Here are the accounts that have been filed, if anyone is interested. https://beta.companieshouse.gov.uk/company/01788466/filing-history
A massive kick in the face for the Duchatelet Apologists. Despite another season of abject League 1 failure , Duchatelet made a PROFIT thanks to player sales. Scandalous. Spit that out, ITTV.
£1.1 m spent on the training ground during the financial year. Thanks, Roland. This project is a metaphor for Charlton under Roland. A Grandiose scheme, aka a white elephant. Amanager telling us the Lookman money was being invested in the Academy to safeguard the club's future. The reality which most fans could see was that Robinson was a useful idiot recycling Roland's lies.
The Lookman money went to cover the losses caused by his idiocy, with a bit of profit on the side. Our operating loss seemed to INCREASE last year Pay offs for Tex and Watt maybe ?
Right on cue....Mundane Mundell gives the Duchatelet Apologists justification. (The new owner should hand lifetime bans to the likes of Mundell)
The training ground looks a mess. Nothing has happened to the building, the dressing rooms are a joke.
The other £2m is projected for the following year. Trying to include it in this year's accounts reveals Mundell as basically dishonest in his attempts to defend Roland. Bending the facts to suit his position. M
The player sales should not have been so. The players should have been retained to strengthen the team. Clueless.
Having just read the ITTV thread about the accounts, it seems I underestimated their unconditional love for all things Roland. It's still a pro-Roland forum, even without Old Reamsy and Nigella joining in the expressions of devotion.
They divide into 2 Apologist camps - for the likes of Jeddez, Jonkool & Bexleyboy the excuse is mental impairment. For Seriously Boring & Mundane Mundell, Charlton are nothing more than a name on a spreadsheet. There is no sense of our history or that football is a competitive sport.
For a pompous old fart who thinks he knows his stats, Mundell has missed (ignored) 3 important ones - - debt up to over 50m - home crowds down to 5,500 - worst league finish in 40 years. All strangely ignored by the Mundane Apologist ?