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Charlton owner Thomas Sandgaard will stay at club if US takeover collapses as Mark Spiegel’s bid runs into snags


OWNER Thomas Sandgaard will stay at Charlton if a US takeover collapses.

Marc Spiegel’s bid to buy the League One club is running into snags.

Sandgaard could remain at CharltonCredit: Alamy

But Sandgaard’s advisers suggest a small investment could help the club.

Spiegel and his consortium had hoped to complete a takeover this week, but talks have stalled.

Their exclusivity period with Sandgaard – which was signed in February – has also expired.

American businessman Spiegel recently revealed his ambition for Charlton.

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As quoted by Bloomberg, he said: “Our ambitions are more than just purchasing a club.

“We want to elevate the club – expose it to a new audience and win on the pitch.”

If an adequate takeover offer is made, Sandgaard – who purchased Charlton in September 2020 – could decide to relinquish all control of the club.

The Addicks currently sit 10th in League One.

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And fans have put the club’s mediocre season down to Sandgaard’s poor ownership.

Charlton earned a 3-2 win over Port Vale on Saturday.


Source: Soccer - thesun.co.uk


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