Friday, 24 April 2020

The mirage of a cash injection

Charlton director Mirian Mihail has responded to questions put by Charlton fans via CAS Trust: Supporter questions

Whilst the answers are not necessarily very illuminating, the following answer suggests that the cash injection from Nimer is looking more like a mirage: 'Tahnoon Nimer does not want to put substantial funds into the club at this stage. However, he has pledged some financial relief to the club by the end of the month. The initial pledge was of a cash injection, but with the investigation putting in question the entire ownership of the club, I do not know if these funds will turn into a loan.'

It is clear from the answers that there is considerable uncertainty and complexity surrounding relations with the EFL.

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