Takeover terms agreed of Charlton women’s team

Takeover terms agreed of Charlton women’s team

Charlton Athletic are pleased to state that Stephen King and Thomas Sandgaard agreed on the terms for the takeover of Charlton Athletic Women’s Team, subject to the requirements of the FA’s Women’s Super League and the FA Women’s Championship Competition Rules.
The women’s and men’s team have been separate organisations for over ten years and the takeover will bring the two clubs under the same ownership for the first time since 2007.

Charlton Athletic Women have a great history and they became one of the leading teams in domestic women’s football during the early 2000s, when they won both the FA Cup and the League Cup. The team currently play in the English football’s second-tier and signed five players before last Thursday’s transfer deadline.
Sandgaard, who purchased Charlton in September 2020, said: “I am looking forward to being able to complete the takeover of Charlton Athletic Women. I have loved my first few months in charge of the club and people will have probably seen that I’ve been bitten by the Charlton bug.
“One of the first things I did when I was in London after the takeover was go and watch Charlton Athletic Women play and I knew then that I wanted to bring the two clubs back together.
“Women’s football is one of the fastest-growing sports in the world and you can see that a lot of the big clubs are investing in their women’s team. My long-term aim for Charlton is to reach the highest levels with both the men’s team and the women’s team, so I’m looking forward to getting started.”
Charlton Women controversially disbanded in 2007 and were kept afloat firstly by Charlton Athletic Community Trust and then by Charlton fan and local businessman Stephen King.
King said: “I am delighted to be able to direct Charlton Athletic Women into such safe hands. The last ten years have been an exciting yet challenging time in charge with some great highs, including the promotion in 2018 and turning semi-professional. There have been very difficult periods, none more challenging than the current pandemic. Women’s football is growing at pace, and so are the demands on those running these clubs. I am pleased and relieved that Charlton Athletic Women have been able to come through it, and I am convinced the club now has a very positive future to look forward to under the stewardship of Mr. Sandgaard.”