23 October 2020,
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Charlton fans have been here before, more times than they care to remember. Optimism and Adaptability Keep Jerusalem’s Tourism Afloat as COVID-19 Continues to… No final decision has been received, but we are confident we will both pass the test.”. There is a potential new buyer waiting in the wings in the form of Danish-American entrepreneur Thomas Sandgaard, though Elliott has sought a court injunction in an attempt to prevent him completing the sale. Watch highlights from Tuesday night's Carabao Cup second round matches here... Wigan charged by FA after Charlton defeat, EFL Podcast: Teenage stars and Paul Warne's shed, Rampant Royals, Rampaging Robins & Done Deals. A separate article looks in slightly more detail at this. Absolutely INCREDIBLE news that @SandgaardThomas has done it & @CAFCofficial is back in safe hands, remaining at the heart of our community in @Royal_Greenwich - incredible. In a protest not many will see, i understands that the Charlton museum has been emptied out so that, in a disaster scenario, the contents can’t be sold off. In the meantime, the agreement is for Charlton to pay their former owner £200k every year to play at The Valley. The takeover of Charlton Athletic is being investigated by the EFL On Monday, Sky Sports News broke the news that the EFL had launched an investigation into potential misconduct with regards to … For this reason, we can’t talk publicly on this other than to say that no other legal proceedings have taken place at the time of writing [on April 17] – no case has been filed and no additional letter has been received by the club.”. It's true! The home of Charlton Athletic on BBC Sport online. Conversations with the EFL are ongoing and the EFL remain supportive and have informed us what remains outstanding. The Charlton community is one-of-a-kind. Football League. They left around £7m in the club following relegation from the Premier League to make sure it did not go bust, on the charge that should Charlton win promotion back to the top flight, they would get their money. Away from the EFL investigation, the takeover is also under threat by an ongoing legal action by a group of former directors. “But anyone who can afford [it] will find what they can to show what the club means to them.” While CAST are still waiting for the outcome of Sangaard’s attempt to buy the club, they are ready to call in pledges and start collecting donations. sponsors, player sales, ticketing) to stablise and grow the club.”, He also gave an update on Southall and Heller’s involvement at Charlton, saying: “Matt Southall continues to be on the ESI board as a B director as is his right as a B shareholder. That stable funding in any club comes from the owner but it is also important the club can generate revenue too. In his statement to fans, Sandgaard said: "Today is the day. Hollywood Left Divided Over Who Won the Final…, Luis Arce Wins Bolivian Presidential Election With 55% of Votes After…, “They’re all Americans”: What Biden gets about the pandemic that Trump…, Donald Trump’s issue with windmills might not be about birds, Trump clarifies he’s not literally Abraham Lincoln at the debate, Kristen Welker is moderating the final presidential debate. An injunction taken out by Paul Elliott to block the sale of ESI. If the club’s financial wealth is linked only to its owner, then that isn’t healthy for the football club. On Monday, Sky Sports News broke the news that the EFL had launched an investigation into potential misconduct with regards to the takeover of Charlton by East Street Investments, throwing the club’s ownership into further doubt. Can the EFL survive without fans? The 2018/19 accounts for Charlton Athletic Football Company Ltd were published on the club website this week showing that the club lost another £10m last season. Includes the latest news stories, results, fixtures, video and audio. As the chant goes, they want their club back. CAST was formally launched on 5 December 2012 – the 20th anniversary of the club’s return to The Valley after the exile years. Charlton Athletic Women 2 Coventry United 3 Charlton Athletic Women - Official Site 16:28 18-Oct-20. Richard Cawley has spoken to our new owner and reports as follows: "Sandgaard  says he wanted fans to know before anybody else that he had completed his acquisition of the football club", "Sandgaard has confirmed that he has passed the EFL's OADT and that he expects official confirmation that the transfer embargo has gone - adding that it kind of has already", "Sandgaard's deal has seen him increase the lease on The Valley and training ground to 15 years. Fri Apr 10 2020. Says costs on that side have risen as part of the deal with Duchatelet. Follow the latest Charlton Athletic news with Sky Sports - includes breaking stories, transfer news, video highlights, latest results, rumours and player interviews. If there is anything short-cut in the club we are going to support it. Once described to me as “mild-mannered train spotters” by a long-time supporter, they have been forced to moonlight as insurgent