The current summer has been a nervy one for Charlton fans, with bad news stories constantly greeting followers of the club. Whether it's the likely removal of the big screen from the Valley, or the possibility that the club could go out of business, the news this summer hasn't been good... until now.
Chairman Richard Murray took full control of the club after a buyout of his fellow board members and bond holders and better times look to be on their way to the Valley. Financial disaster could have meant relegation and the depressing prospect of the team's name appearing on League Two odds lists next season, but this now seems to have been avoided.
Having failed to secure promotion back to the Championship last season, the League One club had been facing a financial crisis similar to that of the 1990s, and had been relying on free agent signings to boost their slender squad. However, Murray has now announced that manager Phil Parkinson will be the recipient of the money injected into the team.
Parkinson is likely to be looking to use the cash to add to his strike force, which currently contains only one senior striker and two rookies. Although Parkinson has naturally been coy on the subject of who he is looking to recruit, any newcomer will ideally be a proven goalscorer as the Addicks look to battle their way out of the division. They're not favourites to win League One, but they're not far off.
Perhaps a bigger boost to Addicks fans will be the news that the club have vowed to hold on to Portuguese powerhouse Jose Senedo, voted second in the 2009/10 fans' player of the season awards.
Although the Addicks are currently promoting a DVD celebrating their promotion to the Premier League at the end of the 1997/98 season, it is the here and now that the Addicks need to focus on if they are to avoid languishing in League One.
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