Monday 5 June 2023

Charlton sale agreed

The signing of an agreement to sell Charlton to the SE7 Partners consortium has been confirmed:

Richard Cawley notes: 'EFL approval likely to take a number of weeks - maybe between six to eight. Joshua Friedman's takeover party also need to get a lease agreement for Valley and training ground sanctioned by Roland Duchatelet.'

VOTV website editor Rick Everitt points out: '“Sanctioned by Roland Duchatelet” - what could possibly go wrong? Last time this was required it led to a 150% rent increase. The lease will have to be amended because Sandgaard’s US firm is explicitly named in it as the guarantor.'

If the deal is finalised, fans will judge the new owners by their actions not their words.