Addicks prepare for League One life

15 April 2009 16:11
The Addicks' shareholders have approved the sale of the club's base in Sparrows Lane to Charlton's directors for £1.5million. But fans were offered assurances that there was an option to buy the assets back in the future and despite the restructuring process gathering momentum, chairman Richard Murray is confident that the sale represents a positive step for the club. He told Charlton's official website: "The three resolutions were all approved, so that was good. We explained the logic behind the decisions, and that Charlton won't suffer but will only benefit. "The three key points are that the assets are in friendly hands, it's a 25-year lease, and if the club wants the facilities back, it can buy them back. "We were able to give assurances that we do have a viable plan to go forward, that we intend League One to be just a one-year visit and that there is every chance we will come back stronger, and certainly wiser."

Source: Team_Talk