Richard Murray provides a takeover update for fans as February draws to a close

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Charlton Athletic Director Richard Murray has said that a price for a takeover of the club has been agreed with two separate parties and that the deal is now with the lawyers.

Following the news that the club was for sale, Murray updated fan representatives on January 20th where he said: “My opinion, and this is only an opinion of what might happen, I would say the most likely month is February.”

He updated fans again earlier this month where he referenced because of a non-disclosure agreement he has signed, he can’t reveal the names and certain information of the parties involved in takeover talks.

With February drawing to a close he said today: “I said in January that negotiations with two parties on the takeover were continuing well and I hoped a deal would be concluded in February of this year. Although the takeover has not yet been completed, the good news is the terms of the deal, including the price, have now been agreed between the parties and we are now just waiting for their respective lawyers to finalise the sale and purchase agreement. 

"You can never tell how long lawyers will take but I’ve been informed it should be within the next few weeks. Once the new ownership has been legally achieved, we will inform everyone via our official channels.”