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Ben Hayes - Charlton Athletic programme

Takeovers

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Spurs deny takeover talk

Tottenham Hotspur have denied speculation about a takeover of the club.  In a statement on its website the club said, ' The Club engaged Rothschild  to secure the funding for the new stadium. As expected many proposals came forward including bank debt and equity investment. The Club announced on 31 May 2017 the completion of the bank debt financing for the new stadium with a consortium of banks involving Bank of America Merrill Lynch International Limited, Goldman Sachs Bank USA and HSBC Bank plc.

Sunderland takeover talks fail

Talks with a German consortium for the takeover of Sunderland have ended in failure.   The club set a time limit on the talks so that preparations could begin for next season and have now brought in Simon Grayson as manager.

Chinese firm takes Cobblers stake

A Chinese firm 5USport has taken a stake in Northampton Town FC.   The size of the stake has been revealed as 60 per cent. but the chairman of the Cobblers, Kelvin Thomas, insists that it is a partnership rather than a takeover.

It does show that Chinese firms from a variety of backgrounds are prepared to take an interest in football clubs below the Premier League level.

Orient: the long nightmare is over

Francesco Becchetti is no longer in charge at Leyton Orient after a controversial period of ownership which saw the club relegated out of the Football League.

An Eagle Investments consortium led by Baskin Robbins and Dunkin' Donuts chief executive Nigel Travis has taken over.  He is a lifelong fan.   The price paid has not been disclosed.

Germans now sole bidders for Sunderland

A consortium of Sunderland supporters bidding to take over the club has pulled out of the running. Because of film and television commitments they think it isn't the right time to get involved.  It is hoped that new owners will be in place before the end of the month.

Rival bids for Sunderland

A consortium of wealthy supporters is ready to rival a German bid for Sunderland.    It is believed that there is a big gap between owner Ellis Short's valuation of the club and its crippling debt and what the German consortium is prepared to offer.

Chinese offer for Newcastle

Mike Ashley is considering an offer from a Chinese consortium to invest in Newcastle United.   A stake rather than a full takeover seems to be on the table, but a minority investment could lead to a complete takeover in time.

Ashley values his stake at £350m -£400m which has so far deterred potential buyers, but the Chinese appetite for a slice of Premiership action is strong.   A substantial investment would help Newcastle to recruit top players.

Takeover interest at Sunderland

Sunderland are engaged in takeover talks with a German consortium that has a longstanding interest in English football.   The £110 million price tag on the club asked for by owner Ellis Short does not appear to have deterred them.

Sunderland are being advised by Dr Keith Harris who has advised on the purchase of many clubs including Chelsea, Manchester City and Everton.

German tax probe could force Saints sale

The pressure on Katrien Liebherr to sell Southampton could increase as a result of an investigation by the German tax authorities.   The public prosecutor's office is investigating the tax liability of her late father, Markus Liebherr.

Portsmouth takeover approved

The takeover of Portsmouth Football Club by former Walt Disney chief executive Michael Eisner has been approved.  80.3 per cent of the members of Portsmouth Supporters' Trust who own 48.5 per cent of the shares voted in favour of the deal.   Of the club's 'presidents', who hold the remainder of the shares, 75 per cent voted in favour.