Methven set to complete £10m takeover of Charlton
It has been suggested that former Sunderland co-owner Charlie Methven is set to conclude a stunning return to football with Charlton Athletic.
The Athletic report that Methven will complete a £10million takeover of Charlton Athletic, the club Sunderland lost to in the 2019 League One play-off final at Wembley whilst the businessman was heavily involved with the running of the Wearside outfit.
The Addicks are now back inLeagueOnewithMethvenno longerinvolvedinSunderland, although his former Madrox partners Juan Sartori and Stewart Donald retain shares in the club alongside majority owner Kyril Louis-Dreyfus.
However, after some time out of football having left Sunderlandfollowingthesaleofhis remainingfivepercentstakein 2022, The Athletic claims the consortium he is heading up is close to completing a takeover of the London club.
The Athletic’s report also addsMethven’sgroup–named SE7 Partners – are set to complete the deal shortly with money being pumped in by a US investor.
Former Sunderland CEO Jim Rodwell was appointed as Charlton’snewchiefoperating officer late last year.
Rodwellpreviouslyworked underMethvenandDonaldon Wearside before his removal after Louis-Dreyfus’ initial takeover. Another Methven associate, Ed Warwick, was appointed also recently appointed as Charlton's finance director.
Charltonarecurrently12th in League One having taken 37 points from 28 games so far this campaign, but only sit 10 pointsoffBarnsleyinsixthand a play-off spot. Ex-Sunderland midfielderGeorgeDobsoncurrently plays for the Addicks.