Charlton to be taken over by Dubai investors?

Charlton Athletic appear set to become the latest club to be taken over by Dubai-based investors, after receiving a "indicative cash offer" from Zabeel Investments, a company previously linked with Newcastle United. GettyImages The takeover will come as a pleasant surprise to Charlton fans and perhaps club manager Alan Pardew. A statement from the Championship club has revealed they will receive significant investment as part of a takeover from the Middle East. The statement on the Charlton website read: "The board of Charlton Athletic plc announced on Friday that it has received an indicative cash offer from Zabeel Investments, a Dubai-based diversified investment company. "The indicative offer is subject to a number of preconditions, including due diligence. However, it is at a level at which, should the offer be made... [read full story]