You can read 9 more articles this month
CHARLTON’S prospective new owners have pledged to back manager Lee Bowyer and build bridges with Addicks fans if their takeover of the club goes ahead.
Fans were delighted yesterday after news broke that owner Roland Duchatelet agreed to sell his stake in the Championship club to East Street Investments, subject to approval by the English Football League.
Duchatelet has spent almost six years at The Valley, during which time the club were relegated to League One at the end of the 2015-16 season.
The 73-year-old’s reign proved hugely unpopular and sparked anger from fans, whose various protests saw crisp packets and plastic pigs thrown on to the pitch.
After three seasons in the third tier, Charlton gained promotion to the Championship under Bowyer after beating Sunderland 2-1 in May’s play-off final at Wembley.
East Street Investments chairman Matt Southall said in a statement: “We are privileged to take ownership of such an historic club and it is incredibly exciting to be part of the process of building a fresh future for the fans, loyal club staff and players of Charlton Athletic.
“While we may be the club owners, truly we are only the custodians. The true spirit of this football club rests with the fans, it is nothing without them.
“Their support throughout some difficult times both recently and in the past has been inspirational and we intend to build on that loyalty.
“Our priority will be immediate contact with fan groups in order that their views play a major role in the club going forward.
“We believe the football side of the club is in excellent hands with Lee Bowyer and what he and the players have achieved following promotion has been outstanding. We will do everything possible to support Lee’s vision and ambitions.
“We would like to thank Roland Duchatelet, his team and the directors for helping to facilitate a quick and smooth sale. They leave the club with solid foundations on which we can invest and build.”
Tahnoon Nimer is the majority shareholder in East Street Investments through his Abu Dhabi-based corporation, Panorama Magic General Contracting LLC.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by joining the 501 club.
Just £5 a month gives you the opportunity to win one of 17 prizes, from £25 to the £501 jackpot.
By becoming a 501 Club member you are helping the Morning Star cover its printing, distribution and staff costs — help keep our paper thriving by joining!
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £1 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.