CLO Gx Cloudcomp

RNS Number:4663V
Charlton Athletic PLC
12 December 2005

Charlton Athletic plc (the "Company")



12 December 2005



The Company announces that on Sunday 11 December 2005 it signed a
four-and-a-half year sponsorship agreement with Spanish property company Llanera
SL, from Valencia.



The sponsorship agreement is the biggest in the Company's history and is worth
at least #6.6m, which could increase thanks to a progressive bonus structure
based upon club success. There is also an option to extend the contract to 2013.



The Company's previous sponsors, all:sports, went into administration in
September 2005. The agreement with all:sports was scheduled to end in June 2006.



Charlton Athletic plc chairman Richard Murray said: "This is a fantastic deal
for the club, not only in financial terms but also because there is such a close
synergy between the aspirations of our football club and those of Llanera.



The remarkable reconstruction process of our football club in recent years has
been built on our commitment to and involvement with the communities from which
we draw our support. Llanera have the same strong sense of community commitment
and I am sure this is going to be a partnership which will be of enormous
benefit to both parties."



For further information, contact details are:



Charlton Athletic plc

Richard Murray, Chairman                   0208 333 4000

Nigel Capelin, Deputy Chief Executive      020 8332 4002




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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