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Ben Hayes - Charlton Athletic programme

Takeovers

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American takeover at Swansea City

Swansea City are in talks with American investors about a £100m takeover of the club.   The Supporters' Trust would retain its 21 per cent stake and a seat on the board.  The Trust has issued a statement outling its initial reaction to the proposal.

Notts County sale imminent

The sale of Notts County is reported to be close.   It could take place within a week or even tomorrow.  The identity of the purchasers is not known, although there has been speculation about an American consortium.   Potential Danish and Chinese buyers have also been interested.

Ellis defends Lerner

Former Aston Villa chairman Sir Doug Ellis has defended current owner Randy Lerner, saying that he is a 'good man' and he does not regret selling the club to him.

Last week Ellis told the Birmingham Mail, “I warmed to Randy Lerner. He kept his word, has put his £200 million into the club and has little return for it.

Contrasting styles of foreign ownership

This blog essay contrasts the style of ownership at Charlton Athletic and Sheffield Wednesday.  At Charlton, the eccentric decision-making of Roland Duchatelet and his unwilligness to engage in a dialogue with fans, or 'customers' as his chief executive has called them, has led to a vigorous campaign of fan protests.

Notts County sale near

A sale of Notts County is expected to be completed within the next month.   The hearing of a winding up petition against the club brought by HMRC has been postponed.

Gulls in takeover talks

Torquay United are in advanced takeover talks.   The current owners, a consortium of local businessmen, took over last summer, but have found it a financial struggle.

Morecambe for sale

Morecambe FC have announced on their official website that the club is for sale.   Majority shareholder and chairman Peter McGuigan has been in charge for 16 years.

In a statement Mr McGuigan said, 'The club moved into a new purpose built wholly-owned stadium in August 2010 and is virtually debt free.   There is an option to develop the ground further with a 30,000 square foot pitchside office block which is already 50 per cent pre-let, as well as a 50-60 room hotel adjacent to the stadium.'

Big interest in Notts County

There has already been big interest in taking over Notts County with eight buyers reported to be in the frame.  Most of the interest has come from overseas and talks have already been held with an anonymous Danish billionaire.

Failed bidder tries elsewhere

Having failed in a takeover at Woking, businessman Ashley Read is now to trying to take control at rivals Aldershot Town.   Months of negotiations with Woking ended after they failed to provide the financial information he required.  Woking, who posted losses of £500,000 in their last financial year, badly need a cash injection.

Aldershot chairman Shahid Aszeem save the club from almost certain closure in 2013, doesn't hide the club's search for fresh investment.  However, he says that there is no offer on the table yet.

Bolton's troubles reflect a bigger problem

Subject to Football League approval, the takeover of Bolton Wanderers by the Sports Shield consortium headed by Dean Holdsworth has been completed.  He has yet to make investment promises or identify his backers.