Statement regarding ongoing club takeover

Takeover

Please see below a statement from current Charlton owner Roland Duchatelet.

The club first notified the EFL of the potential takeover of the club by East Street Investments (ESI) on November 20th. The club started to submit documents to the EFL on November 27th. Since then both parties have been in contact with the EFL providing the information requested.

Despite several requests from the club, the EFL have not provided a timeline for their decision.

Part of the plan for ESI is to strengthen the team in January, using these weeks in December to put the building blocks in place for that, so any delay is impacting the future of the club. 

This period of uncertainty also has an impact on the fans, who want the club to be taken over, and on Charlton’s hard-working staff. 

We appreciate that the EFL need to do a thorough investigation into any new owners but it has now been a month since the initial conversations and 23 days since the current ownership began submitting documents.

The process is taking longer than we expected and we would like to urge the EFL to complete the decision-making procedure.

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