Charlton Athletic Women's Team are set to be bought by the Addicks owner Thomas Sandgaard, bringing the two clubs under the same ownership for the first time since 2007.

After more than a decade as separate organisations, Thomas Sandgaard and Stephen King say they have agreed the terms for the takeover of the team, subject to the requirements of the FA’s Women’s Super League and the FA Women’s Championship Competition Rules.

The Women's Team, who last year during the pandemic had to ask for donations, have an impressive history, becoming one of the leading teams in domestic women's football during the early 2000s, winning the FA Cup and League Cup.

The team currently play in the FA Women's Championship, and are still playing behind closed doors, facing Liverpool Women this coming Sunday.

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The Danish-American businessman was announced as the owner of Charlton Athletic in September 2020 after a long, drawn-out and dramatic process which saw the future of the club threatened.

Since then, Sandgaard said: "I have loved my first few months in charge of the club and people will have probably seen that I’ve been bitten by the Charlton bug.

"One of the first things I did when I was in London after the takeover was go and watch Charlton Athletic Women play and I knew then that I wanted to bring the two clubs back together.

"And I am looking forward to being able to complete the takeover of Charlton Athletic Women."

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Charlton's Women's Team controversially disbanded in 2007, but was kept afloat Charlton Athletic Community Trust and then by local businessman and Addicks fan Stephen King.

Mr King said he was "delighted" to be able to direct the team into such safe hands.

"The last ten years has been an exciting yet challenging time in charge with some great highs, including the promotion in 2018 and turning semi-professional.

"There have been very difficult periods, none more challenging than the current pandemic. Women’s football is growing at pace, and so are the demands on those running these clubs.

"I am pleased and relieved that Charlton Athletic Women have been able to come through it, and I am convinced the club now has a very positive future to look forward to under the stewardship of Mr Sandgaard.”

Sandgaard added: "Women’s football is one of the fastest growing sports in the world and you can see that a lot of the big clubs are investing in their women’s team.

"My long-term aim for Charlton is to reach the highest levels with both the men’s team and the women’s team, so I’m looking forward to getting started.”