What do we know?
Not for the first time, the festive season has us looking out for Charlton Breaking News!
So, what do we know? That something is cooking behind the scenes is without doubt, and it looks as if there are at least two interested parties. The appointments of Messers Rodwell, Scott and Warwick with Methven as a go-between are obviously one party, although it is unclear to where that money has come from because I don’t expect Sandgaard has contributed a cent.
This group has stolen a march on Peter Varney, who I believe is also putting together some potential backers with the goal to acquire all of the assets including The Valley and Sparrows Lane. Whoever they are, I do hope they had a seat at The Valley on Wednesday.
Of the three ‘executive’ appointments only Andy Scott has football pedigree, Jim Rodwell has M&A written all over him and our new FD Ed Warwick doesn’t have an accountancy qualification to his name.
Scott came across well in the interview yesterday and openly admitted to only having a contract until the end of the season. That might seem odd, and odd describes a lot of what is going on at the moment, but football has become a very short term business, and a six-week contract to someone out of work, but confident in his own ability with strong relationships and lives local would be appealing especially with an upside of a more prominent role in a newco.
The one concern is that we are reliant on Scott building a platform for not just the rest of the season, but beyond, yet he could be gone by February. Or do we think any window additions will also be short term in nature?
Thomas Sandgaard may well have been party to the hiring of Dean Holden, but Holden will get his instructions from Rodwell. Holden’s contract is until the end of season and there is a lot of football and spot the bankrolling games to be played before then.
Holden and Scott talked of money being available to net spend. There is not a lot of additive asset value in those players on the fringes. Nonetheless this action obviously flies in the face of Sandgaard’s ‘project break-even’ and the burning question is where is this money coming from?
The silence of Sandgaard, who was haplessly unable to keep his gob shut until recently is bizarre. It looks as if Jack Rodwell will be the face of the club going forward (photo), whilst son Martin makes the tea for Andy Scott and Steve Gallen.