Portrait: The new owners of Charlton – massive business experience but first investment in football club

4 December 2019

charlton
Photo: Getty Images Charlton Athletic fans celebrate following their team's second goal during the Sky Bet League One Play-off Final match between Charlton Athletic and Sunderland at Wembley Stadium on May 26, 2019 in London, United Kingdom.

Wealthy Abu Dhabi businessman Tahnoon Nimer will take a “sensible” approach to investment and provide funds to strengthen the squad.

Nimer not a figurehead for billionaire Sheikh Saeed Bin Tahnoon Al Nahyan.

Club’s new owners hope to get deal approved by Football League in two weeks.

The takeover of Charlton Athletic by East Street Investments has been warmly received by Addicks fans – but it’s Abu Dhabi businessman Tahnoon Nimer’s first major investment in football.

The chairman of Abu Dhabi Business Development, majority shareholder in the company buying the Championship club, of which he will be a director, has previously had little involvement in sports businesses. Doha Golf Club is listed as Abu Dhabi Business Development’s only sports client on its website.

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