Tuesday, 16 May 2023

Friedman edges in front in takeover battle

An increased Joshua Friedman offer for Charlton has been accepted, subject to contract.  Richard Cawley led to believe Thomas Sandgaard and his associates are continuing to talk with other parties including senior figure at MSD finance group, American businessman Marc Spiegel and Armenian businessman Roman Gevorkyan.

Cawley warns: ‘But this is multiple wealthy people and their lawyers involved. A call to the club earlier this week just got a response of "talks are ongoing" without specifying any more than that.’

'Essentially if the paperwork can get done in time then the plan is that Charlton would be under new ownership by the very early part of June - in time (pretty much) for the opening of the transfer window.'

More here: https://londonnewsonline.co.uk/joshua-friedman-fronted-group-have-improved-offer-for-charlton-athletic-accepted/

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