What’s the difference between Charlton and Watford, apart from a two division gap? Charlton fan, blogger and journalist Alex Stedman considers this in his recent dissertation on multi-club ownership.

CAS Trust were happy to contribute to the research Alex undertook for the piece, which focuses on the differences in approach between the multi-club owners of Charlton Athletic and Watford.

The extract from the dissertation can be found here and Alex can be found on Twitter at @astedman1.