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Significant twist emerges in Charlton Athletic’s ownership dispute

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Charlton Athletic’s ownership dispute could be about to take another twist with a possible legal challenge on the deal between East Street Investments and Roland Duchatelet, according to South London Press.

ESI negotiated a deal with Duchatelet which saw the ownership group take control of the south London outfit, but the Addicks’ stadium and Sparrows Lane training ground still remains under the Belgian’s command despite his departure from the club.

Charlton’s new owners have reportedly claimed they had an obligation to acquire the club’s remaining assets within six months, but Duchatelet then decided to put a charge over the lease and “other fixtures and fittings” according to latest reports.

It is now reported some of Charlton’s former directors are appealing ESI’s takeover is voided as they did not agree to the sale, while the terms of their charges have been breached with them having once been owed £7million if Charlton seal top-flight promotion.

The potential success of the Addicks’ former directors’ appeal could then see Duchatelet re-installed at the club, with the Belgian once again becoming responsible for the running of Charlton if ESI’s takeover attempt does indeed fall through.

ESI completed their purchase of the south London outfit in January, but cracks have recently emerged in the relationship between chairman Matt Southall and majority shareholder Tahnoon Nimer, with Nimer now seeking the removal of Southall from the board.

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The Verdict

The situation at Charlton is becoming unclearer by the day with fans now surely not knowing which party to believe, but the one certain thing is that Addicks supporters will not want to see Duchatelet re-installed as owner of their club.

This latest development indicates that this could now be a possibility, with it remaining uncertain whether Nimer will see his takeover of the club rubber stamped despite the fact it appeared to have been resolved back in January.

It appears as though this situation could now get even messier before it starts getting better for Charlton, but supporters will now simply want to see the ownership battle resolved sooner rather than later in order to safeguard the club’s future.


ScoopDragon Football News Network

Article title: Significant twist emerges in Charlton Athletic’s ownership dispute

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