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Evening Standard
Evening Standard
Sport
Dan Kilpatrick

Charlton left in limbo as owner Tahnoon Nimer waits on EFL feedback

Charlton's majority shareholder Tahnoon Nimer could sell the Championship club if he cannot prove funding to the EFL.

Nimer has so far failed to provide source and sufficiency of funding to the EFL, who are investigation the Addicks' takeover by his East Street Investments in January.

The Abu Dhabi-based businessman is awaiting feedback from the EFL after submitting funding documents on May 1, while he has said he will not inject money into the club while ousted former chairman Matt Southall remains on the ESI board, leaving Charlton in a state of limbo.

Director Marian Mihail told the supporters' trust this morning: "If there is a negative outcome on the source and sufficiency of funds, or indeed from the EFL investigation, it would likely come with sort of instructions from the EFL. At that stage Tahnoon would have to consider his options which may include selling the club, however, we don’t think it will come to that.

"We appreciate there has been speculation in the press about individuals purchasing the club, however, we are not aware of any interest of those that have been publicly named. A number of individuals have approached club representatives about purchasing Charlton. None of these offers were deemed in the best interests of the club, so they have been rejected."

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