Ex-Charlton chief Peter Varney expects to take over the club by Christmas

03 December 2010 10:22
Charlton are close to being taken over by a group of investors fronted by former chief executive Peter Varney.[LNB]Chairman Richard Murray, who took sole control of the League One club through his company Baton 2010 Ltd in August, has accepted the offer from a group represented by Varney and if all goes to plan the deal should be completed by Christmas Eve.[LNB] New deal: the takeover, led by Varney, could be completed in time for Christmas [LNB]A Charlton statement read: 'The investor group is currently undertaking full legal and financial due diligence.[LNB]'Subject to the investor group being satisfied with the outcome of this due diligence, it is anticipated that completion of the acquisition will take place no later than December 24.'[LNB]Varney stood down from his role at The Valley in June 2008 after 11 years. [LNB] Charlton chief denies manager Alan Pardew is facing the sack FIFA top men smiled and promised to vote for England... THEY LIED! Steaua Bucharest 1 Liverpool 1: Reds qualify despite Pepe Reina howler As Leeds United lick their wounds after throwing away a 4-1 lead, Sportsmail unveils English football's greatest comebacks[LNB][LNB]  

Source: Daily_Mail