Friday 27 December 2019

£21.5m of new shares issued

A filing at Companies House shows that Charlton Athletic have issued £21.5m of new shares to investors. Kieran Maguire of the PriceofFootball says it is not clear whether this is to pay off loans or is new money invested in the club.

It's probably Roland converting his existing loans into shares to tidy up the balance sheet before the sale rather than an injection of new money before the transfer window.

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