surrey jim
Not in Surrey
http://www.mailonsunday.co.uk/sport/football/article-1199063/Charlton-brink-40m-debt-set-scupper-takeover-bid.htmlCharlton are poised to be the next club to fall into administration, with a takeover bid on the brink of collapse because of debts of up to £40m.
A group of local businessmen who had been in talks about a £30m buy-out were alarmed to discover the extent of the League One club's liabilities.
A source close to the bid said last night: 'The club are going through a slow, painful death. In strict business terms, a club with 10 fewer points, but millions of pounds less debt would be a far more attractive proposition.'
Things not looking too good for them. Cannot see them going down this season unless they get points deducted etc