Finding Nimer

I guess the 2 questions that Charlton fans want to know from Mr Nimer are

1) Does he actually have any money and 2) if he does is he actually going to spend it on Charlton ?

It’s certainly been a very poor start to his ownership. He managed to buy the football club for a pound because Roland gets to keep all the property assets and then Mr Nimer allows his appointees to rack up ridiculous consultancy fees on ongoing liabilities on property and cars. No additional funds were made available in January to acquire new players despite the fact that the team desperately needed help.

As far as we know he has so far provided no funding at all.

It’s all very well blaming Southall now but it was obvious to anyone with half a brain that he was a chancer with a string of business failures behind him. Why would any serious business person trust Southall with running a chip shop let alone a football club. Now Nimer has appointed a ‘sports lawyer’ to assist him – a bloke that appears to operate out of a tiny office in Altrincham. If I was that wealthy I would appoint Freshfields or Linklaters or Slaughter & May, Mishcon De Reya- proper serious international London law firms.

I’m sorry to say that middle eastern businessmen generally don’t have a good reputation for consummating transactions with funding.

Let us hope that Mr Nimer is different – but if he is not, he needs to sell his 65p stake for 65p and let somebody serious have a go.

 

2 thoughts on “Finding Nimer

  1. “don’t have a good reputation for consummating transactions with funding” Ahem, very delicately put AA !

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