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Australian bid for Charlton

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An Australian consortium is bidding to take control of Charlton Athletic from unpopular Belgian owner Roland Duchatelet.

The plan is to make Charlton 'Australia's football club'.   Promising Australian talent would be showcased at The Valley.

The UK chairman of the consortium is the chairman of construction firm Balfour Beatty.

A rather low price of £20m has been quoted.   It is possible that this may only cover the club and the ground and training ground would be retained by the current owner and rented out.

The capital raise process is being undertaken by Melbourne-based Henslow Pty ltd. and a feasibility study was commissioned from Deloitte Sports Business.

In an excellent article Voice of the Valley fanzine editor Rick Everitt knocks on the head that this is a ploy by Roland Duchatelet to redevelop The Valley.