SM
Barcelona vs. PSG: 7 hrs 10 mins
Upcoming predictions and previews

Danish-American businessman Thomas Sandgaard becomes new Charlton Athletic owner

:Headline: Danish-American businessman Thomas Sandgaard becomes new Charlton Athletic owner: ID:415889: from db_amp
An injunction taken out by Paul Elliott to block the sale of ESI has been granted and a court case is set to take place later this year.

Danish-American businessman Thomas Sandgaard has announced he is the new owner of Charlton after acquiring 100 per cent of the Sky Bet League One club from East Street Investments (ESI).

An injunction taken out by Paul Elliott to block the sale of ESI has been granted and a court case is set to take place later this year to determine the Manchester-based businessman's claim on the Addicks.

However, Sandgaard, who has passed the English Football League's owners' and directors' test, alleges the order does not impinge on the purchase of the club.

Elliott took control of ESI from Tahnoon Nimer in June, but the EFL did not approve the applications of three directors.

The EFL said in a statement on its website: "The EFL notes the announcement made by Charlton Athletic in respect of a change (of) control having taken place at the club.

"The matter of the sale of Charlton Athletic (or any club) is a matter for the interested parties, with the EFL's role in this process to solely consider the applications made to it under EFL regulations.

"The League is not party to the ongoing court proceedings taking place and therefore it remains a matter for the respective parties to resolve and as a result we are not in a position to comment."

Sandgaard, who was in attendance as Charlton lost to Doncaster in their first home game of the season last weekend, says he has already handed over funding to guarantee the club's survival.

He said on the club's official website: "While there was an injunction in place to prevent the acquisition of ESI, it did not prevent the acquisition of the club itself and so I am thrilled to announce that I have acquired the club from ESI.

"With the club about to run out of funds this month, it was important that I moved quickly to complete the acquisition and put funds in to the club to ensure its survival.

"The club will also be working quickly post-completion to recover any losses suffered as a result of the actions of the previous owners to the extent possible."

amp_article__415889 : Database Data restored...  : 
last updated article - 2020-09-25 14:38:10:
html db last update - 2021-03-02 11:56:50 :

ex - 7200 : read : read cache amp html

Click here for more stories about Charlton Athletic

Share this article now:
Read more about Charlton Athletic Football
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Portsmouth432613472373591
2Derby CountyDerby442681075373886
3Bolton WanderersBolton432410979463382
4Peterborough UnitedPeterborough422381180552577
5Barnsley4321121077572075
6Oxford UnitedOxford Utd4321101276532373
7Blackpool4420101460431770
8Lincoln CityLincoln4318141162372568
9Stevenage4418131354441067
10Leyton Orient441711165053-362
11Northampton TownNorthampton44178195563-859
12Exeter CityExeter441610184358-1558
13Wigan AthleticWigan441810165955456
14Wycombe WanderersWycombe421413155352155
15Bristol Rovers43159195164-1354
16Charlton AthleticCharlton441119146363052
17Reading441511186365-250
18Cambridge UnitedCambridge421210203858-2046
19Shrewsbury TownShrewsbury43137233161-3046
20Burton Albion431110223560-2543
21Port Vale431010234070-3040
22Cheltenham TownCheltenham42108243560-2538
23Fleetwood TownFleetwood43813224468-2437
RCarlisle UnitedCarlisle4479284076-3630
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .