Spiegel aiming to complete Charlton Athletic takeover
US businessman Marc Spiegel is aiming to complete his takeover of Charlton Athletic tomorrow.
The American, who made his fortune in recycling, is fronting the consortium looking to take over the club.
Their exclusivity period with Thomas Sandgaard – which was signed in February – has now expired. However, talks and negotiations with the US-based Dane have continued.
Current owner Sandgaard, who purchased the club in September 2020, looks set to relinquish all control of the Addicks and will not retain any stake once Spiegel’s takeover has been completed.
Spiegel was recently quoted by Bloomberg about the Charlton takeover, saying: “Our ambitions are more than just purchasing a club.
“We want to elevate the club – expose it to a new audience and win on the pitch.”
Charlie Methvan’s group were at an advanced stage of negotiations with Saangard before the current Charlton owner halted talks.
The Addicks are 11th in the League One table and have been in the third tier of English football since they were relegated from the Championship in July 2020.
PICTURE: KEITH GILLARD