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Charlton figure delivers update as club looks to lift embargo

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Quoted by the official Charlton website, Marian Mihail has addressed fan questions via the Charlton Athletic Supporters’ Trust as fans took their opportunity to try and get some insight into the current running of the club.

The Addicks have found a way to make the recent situation even more dramatic than it needed to be, with a boardroom tussle combining with a global pandemic to give fans a fairly-sized headache.

Even so, it looks as though one party has won out in the boardroom battle and now fans will look for HE Tahnoon Nimer and his colleagues to get the club in decent shape.

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One thing that will need to be sorted in that process, then, is getting the embargo lifted from the EFL on player registrations.

And, naturally, Mihail was asked about exactly that point, to which he offered this insight:

“The current board of directors has only been working on getting the embargo lifted since just before Claudiu and myself were appointed to the Board of Directors last month, so the process on the lifting of the transfer embargo is not as far along as we would like.

“The club has submitted documents for EFL approval to demonstrate the source and sufficiency of funds. Conversations with the EFL are ongoing and the EFL remain supportive and have informed us what remains outstanding.

“The club has also submitted documentation for Claudiu and I as the new directors, for the Owners’ and Directors’ Test. No final decision has been received, but we are confident we will both pass the test.”

The Verdict

At least he is honest that there is still a bit of a way to go in getting the embargo lifted, and fans will at least appreciate that.

It seems as though those in the boardroom at the club currently are looking to get the relevant paperwork done and dusted for the EFL to approve a lifting and, though it will be a long process, the wheels appear to be in motion.

Fans will be tentative in believing the noise that is coming out of the club at the moment, but here at least there appears an answer to underline where they are currently.


ScoopDragon Football News Network

Article title: Charlton figure delivers update as club looks to lift embargo

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