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Tahnoon Nimer vows to invest in Charlton amid fears over staff wages

Rex Features
Rex Features

Charlton majority shareholder Tahnoon Nimer has vowed to invest money into the club this month amid fears there is no funding in place to pay staff wages.

Nimer’s East Street Investments group purchased Charlton in January but he is yet to provide proof to the EFL of the “source and sufficiency” of his funding.

Even before the coronavirus crisis, there were concerns over whether Charlton could be funding until the end of the season.

But Nimer, who insists he is not looking to sell the Championship club, said: “Investment will come in April.”

A statement from the club's board of directors Nimer, Claudiu Florica and Marian Mihail said: “We must begin by reiterating that our commitment is to Charlton Athletic. The club is not for sale and the majority shareholder, His Excellency Tahnoon Nimer, is not looking for a buyer.

"These are tough times for any professional football club and we are 100 percent focussed on seeing Charlton through this difficult period. This will require investment and the first instalment of that investment will come in April.

“The club has submitted documents for EFL approval to demonstrate the source and sufficiency of funds. The club has also submitted documentation for the new directors, Claudiu Florica and Marian Mihail, for the Owners’ and Directors’ Test.

"The EFL remain supportive and have informed us what remains outstanding. The club will remain in contact with the EFL with the aim of providing the necessary information as required by the League as soon as possible, so we can successfully conclude matters.

“We will get everything sorted and football will return but, until then, we wish all Charlton players, staff, fans and their families the very best in these trying times.

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