Sky Sports has recently reported that the EFL has “launched an investigation into potential misconduct with regards to the takeover of Charlton Athletic by East Street Investments”. Charlton Athletic-focused reporter Louis Mendez posted a tweet sharing this news, which has caught the attention of some Addicks supporters.
As reported by BBC Sport back in January, East Street Investments completed a takeover of the London-based club, thus “ending Roland Duchatelet’s spell as owner”. As per Sky Sports, Duchatelet claimed that “it was vital for the long-term health of Charlton Athletic that this deal was completed at the very start of the January transfer window.”
In their recent report, Sky Sports explained that East Street Investments paid an initial £1 to complete this takeover in January, “with an agreement to pay a further £50m this summer to purchase remaining assets”. However, the club’s new majority shareholder, Tahnoon Nimer, has still failed to “satisfy EFL requests for proof and source of funding”, leading to this investigation.
Many of the Addicks supporters who have been responding to Mendez’s post sharing this news appear to have been quite worried by this report, with one Charlton fan declaring that they are “doomed”. Read the reactions of some Addicks supporters to this news in the tweets below.
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Sky are reporting that the club have until Wednesday to respond to the EFL
Charlton Athletic takeover by East Street Investments under investigation by EFL https://t.co/hWrVcfQwjM via @SkySports #cafc
— Louis Mendez (@LouisMend) April 20, 2020
It’s all about to kick off!
— smaclennan (@Maccn5) April 20, 2020
Basically whatever happens we’re doomed…. the efl should investigate themselves for allowing this to happen!!
— emma harknett (@emmabernard1) April 20, 2020
Netflix must be regretting going with Sunderland for their TV series even more now! #Charltontilidie!
— John O’Sullivan (@CAFCJohn) April 20, 2020
Would you take Roland Duchatelet back at Charlton Athletic?YES, THIS SHOULD HAVE NEVER HAPPENED
NO, HE WAS A BAD OWNER
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But what can the efl do now?… Is it another case where the club will be punished for their shortcomings with the fit and proper tests?
— Ben Brian (@chefben91) April 20, 2020
So much for the fit and proper owners test what a joke why is it always us
— gerrard taylor (@gerrardtaylor1) April 20, 2020
Oh boy ?
— Dave Clark (@addick1965) April 20, 2020
I foresee a points deduction coming…
— Les Kirby (@LesKUK) April 20, 2020
What do we think?
If Charlton Athletic are punished due to this takeover breaching EFL regulations, it may be fair to say that it would be harsh on fans of the club who ultimately don’t have control over the owners and their actions.