Consortium lines up Charlton bid
08/05/2007 |
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A consortium is lining up a takeover bid for newly relegated Charlton.
The bid is being put together by a group of Middle Eastern and continental businessmen who had previously looked into acquiring Liverpool.
They are particularly keen on Charlton because of their London location, which is suitable for expansion and offers commercial and marketing potential.
Charlton also own their own ground in addition to having a well-established academy and facilities.
The consortium has always been determined to make the bid regardless of Charlton's Premiership status, although relegation will of course affect the price.
It is possible that a bid will be tabled shortly after the end of the season.
(Source: BBC.co.uk)
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