Wednesday, 19 August 2020

Takeover talks progress

Thomas Sandgaard has signed a NDA and hopes to wrap up a deal on Charlton by the end of the week.  Paul Elliott is seeking an injunction to prevent a deal, but Sandgaard has hired a top firm of lawyers: https://londonnewsonline.co.uk/sandgaards-charlton-athletic-takeover-talks-progress-but-elliott-court-injunction-set-to-slow-proceedings/

Marian Mihail has said that wages can be paid for August and there is no immediate threat of administration: https://londonnewsonline.co.uk/exclusive-charlton-director-outlines-financial-position-with-no-wage-issues-for-august/

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