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Ben Hayes - Charlton Athletic programme

Takeovers

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Rangers bid talks

Dave King, who in conjunction with two other businessmen, is seeking to make a £16m bid for Rangers has been in talks with influential shareholder Sandy Easdale.   King needs the support of 75 per cent of shareholders and Easdale controls 26 per cent of the voting shares.    King is said to be open to a deal which would avoid dilution of the stakes of existing shareholders.

Bolton for sale

Bolton Wanderers is for sale to the right purchaser, but the question is whether any purchaser can be found.  Not only are the club bottom of the Championship, but they are £160m in debt.

Can Indonesian tycoon turn Inter around?

Inter Milan has had a difficult patch since winning the Champions League in 2010.  It has finished no higher than fifth in Serie A in the past three years and has fallen to 15th in the latest Football Money League from Deloitte.

Indonesian tycoon Erick Thohir now owns 70 per cent of the club (with business partner Handy Soetedjo) and is aiming to make it one of the top ten revenue earning clubs again and a contender in the Champions League.

Ashley doubles Rangers stake

Newcastle United owner Mike Ashley has more than doubled his stake in Rangers to hold just under 9 per cent of the shares.  The maximum stake he is permitted to hold under an agreement he concluded with the Scottish football authorities is ten per cent.

Cain Hoy drop Spurs bid

US investment group Cain Hoy has droppes its potential bid for Tottenham Hotspur.  The group, backed by Guggenheim Capital, said in a statement to the London Stock Exchange yesterday that after preliminary work on the offer it has 'subsequently terminated its assessment and is consequently no longer making an offer for Tottenham.'

Villa sale still possible

The sleeping giant that is Aston Villa has stirred and with the club currently 2nd in the table, following forecasts by pundits that they could be relegated, Paul Lambert has been given a new four year contract.   Owner Randy Lerner has been unable to find a buyer for the club and has shelved his sale plans for the time being.

The business of selling Spurs

There is no doubt that ENIC International, the investment company owned by billionaire Joe Lewis, would sell Tottenham Hotspur if the price was right.   The original plan when he took control in 2001 was to sell within three years. Whether he can get the near £1 billion he wants is another matter.

Steve Bruce could be loser from Hull upheaval

I have a lot of time for Steve Bruce as a manager.  First, I think that he is a genuine football person who is underrated as a manager.  Indeed, he is being talked about as a possible future England manager.   Second, he is a nice guy.  When he was managing Birmingham City, a friend bumped into him in a Warwickshire pub and he was willing to chat to an ordinary football fan who was not a Blues supporter.

American investors size up Spurs

An American investment group is in the 'preliminary stages' of considering a bid for Tottenham Hotspur. The club's potential is tied up with the redevelopment of White Hart Lane and it is thought that a bid is unlikely until progress is made on the stadium plans.   

It is also questionable whether Cain Hoy would meet the near £1bn valuation of Spurs by owner Joe Lewis, a currency trader who has been Tottenham's majority shareholder since 2001.

Newcastle not for sale

Newcastle United owner Mike Ashley has denied reports that the club is for sale.   It had been suggested that he was interesting in taking over Rangers in which he has a 9 per cent stake.  However, he has also said that he will not be buying any more shares in Rangers.

A takeover at some point in the future has not been completely ruled out, however, as he has said that he will not sell the club until the end of next season.