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Ben Hayes - Charlton Athletic programme

Takeovers

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Last chance saloon for Charlton

Charlton fanzine editor Rick Everitt reckons that Charlton are in the last chance saloon.   There is the chance of a takeover in the January transfer window that could transform the fortunes of the relegation threatened club.

In the latest issue of Voice of the Valley, Everitt revealed an exchange of e mails between former Charlton chief executive Peter Varney and the current incumbent Katrien Miere.   Varney was trying to set up a meeting to discuss an investment proposal, but effectively got the brush off.

Why American investors are interested in the EPL

Top football journalist David Conn considers why American investors are interested in the EPL as the Barclays Premier League is known in the States, despite the fact that soccer is not a top sport there.

Seven Premiership clubs have American investors with Everton likely to join them.  The main attraction is to make money on the increasing capital value of the clubs, something that has worked well for the Glazers at Manchester United.

£200m American bid for Everton

If there is a Premier League club that merits the label of 'sleeping giant' it is Everton.  Goodison Park badly needs investment or even a replacement.   The board has been trying to attract investors for years, but without success.

Now it looks as if American investors may be coming into the club, following the recent example of Crystal Palace.   The travails of Randy Lerner at Aston Villa or the challenges faced by Fenway Sports Group at Liverpool don't seem to have put them off.

Palace deal completed

The deal for a consortium of American sports investors to take a stake in Crystal Palace has finally been completed - and it's bigger than expected.

70 per cent of Palace shares have changed hands in a deal which will give the investors a controlling stake.   The cost was £100m and they will put in £50m to upgrade Selhurst Park and invest in the playing squad.

Steve Parish will, however, continue to be involved in all major decisions.

Leeds and Wolves are best buys

A football finance expert reckons that Wolves and Leeds represent the best remaining investment opportunities among big clubs and are certainly the most attractive purchases in the Championship.

Port Vale up for sale

Port Vale have been put up for sale following their defeat in the FA Cup at Exeter on Saturday.  Chairman Norman Smurthwaite has pumped in 800k since he took over, initially with a business partner in 2012 and then as sole owner from 2013.

He clearly thinks he has not got value for money with Burton Albion topping the table on a 30 per cent smaller budget.

Aston Villa's pain continues

Aston Villa did secure an away point at Southampton yesterday, but they also created a new and unwelcome club record of fourteen games without a win.  They have spent 105 seasons in the top flight (only Everton have a better record) and relegation would be an unfamiliar experience.

Hopes grow at Bolton

Hopes of a deal to save Bolton Wanderers are growing.   The club is perilously close to going into administration, leading to a points deduction and almost certain relegation to League One.

However, four parties have a serious interest in buying the club and it may be possible to conclude a deal by early next week.  

City may buy Chinese club

Manchester City's owners are exploring the possibility of buying a Chinese club as part of their global expansion plans.   As well as bringing commercial benefits, it could also be a talent pool for young players.

China is considered a difficult market to navigate and owning a club there would help that process.  The club will also benefit from its new partnership with China Media Capital (CMC) and CITIC Capital. Ruigang Li, the CMC Chairman and one of China's leading media barons, is to join the City Football Group board.

Chinese take 13 per cent stake in City

Sheikh Mansour has sold a Chinese consortium a 13 per cent stake in Manchester City for £265m.  It will also give the investors a stake in the Manchester City Group's (CFG) clubs in Melbourne City and New York City.  They also have a minority stake in Yokohama F Marinos.