Statement | 12/03/2020

PA-51190944

In line with the EFL's statement earlier this week, the Club had no intention of making any further public comment.

However, given the high level of interest in the media, we feel it only right for Charlton's staff, players and supporters to be made aware of the club's position in a clear and concise manner.

The Club wish to make it clear that Matt Southall has their full support in his role as Executive Chairman and are looking forward to working with him into the future towards a positive end to this current season and beyond.

All the public allegations levelled at Mr Southall by either Mr Nimer or his advisors are denied in their entirety and Mr Southall retains the full backing of the club and its Board.

Mr Tahnoon Nimer, in his capacity as majority shareholder of ESI, has made various funding guarantees to the Club but as of yet the EFL remain unsatisfied regarding the source and sufficiency of any funds proffered.

The Club is grateful for the EFL’s statement of March 10 clarifying this position and would like it made clear that, as a result of Mr Nimer’s failure to provide the information sought by the EFL, the club was subject to a transfer embargo during the January window.

If the information the EFL require is not forthcoming the Club is at risk of further sanction by the EFL and it is taking advice in this regard. 

In the meantime, and until further notice, no statements made by either Mr Nimer or his advisors should be understood to represent the Club’s position.

The Board are hopeful that this matter is resolved soon to allow all parties to concentrate on the remainder of the 2019-2020 season.

Share this News