Addicks in potential takeover talks

18 July 2009 11:19
The Addicks have been approached by several parties interested in investing in the club and that one such offer is being progressed. A statement on the club's official website read: "Further to the recent speculation surrounding the future of the club, the board of Charlton Athletic plc would like to inform all supporters and shareholders that it will, as always, act in the best interests of Charlton Athletic plc and the football club. "Over a period of months there have been approaches from interested parties. One such approach, an offer for the football club (through an acquisition of some of the assets and liabilities of Charlton Athletic plc), is being progressed and the board will make a formal announcement at the appropriate time. "Following relegation from the Championship last season, we are mindful of the financial consequences and will continue to work towards ensuring Charlton are prepared for the new season both on and off the pitch."

Source: Team_Talk