Charlton Athletic x SE7: Takeover Complete!

Charlton Athletic have finally confirmed a takeover deal with SE7 partners. It includes former Sunderland owner Charlie Methven as part of the deal as well, as he aims to transform this club.

Charlton Athletic x SE7:

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Sky Sports

Current owner Thomas Sandgaard and SE7 partners have signed a share purchase agreement today. It also includes American billionaire Joshua Friedman to be a part of the consortium as they await approval from the English Football League.

The BBC report stated ‘Methven, who left left his role as a director at Sunderland in December 2019, and Edward Warrick are the two directors of SE7 Partners.’

A club statement wrote the club and SE7 Partners “will work with the EFL to meet its requirements before approval for the takeover is granted”.

The club’s CEO Peter Storrie conveyed, “A deal has been agreed and a share purchase agreement has been signed by Thomas Sandgaard and SE7 Partners. We’ll now work with SE7 Partners and the EFL to meet the league requirements, which is a process that can take some time.”

“In the meantime, the day-to-day running of the club will not be impacted. Our preparation and recruitment for the 2023/24 season is well underway.  We have our targets for our men’s team and our women’s team. Led by Dean Holden and Karen Hills, those plans continue to progress and will not be halted while we await the approval.

“The aim is to put the club in the best position to achieve our targets for next season – a top-six finish for the men’s team and further progression for the women’s team.”

This comes as positive news for Charlton Athletic fans who are hoping to see their club back in the top flight.

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