Saturday 16 September 2017

Barnsley takeover has lessons for Charlton

Barnsley FC are about to be taken over by a high powered consortium that involves both Chinese and American money and individuals with a proven track record in football and baseball. Barnsley is hardly the most glamorous of locations, but the new owners hope to replicate the success enjoyed by clubs from small northern towns such as Burnley and Huddersfield: Barnsley's new owners

Charlton are located in London, but not in the most fashionable part of the capital, although important changes are taking place both locally and in the wider catchment area. There is clearly potential, but it should be noted that Barnsley made a £13m profit last year and have a debt of just £6m.

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