Saturday 26 January 2008

Why Rams takeover is relevant for Charlton

The impending takeover of Derby County by an unidentified American consortium is another example of a club of around Charlton's size attracting foreign investment. No acceptable offers have apparently come in for Charlton despite the appointment of Seymour Pierce as advisers on a takeover or an injection of new capital.

It would seem that investors see more potential in 'stand alone' clubs where there are no rivals in a city or its hinterland. Interestingly, the likelihood is that the new backers include San Francisco-based investment banker Jerome Simon, who was linked with previous unsuccessful bids to buy into Millwall and Manchester City. So the Spanners interested him, but Charlton did not.

If Derby are relegated, as seems likely and if Charlton are not promoted, their financial firepower will be far outweighed by that of the Rams, increasing the importance of getting back to the Premiership this year.

2 comments:

Anonymous said...

We must be an attractive prospect for any investor, with our excellent crowds, approved ground development plans, and potential from the Thames Gateway development. I can only think that our exisiting board is making unacceptable conditions upon any investment

Anonymous said...

On balance now is a silly time to sell if you are Richard Murray.
The club would be worth so much more if promotion to the Premier League is secured.
I suspect you won't see anything happen on the investment front until there is more clarity about which division we are in