protestors in recent years. But the biggest battle to date in what has become a bitter civil war for control of the club took place last month. With the club’s very existence under threat, not even a pandemic is going to keep Charlton fans at home. On April 17, club director Mihail answered questions provided by the CAST and gave an update on when potential funds could be put into the club. The Charlton community is one-of-a-kind. "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. At the moment we are heading for the fridge..... © 2020 CAS Trust - The Charlton Athletic Supporters' Trust ", "I have always had two passions - rock music and football. Charlton Athletic takeover mess explained and how fans are rallying support with #SaveCAFC hashtag. The Sky Sports EFL Podcast looks at the latest surrounding fans returning, assesses all the latest news and hears from Cardiff's Sean Morrison in Ten To Tackle. Speaking on the club's official website, he said: "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. I must reiterate neither are involved at the club or in the decision making.”. The consortium paid Duchatelet £1 to buy the club in January, with an agreement to pay a further £50m within the next five years to purchase remaining assets including the stadium and training ground. Our new owner has also issued a press release through his website Sandgaard Capital which includes the following: “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. Charlton Athletic have confirmed that Sandgaard has completed his acquisition after a long and draw-out saga, whilst the new owner himself declared in … Charlton Athletic Women 2 Coventry United 3 Charlton Athletic Women - Official Site 16:28 18-Oct-20. Charlton Athletic: What is happening with the recent takeover? Rights to the materials belong to their owners. Jake Forster-Caskey's first goal in almost three years earned Charlton a hard-fought 1-0 League One win over Wigan at The Valley. Each party responded to the deadline in time for it to be discussed at this week’s EFL board meeting. READ MORE: Charlton Athletic fans occupy the Valley in protest over ownership. 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. This is one of our plans we are going to do.”. Southall had been a visible presence around the club, interacting with fans on matchdays and on social media, but there was a civil war brewing and the much-needed stability at Charlton was about to come crashing down. “If the Sandgaard bid doesn’t work out, that could be it.” CAST have attempted to organise a meeting with the EFL, but have not received a response thus far. Home; World. He said: “The board’s immediate focus is getting the club through these unprecedented times. It’s testament to the seriousness of the situation that supporters have felt the need to hide historic silverware for safekeeping, including the club’s 1947 FA Cup winners’ medals. Southall maintains that process was unlawful and he remains executive chairman of Charlton Athletic. Fans are wearing facemasks emblazoned with the Charlton badge, there are hand gel stations at the back of the crowd and, where possible, protestors practise physical distancing. – weekly update. A Gannett Company. Bought by Belgian businessman Roland Duchatelet in 2014, his scattergun policy of sacking of managers – including Charlton icon Chris Powell – bizarre appointments, unpopular transfer policy and cold arrogance towards supporters caused bitter resentment. Just a couple of things. 1 NEWS DAY GET THE LATEST INTERNATIONAL AND POLITICAL NEWS. Charlton Athletic fans protest outside the Valley on Saturday (Photo: Will Magee) Charlton fans have been here before, more times than they care to remember. So our focus will be using the funds injected by the ownership and the funds that come into the club (e.g. They said: As our members and the wider Charlton community will be aware, the mission of the Charlton Athletic Supporters` Trust is to protect, preserve and promote Charlton Athletic for present and future generations. Fans, your support made this possible. SIGN UP TO OUR NEWSLETTER FOR REGULAR UPDATES, tps://www.sandgaardcapital.com/charltonacquisition. These adverts enable local businesses to get in front of their target audience – the local community. I will not let you down. Time, TV schedule to watch Dodgers vs. Rays Game 4, Kiermaier ‘surprised … upset’ at Gold Glove snub, Golden Knights owner Bill Foley hints at all-Canadian division, accelerated season, NHL Free Agency 2020 winners, losers: Canadiens, Flames fill holes; Rangers fans cry, Arsenal star Thomas Partey’s two-word message ahead of Leicester Premier League clash, Buyout giant lines up ex-BBC chief for £300m Football League bid, Leeds donate £25,000 to Marcus Rashford's free school meals campaign, Tampa Bay Buccaneers, WR Antonio Brown agree to one-year deal, Barcelona vs Real Madrid – El Clasico: Live scores and updates. Nimer has still yet to satisfy EFL requests for proof and source of funds, despite repeated requests from the EFL’s legal department throughout January and February.

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