Charlton subject of £50m bid for control
By Jason Burt
Published: 18 August 2007
Days after Charlton Athletic confirmed they are seeking financial advice from a leading City firm over their future, it appears the Championship club may be set for a change of ownership within the next few weeks.
Two foreign consortia are understood to be bidding for control with one in advanced negotiations over a £50m deal. The group has already inspected The Valley and is also believed to have had access to the club's books and carried out the process of due diligence.
Interestingly the consortium, which involves a number of investors, is believed to be headed by an influential Nigerian businessman. If the businessman, who is being represented by Chris Nathaniel of the London-based NVA management group, gains control it will be the first time an English club has been owned by an African.