Charlton AthleticSport

Singapore-based ACA Football Partners set to hold minority stake in Charlton once SE7 Partners takeover completes

Jim Rodwell has revealed that ACA Football Partners will hold a small stake in Charlton Athletic if SE7 Partners complete their acquisition of the League One club.

SE7 Partners signed a share purchase agreement (SPA) with current owner Thomas Sandgaard on June 5.

And Rodwell, who is set to be chairman once the takeover is completed, told Charlton Athletic Supporters’ Trust that his group hope to obtain EFL approval by the end of July.

He has also added that he expected the full list of owners to be made public once the takeover was green lighted by the governing body, adding there was “nothing nefarious” to the structure.

Rodwell also confirmed that Singapore-based ACA Football Partners would have a minority stake. They are part of ACA Group and have stakes in KMSK Deinze and Juventud Torremolinos in Belgium and Spain respectively.

ACA FP CEO Hiroyuki Ono has previously been quotes as sayiny: “A lot of people think clubs either struggle and need help from big corporates, or is a plaything for rich people. I want to prove that football can also be a business. One of the ways is to show its potential from different angles.”

PICTURE: PAUL EDWARDS


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