Duchatelet has notoriously been difficult to deal with, but Sandgaard had positive talks with the Belgian’s representative Lieven De Turck this week and is optimistic a deal can be struck. Danish-American businessman Thomas Sandgaard hopes to be the new owner of Charlton Athletic before the start of the 2020/21 season. Wealthy Danish businessman Thomas Sandgaard wants to secure at least a 10-year rental deal for The Valley as part his proposed takeover of Charlton. What next for the Championship, L1 and L2? Sandgaard says he has negotiated a 15-year lease on The Valley and the club's training ground, with the English Football League confirming he has passed their Owners’ and Directors’ Test. Are you sure you want to mark this comment as inappropriate? We triumphed and we made it to this point because of you. Southall is understood to have a salary of approximately £200,000 as the full-time Charlton executive chairman, and to have been provided with the use of a two bedroom apartment in central London, as he lives in the Manchester area. Charlton Athletic Thomas Sandgaard sends message to Charlton Athletic fans after takeover is confirmed by EFL Danish-American businessman Thomas Sandgaard has completed a takeover of Charlton Athletic after a successful conclusion of the EFL's Owners and Directors' test. "I can only do things I feel is right for myself, I am not going to jump in with both feet and hope for the best. When I was out there a couple of weeks ago, I saw it was like the training grounds for Arsenal and Tottenham level. Championship players given coronavirus self-test option, We would like your feedback, please fill in our survey. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on WhatsApp (Opens in new window), Download the talkSPORT app NOW – the best way to listen live, three individuals from ESI failed the English Football League’s directors’ and owners’ test. Tue 10 Mar 2020 08.30 EDT Yet despite having announced the takeover on 2 January and promised “resources to the football side in order to bring in new players”, the takeover has still not been approved by the EFL, and no new players were signed on permanent contracts in January. Sandgaard has made it clear he wants to bring stability to Charlton and, if he cannot buy The Valley, wants a rental agreement with Duchatelet of between 10 and 20 years. Super 6 is back. “There’s the women’s team and whole community support, which is very dear to me, and I do quite a bit of that here in the United States. Charlton director Marian Mihail tweeted on Tuesday night: “I hope the club, Valley and Sparrows Lane will one day get back under the same owner too, but maybe 2020 is not the year for that. he said. Charlton's ownership saga continues (Getty) An American-Danish businessman, Thomas Sandgaard, claims to have completed a takeover of Charlton Athletic which … “I’m so determined to buy the club, even if there’s an arrangement over a 10 or 20 year period that makes it possible to play football at The Valley that’s how we are going to do it.”. I am humbled by your support and honoured to officially become part of the Charlton family. Jenkins says "three or four" parties interested in Charlton takeover including former Watford owner Laurence Bassini. Your teams. After the fallout between Nimer and Southall, the EFL issued a statement confirming it has still not been satisfied about the owners’ source of funding and their ability to financially support the club until June next year, as the league’s regulations require for approval of a takeover. Previously an agent, Southall had started up a number of companies involved in different football-related ventures, before working on the takeover with Nimer and Heller last year. "We did the impossible. Signing off as “proud owner of CAFC”, Sandgaard wrote a letter to Charlton fans on social media. Pickford avoids disciplinary action for Van Dijk challenge, Ref Watch: 'Human error' to blame for no Pickford red, 'I promised Barkley England place at Euro 2020', Police probe offensive tweets aimed at Everton duo, Tuchel: Cavani still one of best strikers in world, Jose: West Ham lucky, Moyes found 'new Fellaini', 'Angry' Rooney tests negative but will miss Derby games, Ritson judge O'Connor to explain 'phone' criticism, Pep defends Aguero over Massey-Ellis incident, Former Watford owner Laurence Bassini has decided to go ahead with his bid to buy Charlton Athletic, Charlton have endured a troubled ownership this season, The Addicks risk being relegated back to League One after one season in the Championship, Bassini wants Charlton takeover, Bolton also an option, Bowyer: Charlton relegation on PPG would be scandalous. Are you sure you want to delete this comment? Charlton were relegated to League One on the final day of the 2019/20 season but Sandgaard believes the infrastructure is in place for the club to be successful. The statement read: “As a result of not receiving the required information the club was placed under a registration [transfer] embargo and that position remains as the EFL seeks assurances that the necessary funds are available and for that funding to be placed in the club. In June Eliott was said to have bought the East Street Investment company [ESI] — which Tahnoon Nimer and former business partner Matt Southall had used to purchase Charlton — but he then failed the EFL’s Owners’ and Directors’ test. Last week, Elliott was granted an injunction to block the sale of the club by Nimer until a court case to determine his claim could be held. “There is also the academy, I’ve been very impressed with how that is run. "Personally, I need more time to be clear and just move forward cautiously to make sure things are right for myself. However, a 48-hour period for him to complete the deal has expired, opening the door to other interested parties. Nimer’s biography states that having obtained “several degrees in business administration and communication in the US as well as graduating from universities of several other countries,” Nimer oversees the running of “circa 60 companies” in the private office and has “fostered strategic alliances” with companies involved in the region’s economic development.
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