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Charlton takeover

Charlton Athletic


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Old 8th May 2007, 11:22 AM
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Charlton takeover

A consortium is lining up a takeover bid for newly relegated Charlton.

The bid, put together by a group of businessmen from the Middle East and Europe, values the club at about £50m.

The group, which had earlier considered buying Liverpool, is keen on Charlton because of its south London location, which is suitable for expansion.

The club, which owns its ground in addition to having a well-established academy and facilities, also offers commercial and marketing potential.
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