On 3 December the Addicks confirmed that lifelong fan Murray had accepted a legallybindingoffer for the acquisition of Baton 2010, Charlton Athletic Football Company Limited and Charlton Athletic Holdings Limited from an investor group represented by Varney.
This is because an offer is not legallybinding until contracts have been exchanged, usually about two months after an offer has been accepted (except in Scotland, where a verbal agreement commits both sides).