Charlton Athletic owner Roland Duchatelet demands EFL buy club

The Belgian has previously been accused by fans of ‘wanting the club to fail’

Jack Pitt-Brooke
Thursday 28 February 2019 14:03 EST
Comments
Duchatelet’s idea is to hand over the day-to-day operations and losses of the football club for free
Duchatelet’s idea is to hand over the day-to-day operations and losses of the football club for free (Getty)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Charlton Athletic owner Roland Duchatelet stunned the Football League today by demanding that the EFL buys the club from him.

The demand, unprecedented and impossible, was made in a lengthy statement Duchatelet wrote on the Charlton website this afternoon. The rest of the statement blamed the EFL for Charlton’s demise under Duchatelet, as well as for Duchatelet’s failure to sell the club.

In response to Duchatelet’s demand that they do something that they would never do, the EFL only issued a terse response: “The EFL can confirm that we have received a request from Charlton Athletic’s majority shareholder Roland Duchatelet, which we will review and subsequently respond to as appropriate.”

The Duchatelet statement, which was written by the owner himself rather than by club officials, comes after he told a Fans Forum on Wednesday night that it is time to “think outside the box” in terms of solutions for the club.

His idea is to hand over the day to day operations and losses of the football club for free – preferably to the EFL – but to retain control of the valuable assets, the Valley and the training ground. This was firmly rejected by Charlton fans last night.

Charlton have protested against Duchatelet for several years
Charlton have protested against Duchatelet for several years (Getty)

Charlton Athletic has been on the market since late 2017 but Duchatelet has not been able to complete a deal. He paid £18m for the club in 2014 when they were still in the Championship but he has lost millions since and now he is insisting on making all of his money back.

There was an agreement with an Australian consortium last year, and in July 2018 a club representative said that “the only issue holding up the process is EFL approval”.

But haggling continued over the details and now that looks further away than ever. Last night Duchatelet said their consortium is “too complex”. Recently there was a fresh £30m offer from a new consortium which Duchatelet rejected. He still wants close to £70m for the club.

Duchatelet has been accused by Addicks fans of ‘wanting the club to fail’
Duchatelet has been accused by Addicks fans of ‘wanting the club to fail’ (Getty)

Duchatelet blames the EFL, rather than himself, for the decline of the club during his five years of ownership. His statement points to the relaxation of the League’s Profitability and Sustainability rules in November 2014, which allowed clubs to lose more money, thereby making it harder for clubs who work on a budget.

He also blamed The Independent for reporting last August on Charlton banning young team players from drinking bottled water at the training ground, a story he described as “fake news”, as well as a story in the Daily Mail about him reneging on staff bonuses.

“It’s hard to deny that such actions could jeopardise the ongoing purchase process,” Duchatelet claimed.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in