Charlton Athletic: East Street Investments complete takeover from Roland Duchatelet

East Street Investments have completed their takeover of Championship club Charlton Athletic, ending Roland Duchatelet’s spell as owner.

A deal was first announced at the end of November, subject to English Football League approval.

Much of Duchatelet’s tenure was dominated by friction between the Belgian and a section of supporters and he has been trying to sell the club since the end of 2017.

Charlton are 19th in the Championship.

New chairman Matt Southall said: “This is a great opportunity for ESI and we are thankful to Roland Duchatelet and his team for giving us the chance to build on such strong foundations.

“Now, for us, the hard work begins. We already have plans in place to support Lee and his staff over the next month.

“But most important is strengthening our links with both the fans and the Charlton community so they may understand our short-term and long-term plans for the club and how we intend to build on the amazing support and goodwill already shown to ESI.”

More to follow.

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