Brink of administration

J BLOCK

Charlton are poised to be the next club to fall into administration, with a takeover bid on the brink of collapse because of debts of up to £40m.

A group of local businessmen who had been in talks about a £30m buy-out were alarmed to discover the extent of the League One club's liabilities.

A source close to the bid said last night: 'The club are going through a slow, painful death. In strict business terms, a club with 10 fewer points, but millions of pounds less debt would be a far more attractive proposition.'
http://www.dailymail.co.uk/sport/football/article-1199063/Charlton-brink-40m-debt-set-scupper-takeover-bid.html?ITO=1490

SoundAsa£

J Block does it again............Fire torpedoes one and two!

J BLOCK

[cite]Posted By: SoundAsa£[/cite]J Block does it again............Fire torpedoes one and two!

why sink

SoundAsa£

[cite]Posted By: J BLOCK joe[/cite]

[cite]Posted By: SoundAsa£[/cite]J Block does it again............Fire torpedoes one and two!

why sink

Joe stop playing silly games please.................this isn't the time or place.

Henry Irving

[cite]Posted By: J BLOCK joe[/cite]

[cite]Posted By: SoundAsa£[/cite]J Block does it again............Fire torpedoes one and two!

why sink

cos there is already a sticky with the same story and a few dozen posts.

J BLOCK

my bad

Clem_Snide

Small matter of a thread that has been going on since 10.30pm last night..........