Thomas Sandgaard revealed how he got here shut to purchasing Wigan and likewise checked out Sunderland and Coventry earlier than finishing his takeover of Charlton.
Sandgaard purchased the League One membership from East Avenue Investments in October and has offered some a lot wanted stability at The Valley.
The Danish/American businessman backed Lee Bowyer within the switch market and performances have been sturdy on the pitch.
Sandgaard joined Jim White and Simon Jordan on talkSPORT on Tuesday and spoke about how the acquisition of the Addicks happened.
“It began again in Could or June, I had a extremely good good friend in LA who in the future requested me ‘have you ever ever considered proudly owning an English soccer membership’. I used to be like ‘what? No’,” he advised White and Jordan.
“He was working with an legal professional with some enterprise right here in London and that legal professional knew what was happening up at Wigan going into administration.
“We began that and I obtained fairly shut and discovered, most significantly, with administration there could be a number of limitations on participant trades, and many others.
“I’m about constructing issues not about making an attempt to minimise the losses and get by it and possibly League One then League Two. No, I’m not about that.
“I began different golf equipment as an alternative. Coventry, Sunderland and people different varieties of golf equipment got here up and Charlton by far simply checked all of the packing containers.
“It was simply the possession state of affairs and the drama within the boardroom and we thought ‘hey, we are able to repair that’.”
A part of his deal to purchase Charlton was a 15-year rental settlement on The Valley and their Eltham coaching base with former proprietor Roland Duchatelet.
Despite the fact that he doesn’t personal the 2 properties, Sandgaard thinks it’s a good factor and helped settle the membership’s speedy future.
He mentioned: “I feel that was the most effective factor that might occur. Primary, the membership was only a few days away from administration so subsequently I needed to push for the deal that was extra available regardless that proudly owning the stadium and coaching floor would have been perfect.
“I needed to do it first. They have been far more open to a rental deal. What I provided, one in all many issues, was let’s triple the annual lease in return for taking off the £44million and all the opposite issues that have been tied to the opposite characters, that was the factor that made it occur in a short time.
“I feel now wanting again at it, it was the higher factor. I’ve 15 years to seek out out if we have now the precise time and the precise value so I can take over these two properties or we merely go elsewhere and construct one other, maybe extra trendy, stadium.”
Sandgaard additionally revealed how plans have been in place for Charlton’s return to the Premier League.
The Addicks have been relegated from the highest flight in 2007 and it’s the new proprietor’s ambition to return as quickly as potential.
He added: “Not solely can we are saying that no person is messing with Charlton anymore however Charlton can be going to be a power to be reckoned with.
“We’ve a plan to do every part we potential can with the primary group to get promoted this 12 months.
“I’m already placing the items in place so that we’ll be Premier League prepared as soon as the time comes. The infrastructure, the way in which we do issues, recruiting, the way in which we join the dots between the academy and first group, and many others. And develop the membership like another Premier League membership.
“We’re placing that in place now. So hopefully in 4, 5 or 6 years we’ll be able to get within the Premier League.
“It’s my purpose that we received’t be an elevator membership, we’ll be a membership that severely belongs within the Premier League.”