The EFL have rejected the demands of Charlton Athletic owner Roland Duchatelet for the governing body take control of the League One side.
The Addicks’ controversial figure wanted the offload the club to the overseers of the three-division system for a nominal fee of £1.
Duchatelet would relinquish control of the club but maintain the ownership of the club’s stadium, as well as their training ground.
Charlton’s supporters had already rejected their owners plan to offload the club to the EFL before the institution themselves came out to veto any such demand.
The London club has been on the market for sale since late 2017, and despite interest, there is yet to be any deal in place for the sale of the League One outfit.
The Addicks are currently fifth in the third tier and hoping to make a return to the Championship after three seasons away.
And they will be doing so without being controlled by the EFL after Duchatelet’s demands were dismissed.
In a statement from the EFL, issued to Football.London, a spokesperson said: “As a competition organiser, the EFL regulates against dual interests and, having assessed the suggestion to take control of Charlton Athletic put forward by the Club’s owner Roland Duchatelet.
“The EFL Board has concluded that such an arrangement would raise a significant conflict of interest and as such is not one that could be considered.
“The EFL will be speaking to Mr Duchatelet with regard to the ownership of Charlton Athletic and will continue to offer any support it can in assisting with his aim of finding a suitable new owner for the Club.
“In the meantime, the ongoing EFL review continues and is expected to reach a conclusion before the end of the season.”
Duchatelet never really thought this was an option, surely?
As if the EFL would gain ownership of a club just before someone told them to or demanded it happen.
It has been some reign for the Belgian at Charlton, and most of it has been bad – but this idea was a non-starter, and he got the answer everyone knew he was going to get.
He wants shot of the club, and the fans want him as far away from the Valley as possible but right now a sale is at a stalemate, but one thing is for sure, they won’t be sold to the EFL.