Complex sentence: Eastlake's translation as "Timotheos" is generally accepted, although the possibility of it being a variant of "Timothy" has been discounted, as that word was not used in Northern Europe before the Reformation.
Split into simpler sentences: Eastlake's translation as "Timotheos" is generally accepted as representative of a proper name. The possibility of it being a variant of "Timothy" has been discounted, as that word was not used in Northern Europe before the Reformation.