Tuesday, 6 June 2023

Storrie to step down

Peter Storrie expects to step down as chief executive once the takeover is completed.  He confirmed that a budget is in place for transfers: https://londonnewsonline.co.uk/charlton-chief-executive-storrie-expecting-to-step-down-once-takeover-completes-and-clear-on-transfer-budget-plans/

SE7 Partners are now controlled by Global Football Partners Ltd. registered in the Cayman Islands.

Monday, 5 June 2023

Sale confirmed

The signing of an agreement to sell Charlton to the SE7 Partners consortium has been confirmed: https://londonnewsonline.co.uk/charlton-athletic-takeover-takes-big-step-forward-after-spa-agreement/

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.

Sunday, 4 June 2023

Sale agreement signed

Richard Cawley reports: 'Have been told tonight that both parties in the Charlton takeover talks have now signed the Sale Purchase Agreement. Expecting more clarity in the morning. Not had confirmation from Thomas Sandgaard on this, but aiming to add more detail tomorrow AM.'

Any sale will require EFL approval which may take some time.

Wednesday, 31 May 2023

Crunch time on takeover

Richard Cawley reports: 'Sounds as if it is crunch time for the Charlton takeover bid by the consortium involving Joshua Friedman and Gabriel Brener, in terms of a resolution either way by the end of this week.'

Aaron Henry has signed a two year contract extension with the option of another 12 months: https://londonnewsonline.co.uk/charlton-athletic-midfielder-signs-two-year-contract-extension-with-option-of-additional-12-month-extension/

He may go out on loan next season to aid his development.

Tuesday, 30 May 2023

Further takeover delays

Richard Cawley reports: 'I know people want a takeover update but as of yesterday there wasn't one. SPA still not signed with Joshua Friedman's group. If it does get over the line then still a number of weeks going through EFL process for OADT (owners' and directors' test).'

The longer the delay, the less chance there is of a good start to the season.

Sunday, 28 May 2023

They were hopeless

We have had our fair share of useless players at Charlton over time, but Roland Duchatelet's network circus managed to produce three outstanding failures: https://footballleagueworld.co.uk/charlton-athletics-3-most-underwhelming-signings-from-the-last-10-years-where-are-they-now/?utm_source=dlvr.it&utm_medium=twitter

I remember Polish Pete's one appearance, charging up the field in a manic but directionless attempt to keep up with the play.

Thuram was the worst goalkeeper I have seen at Charlton, a master of the aimless punch out of the ball.

As for Lepoint, he was so bad I have blotted him out of my memory.

Saturday, 27 May 2023