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Charlton Takeover Bid Rejected

Hot on the heels of the rumours that Peter Ridsdale was attempting a takeover at Charlton an offer from Swiss-based fund manager Sebastien Sainsbury has been rejected.

The name may sound familiar because it is, he's a member of the supermarket mob and has also been sniffing around The Addicks for a while.

Richard Murray knows how important new investment is and the club are still actively seeking this but they must be the right people and when they are found they will be officially announced, Murray told The Official Website: "Having been involved with Charlton for so long, the future of the club is paramount in my thoughts.

"The identity of any new owners or investors is of huge importance to the board and I. They have to be right.

"When we are in a position to provide more information regarding possible takeovers or anything else, the club will announce it via its usual channels.

"We're committed to being as open as possible with fans, but we're not going to issue a statement every time there is some kind of rumour."

It's being reported that a "senior source" has said the offer was rejected due to proof of funds not being provided with it also believed that the takeover would involve high levels of borrowing to fund the deal and that's (quite rightly) a concern some board members were guarded against.

What is the thought among the Addicks followers on this site on the latest takeover news? Share these feelings below so we can discuss them.

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The Journalist

Writer: Charlton Addickt  Mail feedback, articles or suggestions

Date:Monday November 8 2010

Time: 3:28PM

Your Comments (oldest first)

Change to most recent first
there is something going on...however it's sensible that discretion is exercised until a formal offer is made...we all know that beingg in new ownership can bring benefits or tribulation to any club
Report Abuse
08/11/2010 16:30:00


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