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“We have begun the process” – Sandgaard starts the heavily criticised OADT

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The EFL’s Owners and Directors Test has been heavily criticised in recent years after many complicated owners ran their football clubs into the ground, take Bury and Bolton as an example they are two huge reasons why the test needs to be reviewed, however Thomas Sandgaard is currently taking that test as he aims to secure a deal for Charlton by the end of the week.

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Charlton had recent ‘success’ with the OADT as Paul Elliott and Chris Farnell failed the test ensuring that they won’t be able to touch any football club in England which was met with some praise to the EFL for finally doing the right thing.

Now we are in a position where this potential takeover headed by Zynex CEO Thomas Sandgaard, which seems extremely promising to Charlton fans, could be just around the corner.

Thomas Sandgaard spoke to Ben Ransom from Sky Sports about the OADT and here is what he had to say

“My attorneys have begun the process (of passing the owners’ test) on my behalf and that won’t delay the process.”

“It might be realistic, that we can have an agreement in place in principle this week.

“That’s what I am hoping.

“Maybe we should expect a few minor surprises right before the finish line so (the whole deal may take) a few more weeks but I hope we have an understanding this week.”

Do you think Thomas Sandgaard will complete a deal by the end of the week?

Yes

No

It looks like the hopes are high for Sandgaard as he is looking for the deal to be wrapped up by the end of the week and all of us Charlton are looking forward to this nightmare ending on the highest note it possibly can, with a new owner and a new vision for the club that will blast us to success!

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1 comment

  • Sussexmick says:

    I had to vote that I don’t think it will go through this week, though I sincerely hope that it does.
    Unlike the other idiots preying on our club, he does sound like someone who has a genuine interest. I would not imagine he would be progressing and going public if it would adversely affect his business standing.
    I have everything crossed it does go through be it this week or next- LB, JJ & Co really need to know where we are at on day 1 of the new season.

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