Charlton Athletic - No News Yet On Takeover
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No News Yet On Takeover

Charlton Athletic are refusing to comment on talk of a 50million takeover bid.

At least two foreign investors are believed to be interested in a buy-out, after the Addicks hired city specialists Seymour Pierce to investigate future funding options, including a share issue.

A Nigerian businessman is said to be at an advanced stage of talks with the clubs board - and he`s already inspected The Valley and the club`s books.

There is thought to be competition for the club from another group, involving a Russian businessman, and a bid could be imminent.

A bid could be made within the next two weeks if reports are to be believed.

Charlton have not yet ruled out a sale, but the club will not comment on the reports about bids.

The Valley`s London location and the potential to develop the club further will be seen as attractive elements to potential bidders, despite the loss of revenue caused by last season`s relegation from the Premiership.

The fact the club own The Valley stadium and the training ground in Eltham, plus the they do not have any towering debts that most other clubs have, means we are a sound investment and potential buyers are queuing up.

Some fans are not happy that the well run London club could soon change hands. But if we all take a look at Man City and West Ham as examples we have to agree a takeover is our only chance of success. Chelsea anyone?

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The Journalist

Writer:  Mail feedback, articles or suggestions

Date:Monday August 20 2007

Time: 6:27PM

Your Comments (oldest first)

Change to most recent first
Money Money Money Do we want a takeover of our club? Are you for or against it?
Report Abuse
20/08/2007 18:41:00

At this moment in time - I'm against it. I know it's money money money, but other things will suffer because of this dosh! *shrugs*
Pardew is Sexy
Report Abuse
20/08/2007 19:59:00

Agreed that it presents a risk but imagine signing players like West Ham have? Instead of the lower league players we have to make do with. Im not a recent fan and me must save our history and everything. But an honest cash injection has to be a step in the right direction.
Report Abuse
20/08/2007 22:47:00

i am 100% behind a takeover, for so long we have had to watch as the other london clubs have gone from one success to another, anyone who knows our history will confirm that we once had 75,000 fans at the valley..we also actually won the fa cup...we were a giant club....and still could be....the fans deserve it, the present directors have earned a big payday for all their efforts, so lets get it done, i would prefer a european taking over, but only for the reason that they have the same feeling about football, i really believe that the nigerian contingent are looking for eventual profit, the russians would do it for the love of the game, and maybe to get one over on roman!!! bring it on, and lots of it...if your not behind it, then i am sorry, your a dinosaur...we need to get with it, and now, otherwise we may be swallowed up by the football league..
Report Abuse
21/08/2007 03:40:00


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