Charlton finally SAVED as millionaire Danish businessman Thomas Sandgaard takes over stricken club after EFL shambles

CHARLTON ATHLETIC have finally been saved after confirming Thomas Sandgaard as their new owner.

SunSport exclusively revealed how the Addicks face being booted out of the EFL unless ESI sold the League One side.

Charlton Athletic have confirmed Thomas Sandgaard as their new owner

Yet thankfully, Charlton announced on Friday afternoon that Danish businessman Sandgaard has acquired 100 per cent of the Londoners.

Previous owner Roland Duchatelet will continue to lease the training ground and The Valley stadium with a rental agreement in place for both for the next 15 years.

Sandgaard, who is worth more than £350million,  has passed the EFL’s owners and directors’ test and revealed the funds have already been provided to ensure the club’s survival.

 

He said: “While there was an injunction in place to prevent the acquisition of ESI, it did not prevent the acquisition of the club itself and so I am thrilled to announce that I have acquired the Club from ESI.

“With the club about to run out of funds this month, it was important that I moved quickly to complete the acquisition and put funds in to the Club to ensure its survival.

“The club will also be working quickly post-completion to recover any losses suffered as a result of the actions of the previous owners to the extent possible.

“I am truly humbled by all the support from Charlton fans, honoured to officially become part of the Charlton family and be part of a team that will lead the Club into a successful future.

“The Charlton community is one-of-a-kind. They welcomed and embraced this change of hands with more openness than many others would have given Charlton’s history.”

The club announced the news by posting an open letter from Sandgaard on their website on Friday afternoon, with the businessman signing off as “Proud owner of CAFC”.

Lee Bowyer’s men currently sit 11th in the Championship after following up a 2-0 opener against Crewe Alexandra with a 3-1 defeat to Doncaster.

Charlton next travel to Lincoln City on Sunday, with the Imps looking to bounce back from their 7-2 Carabao Cup defeat to Liverpool.