MX23RW : Thursday, December 19 01:51:32| >> :600:274454:274454:

East Street Investments complete Charlton Athletic takeover

East Street Investments complete Charlton Athletic takeover
© Reuters
The deal was announced for the first time at the end of November.

East Street Investments have completed their takeover of Charlton, the Sky Bet Championship club have announced.

The deal was announced for the first time at the end of November and was subject to approval by the English Football League.

Outgoing owner Roland Duchatelet had been trying to sell the club since 2017.

Duchatelet told the club's website: "It was vital for the long-term health of Charlton Athletic that this deal was completed at the very start of the January transfer window.

"It allows the new owners to commit resources to the football side in order to bring in new players who will help secure the club's position in the Championship."

New chairman Matt Southall said: "I have been fortunate to meet many of the dedicated staff who have served the club so loyally and diligently and whose love of Charlton Athletic shines through.

"Their enthusiasm is part of the reason why we are so confident of building something special now the takeover is complete."

He added: "This is a great opportunity for ESI and we are thankful to Roland Duchatelet and his team for giving us the chance to build on such strong foundations.

"Now, for us, the hard work begins. We already have plans in place to support (manager) Lee (Bowyer) and his staff over the next month."

Charlton are currently 19th in the Championship with just one win from their last four matches.

ID:384799: cacheID:384799:1false2false3false:QQ:: from db desktop :LenBod:restore:2417:
Written by
P A
Restore Data
Share this article now:
General view of Charlton Athletic's The Valley from August 2015
Read Next:
Charlton Athletic: Transfer ins and outs - January 2020
>
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Wycombe WanderersWycombe19134243222143
2Birmingham CityBirmingham18133234161842
3Wrexham20125330131741
4Huddersfield TownHuddersfield19113530181236
5Stockport CountyStockport2096532211133
6Reading199463028231
7Barnsley208662926330
8Bolton WanderersBolton189362829-130
9Lincoln CityLincoln207762625128
10Blackpool197572931-226
11Mansfield TownMansfield187472222025
12Stevenage187471517-225
13Peterborough UnitedPeterborough197393735224
14Charlton AthleticCharlton196671819-124
15Exeter CityExeter197391721-424
16Wigan AthleticWigan196581716123
17Rotherham UnitedRotherham186571920-123
18Leyton Orient196491920-122
19Northampton TownNorthampton205692129-821
20Bristol Rovers1963101728-1121
21Crawley TownCrawley1954102032-1219
22Cambridge UnitedCambridge1945102031-1117
23Burton Albion1926111630-1412
24Shrewsbury TownShrewsbury1932141939-2011


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!