Hello Marc Spiegel

Takeover 2 (this year) confirmed by Thomas Sandgaard as Marc Spiegel, another American and owner of global waste management and recycling company Rubicon.

We also had proof yesterday that Charlie Methven was only here for the money. In a carefully worded zoom piece for the BBC online, he expressed surprise that Thomas Sangaard called time and said his group would be considering legal redress "for penalties" and that he considered his deal was still on. Sandgaard chose not to bite 'at this time' and reitereated that the deal was off because it over-ran and wasn't completed as per the terms of exclusivity. 

Methven is flying a kite to save some face and for a pay-off. I suspect he will go the way of Paul Elliott and that Cardiff dentist and be sent packing.

CAST's own legal eagle has summarised it neatly here;;https://www.castrust.org/2023/02/how-serious-is-the-prospect-of-legal-challenge/

So what to make of Marc Spiegel? First thing is he Tweeted a couple of short, cryptic but excited sounding Tweets last week about his love of football and a possibly "momentus" decision. Those were quickly deleted yesterday after he was named and Charlton fans began responding.

He is a big sports fan and has money although I suspect he is some way behind Sandgaard who has found it too rich for his liking. We need to understand his plans but if he is behind this alone I don't see the incentive of a flip that wouldn't show him in a good light (unlike an American investment house who couldn't care less). 

Immediate view is that he may be prepared to do the running for a couple of seasons and hope he can find footballing success that eluded Sandgaard and help rebuild the club's fanbase. If not, hard to see him not looking to get out after he is £15-20m down. 

Sandgaard has also appointed Peter Storrie as temporary consultant CEO to see the club through this next attempted sale and possibly another if there is one. Widely experienced but not without form of his own. Hopefully he wont be here long enough to do any damage. Rumour too that ex football agent Jon Smith will be appointed as Technical Director. Smith too is well experienced and managed Diego Maradona at one time. I would think he too would be costly for Sandgaard so suspect another 'consultancy' role.

Back at the coal-face, Charlton finally win a sending off appeal! Inniss available to face the mighty Forest Green Rovers tonight.