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07 Oct 2007 Bargain of the Week BBC BBC - match commentary
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Addicks aware of Llanera debt

Charlton have reacted to press speculation on Wednesday surrounding club sponsors Llanera.

Llanera

A story in The Sun newspaper suggested the Spanish property firm have serious financial problems, which could result in Charlton losing millions of pounds.

Chief executive Peter Varney said: "We are aware that Llanera currently have financial difficulties and are working very closely with them.

"I must stress that it has not impacted upon us at all financially at present and we remain hopeful they will be able to resolve their current difficulties in consultation with their bank."

Llanera signed a four-and-a-half year £6.6m deal with the Addicks in December 2005, and The Sun has suggested that they are currently attempting to restructure a debt of £210m.


 

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