Charlton issue new shares amidst potential takeover

30 December 2019

Charlton Athletic
Photo: Getty Images Charlton have issued new shares in the club, with a total value of almost £21.5 million.

The new shares are worth a total of almost £21.5 million.

Charlton only await the EFL's approval of the takeover, with the new owner ready to splash out cash on new players in January.

Jesper Elkjær Jensen jej@offthepitch.com

In the midst of a potential takeover, Charlton have issued new shares in the club.

A filing at Companies House shows that Charlton have allotted around 21.5 million shares in the club, with a total value of almost £21.5 million.

The shares were issued on 27th December.

In November, Charlton confirmed that the Abu Dhabi consortium East Street Investments (ESI) was set to take over the club, however, the EFL is yet to decide whether it can approve the deal.

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