MX23RW : Saturday, January 18 11:52:16| >> :600:1370016:1370016:

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.

body check tags ::

Click here for more stories about Roland Duchatelet

Click here for more stories about Charlton Athletic

Share this article now:
New Instagram promo
General view of Charlton Athletic's The Valley from August 2015
Read Next:
Charlton Athletic: Transfer ins and outs - January 2020
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free daily transfer newsletter! Sent twice a day during the transfer window.

Premier League
Championship
La Liga
Serie A
Bundesliga
Eredivisie
Primeira Liga
League One
League Two
National League
Scottish Cup
Scottish League Two
Turkish Super Lig
Belgian Pro League
Greek Superleague
Segunda Division
Serie B
Ligue 2
NIFL Premiership
Welsh Premier League
Liga MX
Australian A-League
European Champions Cup
European Challenge Cup
Tables
TeamPWDLFAGDPTS
1Liverpool21201050143661
2Manchester CityMan City22152562253747
3Leicester CityLeicester22143547212645
4Chelsea22123739291039
5Manchester UnitedMan Utd2297636251134
6Sheffield UnitedSheff Utd228862421332
7Wolverhampton WanderersWolves2271053128331
8Tottenham HotspurSpurs228683631530
9Crystal Palace227872024-429
10Arsenal2261062931-228
11Everton2284102532-728
12Southampton2284102739-1228
13Newcastle UnitedNewcastle2275102134-1326
14Brighton & Hove AlbionBrighton2266102530-524
15Burnley2273122437-1324
16West Ham UnitedWest Ham2164112533-822
17Watford2257102034-1422
18Aston Villa2263132843-1521
19Bournemouth2255122035-1520
20Norwich CityNorwich2235142245-2314

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!