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Today's Guardian....

edited January 2011 in General Charlton
...someone has been looking on here.

Charlton owners mystery

Charlton Athletic fans are wondering whether Kevin Cash, a super-wealthy property developer, has funded the club's recent takeover.The Addicks' newly installed chairman, Michael Slater, is an 11% shareholder and the chairman of Reflex Vehicle Solutions, a car-rental firm of which Cash's Rose Property Holdings owns pretty much all of the remaining 89%. Charlton are obliged under Football League rules to announce all backers who own more than 10% of the club, and they have declared only Slater and Tony Jimenez as the major shareholders. A spokesman for the pair confirmed yesterday: "The majority owners of the club are Tony and Michael; there are several minority shareholders who each have less than 10% in the holding company."There is obviously no reason to disbelieve the spokesman but neither is there any way of independently checking - not even for the Football League. As revealed here on Tuesday, Charlton's parent company, CAFC Holdings, is registered in the British Virgin Islands, where shareholders and directors need not be disclosed.

Comments

  • Sinking myself.

    *Hangs head in shame*
  • edited January 2011
    It is possible that the true owner's majority share has been chopped up into 9.9% lots and recorded in tax havens throughout the world against a number of different names. A Football League spokeman said "Suits us Sir".
  • The Football League has been pretty useless in the past with regards to ownership. Some of the real owners of Chelsea, before Abramovich bought the club, were never known. As for their 'fit and proper persons' test, where do you start?
  • edited January 2011
    i find if you just do a quick search before starting threads afka you can save yourself a LOT of embarrassment!

    there is a thread on how the site works somewhere, have a search for that ;0)
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