Interest from a potential new shareholder has surfaced as Matt Southall looks to sell his stake in Charlton Athletic.
According to South London Press reporter Richard Cawley, an anonymous party is interested in Charlton and current chairman Southall is selling up. The former football agent is reportedly looking for a six-figure sum for his 35% stake.
The Addicks have had a turbulent few years – former owner and controversial figure Roland Duchatelet originally tried to sell up in 2017 but no deals came to fruition. Eventually, the Belgian handed the club over to East Street Investments, ran by Abu Dhabi-based businessman Tahnoon Nimer (via Sky Sports).
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ESI paid £1 to buy Charlton from Duchatelet in January this year (via Sky Sports). After the arrival of new club directors Jonathan Heller and Nimer – who owns a 65% share in the club – Southall came on board as the new executive chairman.
A recent feature from The Athletic has highlighted the toxic relationship between Nimer and Southall, who are each trying to overthrow the other from their respective positions within the club. In March, the Middle Eastern businessman attempted to serve papers for Southall’s dismissal.
It seems now that the Englishman may have taken the hint and given in, as he now offers up his 35% stake for whoever can meet his costly demands.
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