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Ben Hayes - Charlton Athletic programme



Uncertainty surrounds Cobblers takeover

Uncertainty is surrounding the takeover of Northampton Town by a mystery Indian consortium.   One question has always been what the motivation would be to acquire a League 2 club, albeit one in a reasonably prosperous area with some potential for progress.   

Nearly a month has passed since chairman David Cardoza announced the heads of terms agreement with the mystery buyers, leaving rumour to fill the void of information coming from the club.

Villa talks dead in water

Aston Villa manager Tim Sherwood has said that takeover talks for the club are 'dead in the water'.   Exclusivity had been granted to a mystery consortium over a £150m takeover, but talks collapsed.

This means that Randy Lerner has failed to sell the club for a second successive summer.   The question that arises is, why?   There is a healthy appetite for acquiring Premiership clubs given the new television deal which means that they require less in the way of subsidy from a new owner.

Valencia hopeful of brighter future

Singapore billionaire Peter Lim acquired control of Valencia last year.   The club had struggled financially for years with debt increasing faster than income.

His plans remain unclear, but there are hopes of a brighter future.   As the Spanish economy recovers, that should also help.

Baggies sale near completion

The sale of West Bromwich Albion to a Chinese consortium is expected to completed by the end of the month.  The price is though to be in the region of £150m.  The club is debt free and has been making a profiit.

Chairman Jeremy Peace owns 88 per cent of the shares in the club.  His generally good record as chairman is assessed here.

Northampton Town set for foreign takeover

Northampton Town is a quintessentially Middle England club, but it looks set for a takeover by an Indian consortium as foreign investors reach into the lower levels of the Football League.

Standard Liege sold

Roland Duchatelet has sold Standard Liege to the club's vice-president Bruno Venanzi.   He co-founded an energy company which specialises in green tariffs in 2003.   So far 83 per cent of Standard fans voting in an online poll have welcomed the news.

Hartlepool takeover completed

The takeover of Hartlepool United by JPNG has been completed and approved by the Football League. JPNG are a specialist recruitment company with clients in Dubai and the UAE as well as the UK.

Former owners Increased Oil Recovery were in charge for 18 years.  The newly formed Supporters' Trust has welcolmed the takeover.

Torquay takeover completed

The takeover of Torquay United by a consortium of 10 local businessmen led by former striker Dean Edwards has at last been completed. Because of the uncertainty, only 57 season tickets have been sold for next season.

United to buy A-league club?

Manchester United could replicate their rivalry with Manchester City down under.   It is being reported that they may buy A-league champions Melbourne Victory.  Manchester City already own Melbourne City.

Lerner ready to quit

Randy Lerner is ready to stand down as chairman of Aston Villa this summer if he does not manage to sell the club.   He has already made moves to put a new board in place if a takeover is not completed.

In a rare in depth interview in The Times, Lerner accepts that he should have stood aside years ago because of family and work commitments in the United States.   His original plan had been to move to England which would have made the role of executive chairman more feasible.