Dubai group eye Addicks takeover

Charlton could be the latest club to be taken over by foreign investors after reports claimed a Dubai-based group are keen.

English football is being swamped by foreign investment with Manchester City the most recent club to be taken over when Abu Dhabi United group bought them out.

All of a sudden City have money to burn and were able to sign Robinho just before the transfer window closed. Now reports on skysports television have suggested that a Dubai-based investor is planning to takeover at the Valley, news which is sure to excite the fans who have seen a number of key players leave the club recently.

Addicks boss Alan Pardew has had to sell his top stars as a lack of finances following relegation to the Premiership have taken their toll, and any new investment would be welcomed.

How much will be invested if indeed a deal does happen, remains to be seen, but the rumours are sure rumble on until Addicks officials make a comment the reports.