Charlton Athletic owner Thomas Sandgaard has rejected an improved takeover bid from former Sunderland director Charlie Methven.
That is according to The Athletic, who report the Anglo-American group led by Methven's latest offer is below Sandgaard's valuation for the club.
The group are known as SE7 Partners Limited and had previously agreed to buy a 90% stake in the Addicks in December before that deal fell through in February.