
6. Reading 7 4 1 2 1 13
7. Sheff Wed 7 3 3 1 3 12
8. Middlesbrough 7 4 0 3 2 12

Breaking League News

LUFC Leeds Fan View v Bournemouth
Leeds Utd : 17/09/2014 19:50:00
Forest v Fulham - Team Sheets
Fulham : 17/09/2014 19:30:00
AFH: A Strange Few Weeks
Watford : 17/09/2014 18:51:00
Ole On His Way?
Cardiff : 17/09/2014 18:33:00
RUFC - Brandy Out On Loan
Rotherham : 17/09/2014 18:25:00

Current Site Poll (view all polls)

who would you like to see at the Valley out of the players rumoured to join?
Suggested By:  
Jon Obika 15%
Romain Vincelot 8%
Stevie May 35%
Oscar Gobern 5%
Sam Baldock 15%
Paul-Jose M'Poku 8%
Cameron Stewart 14%