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Takeovers

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Doncaster Rovers takeover fails

The takeover bid by One Direction singer Louis Tomlinson and John Ryan for Doncaster Rovers has failed.   The associated crowdfunding inititaive raised only about half the money required.   The Football League has told the pair that they would not meet its 'fit and proper person' test.

O's sold to Italian businessman

Leyton Orient have become the latest English club to be taken over by a foreign owner after chairman Barry Hearn agreed to sell his 90 per cent stake in the club to Italian businessman Francesco Becchetti who works in renewable energy and waste management..   This shows that even a smaller London club in League 1 can be an attractive proposition.

No deal yet at Villa

Aston Villa owner Randy Lerner has issued a statement saying that talks on the sale of the club have been productive and ongoing.   However, no deal on a sale has been reached eight weeks after the club was officially put on a market.

'Symbolic' offer for Coventry City

A group of Coventry City supporters and businessmen have made a 'symbolic' offer for the club of £51,897.35 on the understanding that it is debt free.   They also have a plan to get the club back to the Ricoh Arena.

However, owners Sisu have reaffirmed that the club is not for sale.   Sadly for Sky Blue fans, this stalemate shows no signs of ending.

One Direction star takes over Doncaster Rovers

One Direction star Louis Tomlinson could become what Elton John was to Watford with his takeover of Doncaster Rovers.  He grew up in the town and has turned out for the club's reserves.  Each of the members of the band is estimated to be worth £14m.

Mystery surrounds new Salisbury City owner

Although they are grateful to escape the fate of Hereford United in being expelled from the Football Conference, Salisbury City fans are somewhat bemused by their new owner.

Takeover gives hope to Owls

The takeover of Sheffield Wednesday by Hafiz Mammadov has given new hope to Owls fans, although the owner's ambition of a return to the Premier League may take a while to achieve.

Mammadov also ownes Baku of Azerbajan and French club Lens.   The deal is worth about £35 and is subject to ratification by the Football League.   His company specialises in oil, gas, construction and transporation in Azerbajan.

Reading takeover near

Corporate recovery company Begbies Traynor have now taken over the sale of Reading FC from Sir John Madjeski.   The club had to sell top scorer Adam Le Fondre to cover one tax bill and another one is due shortly.

Blues confirm takeover talks

Birmingham City have confirmed that they are in advanced talks to sell a minority stake to a British consortium with a 'strong North American investment fund'.    Whether this means that the consortium has North American backing or has substantial investments in the US is not clear from the ambiguous wording.

Blues bids considered

The shares of Birmingham City's parent company, Birmingham International Holdings Limited, have been temporarily suspended while bids for the club are considered.    However, a statement from the board indicates that it is considering selling an initial stake of just 24 per cent.

Five bids have been considered over the past fortnight with two British proposals not meeting with favour. The situation of the club is such that some kind of sale is urgently needed.