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Huw Jenkins opens up on potential Charlton takeover

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Huw Jenkins has suggested that he still holds an interest in in buying the club, but has also outlined the assurances that he will be looking for before going ahead with any potential deal.

Charlton have endured a troubling period on and off the field since the turn of the year, with Lee Bowyer’s side dropping into the relegation zone in the Championship with nine matches remaining of the Championship season, which leaves them in a battle to ensure their survival when the campaign resumes.

There have also been problems off the field for Charlton over their ownership, which has led to the club being investigated by the EFL over the way they have been run under, and Laurence Bassini pulled out of a potential deal to takeover the club earlier in the week.

It is thought that Jenkins has concerns over the fact that Charlton would need to raise around £500,000 by the end of the week to pay wages and other debts has stalled any potential deal for him to takeover the club.

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Dillon Phillips

Speaking to the Daily and Sunday Express, Jenkins suggested that he is not yet pulling out of a deal to buy the club, but also stated that he will be needing further reassurances from the Football League before moving ahead with any possible deal.

He said: “The intent is still there.

“But we need clarification of a number of issues before we press on.

“You cannot propose a takeover without a clear idea of what is the full position at the club. That is imperative.

“I definitely think that if a takeover went through it would alleviate some of the club’s problems.

“But obviously, if the club are relegated from the Championship then the reliance on crowds would be greater – and that would create problems. We hope to get some clarity on that next week. That will be crucial.

“This not a straightforward takeover.”

The verdict

This is a very nervous period for Charlton supporters, with the club’s long-term future up in the air, but Jenkins’ comments do at least suggest that there is still the potential that a deal can be arranged for him to takeover and get the club heading back in the right direction.

Given Charlton are currently inside the relegation zone and are facing a real battle to survive in the Championship, you can understand the concerns that Jenkins may have over whether they will still be playing in the English second tier next season, and what the financial situation of the club will be if they are playing in League One.

Charlton supporters will be hoping that Jenkins does manage to get the reassurances he was hoping for, and that a deal can be completed as soon as possible, with the focus needing to return to the club’s battle for survival in the Championship when the season resumes.


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Article title: Huw Jenkins opens up on potential Charlton takeover

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