Charlton plc shareholders have approved the sale of the club's training ground and other properties to three Addicks directors.

The sale of several of the company's freehold assets, apart from The Valley, to existing members of the board will lead to an injection of around £1.5m of working capital into the club.

"The three resolutions were all approved, so that was good,” said Mr Murray after Wednesday's shareholders meeting. "We explained the logic behind the decisions, and that Charlton won't suffer but will only benefit.”

Under the deal, Mr Murray and honorary life president Sir Maurice Hatter will purchase the Aries Sports Ground, used by the professional sections of the club, and the former Charlton Park rugby ground, at which the Charlton Community Trust has its all-weather facility, for a £1m sum.

A company connected to plc deputy chairman Robert Whitehand has also agreed to purchase the Pippenhall sports ground, where the club's youth academy is based, for £300,000.

Mr Murray added: "The three key points are that the assets are in friendly hands, it's a 25-year lease, and if the club wants the facilities back, it can buy them back.

"Of course, this needs to be explained to fans because if you just read it in black and white it might look like asset-stripping is going on, but that certainly isn't the case."

Two further residential sites in Lansdowne Mews, adjacent to The Valley, owned by Charlton plc, have been purchased by Whitehand for a combined £200,000.