Fans’ relief as Duchatelet’s Charlton Athletic five-year reign finally ends

Charlton Athletic have been taken over by East Street Investments, subject to approval from the English Football League, finally bringing to an end the controversial reign of Roland Duchatelet.

New chairman Matt Southall this morning issued a statement which said: “We are proud and delighted to announce East Street Investments have agreed the purchase of Charlton Athletic Football Club.

 “We are privileged to take ownership of such an historic club and it is incredibly exciting to be part of the process of building a fresh future for the fans, loyal club staff and players of Charlton Athletic.

 “While we may be the club owners, truly we are only the custodians. The true spirit of this football club rests with the fans, it is nothing without them. Their support throughout some difficult times both recently and in the past has been inspirational and we intend to build on that loyalty. Our priority will be immediate contact with fan groups in order that their views play a major role in the club going forward.

 “We believe the football side of the club is in excellent hands with Lee Bowyer and what he and the players have achieved following promotion has been outstanding. We will do everything possible to support Lee’s vision and ambitions.


“We would like to thank Roland Duchatelet, his team and the directors for helping to facilitate a quick and smooth sale. They leave the club with solid foundations on which we can invest and build.


“Any deal of this kind is subject to the approval of the EFL and we are now working closely with them on the final details to satisfy their Owners’ and Directors’ Test. Until that has been received, we will be making no further comment.


“But please be assured we intend to do everything within our power to bring back a true sense of pride to Charlton Athletic Football Club which is the least the fans, future generations of supporters and the community deserve.”


One fan said on Charlton Life forum: “YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS. i can now buy a season ticket.
YESSSSSSSSSSSSSSSSSSSSSSSS!!! Weve got our Charlton back !”

Another said: “can’t believe Roland has actually gone!!!!! Are we loaded? How will we know???”

And a third said: “Dont know anything about Matt Southall other than he’s English, a football agent and was involved with an Aston Villa take over previously.

“Guessing he’s the front man and there’s money behind him (hopefully!).”

Seth Plum said: “Who is up for gathering at the Valley today? All day? Afternoon? Evening?

“I feel like going down there now.”

Comeonyoureds said: “I’m guessing Roland finally reduced the price with a Black Friday deal. I’m very hopeful about what this means, but also going to wait and reserve judgement.”


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3 thoughts on “Fans’ relief as Duchatelet’s Charlton Athletic five-year reign finally ends

  • 29 November 2019 at 09:45

    Best Xmas present any Charlton fan could have!

  • 29 November 2019 at 09:49

    This is such great news and the winner is football !!!
    Hopefully we will now have a leadership which is interested in supporting the football club not the business…
    WELCOME TO SE7 !!!

  • 29 November 2019 at 14:38

    Let’s wait and see and be careful what we wish for. The time to get excited is when the money comes through to secure the Management Team and the players on decent contracts and some further investment in the January transfer window.


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