SM
Southampton vs. Liverpool: 7 hrs 31 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 - 2020-09-25 14:38:10 :

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
1Wycombe WanderersWycombe19134243222143
2Birmingham CityBirmingham18133234161842
3Wrexham20125330131741
4Huddersfield TownHuddersfield19113530181236
5Stockport CountyStockport2096532211133
6Reading199463028231
7Barnsley208662926330
8Bolton WanderersBolton189362829-130
9Lincoln CityLincoln207762625128
10Blackpool197572931-226
11Mansfield TownMansfield187472222025
12Stevenage187471517-225
13Peterborough UnitedPeterborough197393735224
14Charlton AthleticCharlton196671819-124
15Exeter CityExeter197391721-424
16Wigan AthleticWigan196581716123
17Rotherham UnitedRotherham186571920-123
18Leyton Orient196491920-122
19Northampton TownNorthampton205692129-821
20Bristol Rovers1963101728-1121
21Crawley TownCrawley1954102032-1219
22Cambridge UnitedCambridge1945102031-1117
23Burton Albion1926111630-1412
24Shrewsbury TownShrewsbury1932141939-2011
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.



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