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Page last updated at 22:06 GMT, Tuesday, 7 July 2009 23:06 UK

Charlton linked with new takeover

Richard Murray
Murray was forced to postpone a similar meeting in 2008

Charlton have postponed a Q&A session with fans amid speculation the League One club is set to be taken over.

Lawyers told chairman Richard Murray and Derek Chappell, chairman of the club's parent plc, not to attend a public meeting at the current time.

Murray said they would have been unable to talk about many likely topics "which would have been wholly unsatisfactory".

Former chief executive Peter Varney is reportedly fronting a group set to take control within two weeks.

The south-east London club, who were relegated from the Championship at the end of last season just a year after dropping out of the Premier League, are believed to have debts of around £40m.


They have been linked with a takeover for some time and received "an indicative cash offer" from Dubai-based consortium Zabeel Investments in October 2008.

On that occasion a planned question-and-answer session with fans was also postponed after it was revealed that Zabeel, who later abandoned their bid, had made an offer to take over the Addicks.

"Our advisors have warned us it would not be appropriate to attend a public meeting," Murray told the club's official website.

"The current situation means that we would have been unable to answer or contribute to many of the likely main points of discussion, which would have been wholly unsatisfactory."

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see also
Charlton sell training facilities
16 Apr 09 |  Charlton
Dubai group abandons Charlton bid
23 Oct 08 |  Charlton
Charlton receive Dubai group bid
10 Oct 08 |  Charlton
Varney denies Valley rift rumour
07 Mar 08 |  Charlton
Charlton call off takeover talks
13 Feb 08 |  Charlton

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