Sale of Championship side Charlton agreed
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Sale of Championship side Charlton agreed

East Street Investments have agreed the purchase of Championship side Charlton Atheltic. 

Roland Duchatelet’s controversial reign as the owner of Charlton Athletic has come to an end after selling the club to a consortium. East Street Investments’ majority shareholder is Tahnoon Nimer, an Abu Dhabi-based businessman. 

"We are privileged to take ownership of such an historic club and it is incredibly exciting to be part of the process of building a fresh future for the fans, loyal club staff and players of Charlton Athletic," a statement from the club read. 

"While we may be the club owners, truly we are only the custodians. The true spirit of this football club rests with the fans, it is nothing without them. Their support throughout some difficult times both recently and in the past has been inspirational and we intend to build on that loyalty. Our priority will be immediate contact with fan groups in order that their views play a major role in the club going forward.

"We believe the football side of the club is in excellent hands with Lee Bowyer and what he and the players have achieved following promotion has been outstanding. We will do everything possible to support Lee’s vision and ambitions.

"We would like to thank Roland Duchatelet, his team and the directors for helping to facilitate a quick and smooth sale. They leave the club with solid foundations on which we can invest and build.

"Any deal of this kind is subject to the approval of the EFL and we are now working closely with them on the final details to satisfy their Owners’ and Directors’ Test. Until that has been received, we will be making no further comment.

"But please be assured we intend to do everything within our power to bring back a true sense of pride to Charlton Athletic Football Club which is the least the fans, future generations of supporters and the community deserve."