Lee Bowyer has admitted Charlton Athletic were getting to the point where they could have been forced to cash in on one of their prize assets to pay wages.
The Addicks are under new ownership since Friday with Thomas Sandgaard completing a deal for the League One club.
But before that there were fears Charlton had run out of money. East Street Investments took control of the club in January but did not invest any cash and were also unable to get EFL approval for their ‘takeover’.
Manchester businessman Paul Elliott says he has put £500,000 into the SE7 outfit to keep them running over the summer. He had obtained an injunction to prevent ESI being sold.
But Sandgaard believes his deal is fine as he acquired the club and not ESI.
QPR have made multiple bids for striker Macauley Bonne with Celtic and Luton both attempting to land Alfie Doughty.
“Before we might have not been able to pay wages and had to sell someone – we were close to that,” said Addicks manager Bowyer. “Today we don’t have to sell anyone.
“Thomas is a wealthy man and we’re very lucky. That’s where his money does count.
“Any deal has to be right and the offer has to be right. Gareth Bale just moved to Tottenham and that shows if the right offer comes in then us as a football club need to think about it. You have to ask – is that [the offer] good business for the club?”
PICTURES: KYLE ANDREWS
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