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Charlton takeover: Three prospective new executives fail EFL’s owners’ and directors’ test

Lawrence Ostlere
The Valley has been an unhappy place at times in recent years: Getty
The Valley has been an unhappy place at times in recent years: Getty

The English Football League (EFL) has rejected three applications lodged by prospective new owners or directors of Charlton Athletic.

Charlton are the subject of a pending takeover by a consortium led by the businessman Paul Elliott, who is bidding to take charge after the fallout between previous owner Tahnoon Nimer and his chairman Matthew Southall.

It is unclear which individuals failed the EFL’s owners’ and directors’ test, and further applications are still being considered. The trio “were subject to a disqualifying condition” which meant their applications were not approved.

In a statement, the EFL said: “At its meeting earlier this week, the EFL board was asked to consider owners and directors test applications lodged by Charlton Athletic in respect of a number of different individuals.

“Following a full and comprehensive appraisal of all the relevant matters the board determined that three individuals were subject to a disqualifying condition and the EFL declined to approve their applications.

“Those individuals have 14 days to appeal the decision. The EFL continues to consider applications from other individuals under the [test].”

Charlton are currently considering legal action over Sheffield Wednesday’s recent points deduction which was deferred until next season, and meaning Wednesday stayed in the Championship while Charlton were relegated to League One.