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Belgian tycoon Roland Duchatelet completes Charlton takeover

PUBLISHED: 11:00 06 January 2014 | UPDATED: 11:00 06 January 2014

Roland Duchatelet (centre). Photo by Kristof Van Accom/EuroFootball/Getty Images

Roland Duchatelet (centre). Photo by Kristof Van Accom/EuroFootball/Getty Images

2011 AFP

The takeover of Charlton by Belgian businessman Roland Duchatelet was completed last week.

The 67-year-old’s company, Staprix NV, will take on 100 per cent of the club’s shares - subject to final legal formalities.

Outgoing chairman Michael Slater will step down from the board of directors, and former Addicks chairman Richard Murray will enter as non-executive chairman.

Duchatelet made his fortune in electronics, and owns a number of clubs across Europe - including Belgian side Standard Liege.

His takeover comes after the collapse of a proposed purchase of Charlton by American tycoon Josh Harris - owner of NBA side Philadelphia 76ers.

The purchase comes as Chris Powell’s men sit 19th in the Championship, just three points clear of the relegation zone after a 1-1 away draw with Ipswich last week.

Hoping to bolster the squad for the second half of the season, Powell welcomed midfielder Astrit Ajdarevic to the club on a six month loan deal from Standard Liege on Friday - the same day of Duchatelet’s takeover.

After their midweek FA Cup tie against Oxford United, The Addicks welcome Barnsley to The Valley on Saturday at 3pm.

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