Charlton takeover collapses

Tahnoon Nimer from Abu Dhabi has withdrawn his purchase of Charlton Athletic. The South-East London club may now go into administration and its future looks uncertain.

Nimer has said that he discovered that the club's resources had been exploited in a wrong and immoral manner. 'I wish you all the best,' he told Charlton fans.

A statement from the club had been anticipated, but its website is now undergoing 'essential maintenance'.

Charlton executive chairman Matt Southall has issued a statement saying that no money was ever received from Nimer: Nimer pulls backing

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The Political Economy of Football V2

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