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Charlton sale agreed

A sale and purchase agreement has agreed with the SE7 Partners consortium for Charlton Athletic: https://londonnewsonline.co.uk/charlton-athletic-takeover-takes-big-step-forward-after-spa-agreement/

The consortium involves a co-founder of a hedge fund and a former owner of a MLS side.

Richard Cawley of the South London Press notes: 'EFL approval likely to take a number of weeks - maybe between six to eight. Joshua Friedman's takeover party also need to get a lease agreement for Valley and training ground sanctioned by Roland Duchatelet.'

VOTV website editor Rick Everitt points out: '“Sanctioned by Roland Duchatelet” - what could possibly go wrong? Last time this was required it led to a 150% rent increase. The lease will have to be amended because Sandgaard’s US firm is explicitly named in it as the guarantor.'

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  1. Loops5 June 2023 at 02:44

    How long before they flip it, and we're back to square one?

    ReplyDelete

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