Tuesday 14 October 2008

Zabeel in for West Ham?

The Grauniad is suggesting that our prospective investors have switched their attention to West Ham:
Hamspters

Frankly, I don't believe it as I don't think that's the way Zabeel do business. Since I first posted this story, it has been specifically denied by Zabeel.

Of course, as someone commented yesterday, various branches of the Dubai royal family could buy the whole Premiership if they wanted and some Championship clubs as well. If they are different entities making the purchase, and different branches of a very large family, this may be permissible under the existing rules.

Just as they can race their horses against each other, they could have a special competition for their clubs in Dubai.

According to the Daily Mail (which does sometimes get its Charlton stories right), the deal with Zabeel could be completed this week:
Done deal

This is consistent with the reports from wire services that Charlton has made a Rule 2.10 announcement in accordance with the City Code on Takeovers and Mergers which is one of the necessary steps towards completion of the deal. It is also consistent with what I have been hearing.

2 comments:

Anonymous said...

Looks like your level-headed reckoning is proving correct, Wyn - just read this article: http://www.guardian.co.uk/football/2008/oct/14/charlton-west-ham-takeover

But obviously, being Charlton supporters, it's a prerequisite that we expect the worse. Fingers and what-nots crossed. Oooow.

bristol addick said...

Yep, the Rule 2.10 announcement can be seen on the investegate.co.uk website, dated yesterday, for example. So far so good and fingers crossed, but who knows with Charlton?