The English Football League board have rejected Charlton owner Roland Duchatelet’s request for the league acquire the club.
The Belgian owner has officially been looking for a buyer of the club since 2017, and recently called upon the football league to take control of the club.
Under Duchatelet’s proposal, he would’ve retained ownership of the training ground and The Valley stadium.
The offer was met with ridicule from Addicks fans at a February fans forum, but Duchatelet pushed through with the request, which has now been rejected.
The full EFL statement reads:
"As a competition organiser, the EFL regulates against dual interests and, having assessed the suggestion to take control of Charlton Athletic put forward by the Club’s owner Roland Duchatalet, the EFL Board has concluded that that such an arrangement would raise a significant conflict of interest and as such is not one that could be considered.
"The EFL will be speaking to Mr Duchatalet with regard to the ownership of Charlton Athletic and will continue to offer any support it can in assisting with his aim of finding a suitable new owner for the Club.
"In meantime, the ongoing EFL review continues and is expected to reach a conclusion before the end of the season."
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