The EFL is reportedly investigating the takeover of Charlton Athletic by East Streets Investment, in the latest turn in the saga concerning the South London club's ownership. 

According to Sky Sports, majority shareholder Tahnoon Nimer is yet to satisfy the EFL's requests for proof and source of funding, despite the competition of the takeover back in January.

ESI agreed a deal to buy the club off Belgian businessman Roland Duchatelet back in November and it was announced in January that the £50 million-plus takeover was completed.

Sky Sports has reported that Nimer is now being investigated alongside former executive chairman Matt Southall and ex-director Jonathan Heller, with the EFL examining whether there has been any misconduct or breaches or regulation concerning the takeover.

It is understood that the EFL has requested all parties provide any relevant information regarding the takeover, particularly anything concerning the timeline, and has given them until Wednesday to respond.

The EFL told Sky Sports News: "The EFL has commenced formal investigations to ascertain whether breaches of EFL Regulations and/or other misconduct occurred in relation to the takeover of Charlton Athletic in January 2020."

It has been a hectic and tumultuous few months for the Addicks, who have had to contend with a very public boardroom dispute, a relegation battle, and the current delay to the Championship season.

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The Verdict

It appears the saga involving ESI and their takeover of the club is not done yet.

The early part of 2020 has been a very frustrating time for fans of the South London club, who must've felt they'd put their off-field issues behind them when the takeover was completed at the start of the year.

You feel there are a few more twists and turns left in this one yet. It looks very concerning for Charlton.