Charlton valuation just too high

Another Talksport interview with Roland – another load of contradictory jibberish from Roland Duchatelet and so it goes on and on and on …………..

A lot of what he says about the EFL is correct and allowing significant annual losses without implementing more sensible Financial Fair Play rules is as he correctly points out a stupid way to run the sport. 

Any ‘asset’ is only worth what someone is prepared to pay for it. In Roland’s deluded mind, the price of buying the club is a separate issue from the annual running costs. This premise is obviously utter nonsense and would be nonsense in any walk of life or business scenario.

Based on a ridiculous valuation of the physical assets at The Valley and Sparrow Lane, Roland has set a price of £40m, which no sane buyer is prepared to pay because they know that the underlying value of a football club is basically zero since property development is impossible.

If Roland reduces his asking price to nil or even £10m, he would be able to sell the club tomorrow so his argument that he can’t sell the club because of the annual Operating Losses is just wrong, disingenuous and an outright lie.

The problem is and has been for the last 2 years or more is that the price he is asking for the club is far too much.

You won’t beat Solly

Over the last 10 years , I’ve lost count of the number of times we’ve shouted that as a term of friendly abuse to opposing wingers.

I remember a Championship away game at Reading where we won 1-0 after a rare headed goal from Vetokele from a superb Solly cross ( think the same shape as the cross against Plymouth away last year). Heaven knows who the Reading winger was that day, but he might as well have not bothered coming out after the warm up such was the imperious and dominant nature of Chris Solly’s defending.

He has been a great servant to the club and an absolute joy to watch. I can’t go today but I bought 2 tickets anyway just to support Chris because it seemed like the right thing to do.

As an aside, I understand that Chris is a big ‘Only Fools and Horses’ fan . We went to see the stage show at the Haymarket last night. If you come from South East London – it just has to be seen. If I’m honest I went with relatively low expectations because transferring a classic TV show to the Stage or Film is notoriously difficult.

However, it really is very good, Paul Whitehouse is an absolute genius ( anyone who has seen his fishing programme with Vic Reeves will agree)

The audience absolutely loved it and so did I – standing ovations all around.

I hope Chris Solly gets his standing ovation today because he thoroughly deserves it.

Thank you Chris.

Billionaire Roland Duchatelet

If I’m honest I don’t know many billionaires, but I knew one a little and I feel like I know Roland a lot. The thing is they are both mean and are going to die enormously rich. It is really difficult to understand why you would choose to leave all your money to your wastrel grandkids who will become lazy and alcohol or drug addicted Now I might be wrong and our aged owner might have pledged his wealth to the Belgian Red Cross upon his demise but I suspect he hasn’t.

Bearing in mind that none of our prospective owners are anywhere near as rich as our existing owner you do wonder why he doesn’t waste £10- £15m of his money every year on Charlton rather than £5-7m – it’s always been rather a mystery to me because he’s so rich the bigger number won’t make a dent either.

If I was a billionaire, I would be thinking about the unbridled joy, pleasure and passion that I gave to the 38,000 individuals at Wembley and I could so easily give to them again rather than comprehensively wrecking the lives of my future generations

Strange isn’t it.