Richard Cawley has revealed that Laurence Bassini previously had an agreement in place to takeover Charlton Athletic only for the deal to fall through, and now he’s in the frame once again.
It’s another twist in the Charlton story. It began with what looked like the start of a new era at The Valley – brand new owners at the beginning of the year who looked the real deal, and looked set to splash in January.
But after quiet winter transfer window, fans started to become weary of their new owners. In the following months, Matt Southall has been removed from his position as chairman at the club, leaving Tahnoon Nimer as the majority shareholder with East Street Investments.
Again though, it looks as though there will be more movement from ESI as complications continue to arise over Nimer’s proof of funding, and he could well sell the club before the season’s out.
Bassini claimed to have an agreement to buy the club, but there were reasons he reckoned he would not proceed.
— Richard Cawley (@RichCawleySLP) May 22, 2020
To add to the mayhem, Cawley of the South London Press has revealed that ex-Watford and Bolton chairmen Bassini was close to buying the majority share of Charlton last month, but has now revealed that the deal fell through.
Bassini’s involvements in Charlton have recirculated on social media this morning and many fans have been left wondering what his involvement is, or has been to date, and whether it’ll go any further.
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The more facets that this story gathers, the more complicated it becomes. What started as a fresh opportunity for the club has seemingly set them back in terms of their development, and this latest revelation will only spell bad news for Addicks fans.
Bassini is a famed name in the game but not for the right reasons. All the clubs he’s had involvements with have suffered financially, and Charlton fans are fearing the same fate if he become’s the club’s new majority shareholder.