Friday 28 April 2023

Takeover delayed

Marc Spiegel's takeover of Charlton will not happen today, report s Richard Cawley.  Intention had been for that to be the case. Described to Cawley  as "a roadblock" - which was not originally anticipated. Both sides are aiming to still reach a resolution in coming days.

Spiegel's group are now out of exclusivity and that means that Thomas Sandgaard is free to talk to other interested parties.

Thomas Sandgaard responded to an email Cawley sent him yesterday evening saying that today was not a deadline he had set for Spiegel's takeover to happen. He said that people were "working hard" to complete the deal.

VOTV website editor Rick Everitt commented: ‘Second hit to Spiegel’s credibility this week. Crazy prospectus and now failing to deliver on his own briefing promise. Not a good look.’

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