What a crazy day it has been at Charlton, we have seen accusations from both Chairman Matt Southall and majority shareholder His Excellency Tahnoon Nimer as it looks as though Matt Southall has used the clubs and Tahnoon’s money to buy cars and other things among that.
Can you name every league position Charlton has finished within the last 20 years? I bet you can’t but feel free to prove me wrong!
The statement from The EFL confirmed a “restriction embargo” on Charlton after ESI had not confirmed the proof of funds, so one begs the question of how did The EFL let this happen?
Hopefully, once the proof of funds are provided the embargo will be lifted and we can carry on as normal, but this stuff needs to get done as soon as possible.
Anyway here’s the statement provided by The EFL
The EFL notes the concerning developments, including a number of unhelpful media comments, emanating from Charlton Athletic over the past 24 hours.
The League has been working closely with the relevant parties since an initial application for a change of control was made.
The relevant parties were notified in January that they were eligible under the provisions of the Owners’ and Directors’ Test in accordance with EFL Regulations.
In parallel, the EFL had also made clear the requirements in respect to the source and sufficiency of funding necessary to fund the Club until June 2021. Those matters remain outstanding.
As a result of not receiving the required information the Club was placed under a registration embargo and that position remains as the EFL seeks assurances that the necessary funds are available and for that funding to be placed in the Club.
The EFL’s position has been reserved and it is considering with its external advisors what further action should be taken under its Regulations. The EFL will make no further comment at this time.
It really is a complete mess over at Charlton at the moment and it’s a terrible situation for any club to be in, but I’m sure whatever happens we will come out on top like we always do, our fans are what keep this club together and no matter what happens Charlton will live on, however we need to wait and see what happens over the next few days with Southall and Nimer, but it is worrying times right now for Addicks fans.
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