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Charlton’s proposed takeover will not take place until at least the end of the season

Charlton Athletic

Sky Sports News understands that the proposed takeover of Charlton Athletic will now not take place until at least the end of the season, with owner Roland Duchatelet waiting to see which division the club will be playing in before agreeing the sale.

In January, director Richard Murray told supporters that a price had been agreed with two separate parties, and that the takeover was expected to be completed before the end of February.

But we understand the terms of the deal have now changed, and that the price any prospective owner will have to pay will directly depend upon whether Charlton win promotion to the Championship.

Charlton players celebrate against Blackburn
Image: Charlton players celebrate against Blackburn

We also understand that although due diligence has taken place with both consortiums, Duchatelet has established a contract race between the two.

One is an Australian consortium involving Andrew Muir and at least one former Charlton player - and according to Sky sources they were at The Valley to see Charlton beat Blackburn at the weekend to move within a point of securing a League One play-off place.

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Highlights of the Sky Bet League One match between Charlton and Blackburn Rovers.

Less is known about the identity of the second interested party bidding to buy the club.

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Neither Charlton nor the EFL are able to comment on the exact stage of the takeover process, but we understand it will be weeks rather than days before any deal is done.

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