Charlton Atheltic's owners are considering selling the club to a Dubai investor group, the same group interested in buying Newcastle, the club have confirmed.

Zabeel Investements have laid down a good offer, which the Addicks' board have been advised to accept, according to a club statement released on Friday.

The statement read: "The board of Charlton Athletic plc announces that it has received an indicative cash offer from Zabeel Investments, a Dubai-based diversified investment company.

"The indicative offer is subject to a number of (waivable) preconditions, including due diligence, however, it is at a level at which, should the offer be made formally to shareholders, the board would recommend shareholders to accept it.

"There is, however, no certainty that a formal offer will be made nor as to the terms of any offer.

"Zabeel Investments had been looking at the opportunity to invest in a leading English football club and had been monitoring the situation at Charlton Athletic Football Club closely.

"In spite of being approached by various English football clubs as well as a number of well-known clubs in Europe and South America, Zabeel Investments believes Charlton is the right club for them."