Date: 25th September 2007 at 11:21pm
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This is something that was brought to our attention by Charlton hero_10 in the Addicks forum last week, but now more details are slowly being revealed.

The Addicks could again be facing problems with their shirt sponsor as Llanera; the Spanish property group based in Valencia are facing up to the prospect of going bankrupt. A £6.6million four and a half year deal was signed with Llanera in December 2005, but less than two years into this there is a real possibility the Addicks could be left without a shirt sponsor, and the loss of revenue that will go with it.

Llanera are currently in talks with creditors in a desperate attempt to restructure their £210million debts. However Addicks Chief Executive Peter Varney remains confident that there will be no repercussions: ‘We are aware of the problems Llanera are having but we have been told they are working to resolve them. There is no impact on the club at the moment.’

Obviously should the deal be scrapped, unless the Addicks had been paid in full upfront, which would be unlikely the deal will not be honoured and money lost? Any new sponsor that comes in will obviously not be as financially rewarding now as the Addicks are, and will be a Championship side for at least this season.

However we are no strangers to this are we, all:sports, our previous shirt sponsors went into administration midway through a £3million deal with the club in September 2005. Some things never change eh.

What is the thought among the Addicks followers on this site on this one then peps? Share these feeling below so we can discuss them.

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6 Replies to “Addicks Getting Shirty Again”

  • Unbelievable isn’t it, how could this happen, if indeed it does, for a second time in as many years! If Peter Varney is saying everything is okay though we have to take him at his word don’t we.

  • maybe we are cursing them?? in that case i suggest we get the palarse chairmans company on our shirts pronto

  • I don’t Think There Will Be Too Much Trouble Getting A New Sponsor, Mind you Would Be Sponsors Might Be Quaking At The Thought Of Signing Up With The Addicks After looking At what Happened To The previous Two…

  • Well the official Addicks site is finally saying something about this aren’t they, the message ‘there is nothing to worry about.’

  • Took their time didn’t they! Maybe it’s just me, but when peeps say that there is nothing to worry about – makes me wonder LOL Cynical? Experience? Who knows LOL

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