Monday 25 June 2018

Aussies given a deadline

The prospective Australian owners of Charlton have been given a deadline of the end of the week to show that they have the necessary readies and the second week of July to complete the deal: Takeover deadlines

Roland has also being trying unsuccessfully to buy out the loans of former directors at a discount. With no remaining bank debt, they now put the ex-directors at the head of the queue of creditors if the club fails financially - in front of Duchatelet who is owed more than £60m via his Staprix company.

Given that the alternative British bid may have fallen at the fit and proper persons hurdle, all this suggests that a club ill prepared for the new season may still be in Roland's hands come August.

All this and more is in an informative post by VOTV editor Rick Everitt which repays reading.

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