Charlton Athletic agree takeover deal

Share this article

Charlton confirmed this week that a deal had been agreed for SE7 Partners to purchase the club.

A share purchase agreement (SPA) was signed by the club’s current owner Thomas Sandgaard and SE7 Partners, and the parties are working with the EFL to meet the requirements for approval to be granted.

SE7 Partners are the company of former Sunderland executive director Charlie Methven. Methven and business partner Edward Warrick would become the fourth separate owners of the club in four years.

Charlton’s chief executive Peter Storrie said: “A deal has been agreed and a share purchase agreement has been signed by Thomas Sandgaard and SE7 Partners. We’ll now work with SE7 Partners and the EFL to meet the league requirements, which is a process that can take some time.

“In the meantime, the day-to-day running of the club will not be impacted. Our preparation and recruitment for the 2023-24 season is well under way. We have our targets for our men’s team and our women’s team. Led by Dean Holden and Karen Hills, those plans continue to progress and will not be halted while we await the approval.

“The aim is to put the club in the best position to achieve our targets for next season, a top-six finish for the men’s team and further progression for the women’s team.”

DON’T MISS A THING

Get the latest news for South London direct to your inbox once a week.

We don’t spam! Read our privacy policy for more info.

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *