Charlton takeover: Three prospective new executives fail EFL’s owners’ and directors’ test
Charlton are the subject of a pending takeover by a consortium led by the businessman Paul Elliott
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The English Football League (EFL) has rejected three applications lodged by prospective new owners or directors of Charlton Athletic.
Charlton are the subject of a pending takeover by a consortium led by the businessman Paul Elliott, who is bidding to take charge after the fallout between previous owner Tahnoon Nimer and his chairman Matthew Southall.
It is unclear which individuals failed the EFL’s owners’ and directors’ test, and further applications are still being considered. The trio “were subject to a disqualifying condition” which meant their applications were not approved.
In a statement, the EFL said: “At its meeting earlier this week, the EFL board was asked to consider owners and directors test applications lodged by Charlton Athletic in respect of a number of different individuals.
“Following a full and comprehensive appraisal of all the relevant matters the board determined that three individuals were subject to a disqualifying condition and the EFL declined to approve their applications.
“Those individuals have 14 days to appeal the decision. The EFL continues to consider applications from other individuals under the [test].”
Charlton are currently considering legal action over Sheffield Wednesday’s recent points deduction which was deferred until next season, and meaning Wednesday stayed in the Championship while Charlton were relegated to League One.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments