The singer did not raise the funds necessary to complete the deal
One Direction‘s Louis Tomlinson has failed in his attempt to takeover football club Doncaster Rovers.
The singer, in partnership with former Rovers chairman John Ryan, was expected to formalise their takeover today (July 18). However, according to Guardian reports, the duo were unable to raise the funds required to complete the deal.
Through fundraising website Crowdfunder.co.uk, Tomlinson and Ryan only secured £757,796 of their £2 million target. They were, therefore, unable to meet the Football League’s “fit and proper person” test for club ownership.
“I’m absolutely gutted the Doncaster Rovers deal is not going ahead,” said Tomlinson in a statement issued by the Tomlinson Ryan Trust. “I am desperate for the club to be given the recognition it deserves. I was explicitly told that the deal to buy the club was not dependent on the money raised by Crowdfunding. Unfortunately I was misled.”
“My passion for Doncaster Rovers remains as strong as ever, and I hope that I can still be involved with the club moving forward. And to all the Doncaster Rovers fans, I will do all in my power to help the club succeed. I really do love the club.”
“Maybe down the line, certainly where Louis is concerned, he will be able to get involved again,” added Ryan. “But our partnership hasn’t worked out. The crowd-funding was an absolute failure, but it’s been a combination of that and the Football League’s stance. I don’t want to go into details. I don’t want to go there.”