Charlton takeover in chaos after public disagreement between new owners

10 March 2020 12:30
Executive chairman: ‘Not a single penny’ has been investedEFL says January takeover has not yet been approved by leagueThe takeover of Charlton Athletic, which was announced with great optimism in January after years of supporters’ protests against the previous owner Roland Duchâtelet, has descended into chaos with the main promised investor announcing he has now pulled out, and a furious public disagreement between the new owners.Tahnoon Nimer, a business administrator based in Abu Dhabi, was announced in January as the takeover’s principal financier and main shareholder in the company vehicle, East Street Investments, alongside Matt Southall, a former football agent, and Jonathan Heller, a consultant. Yet despite having announced the takeover on 2 January and promised “resources to the football side in order to bring in new players”, the takeover has still not been approved by the EFL, and no new players were signed on permanent contracts in January. Related: How Charlton fans united and ousted the club's unfit owner Continue full article

Source: TheGuardian