The proposed takeover of Doncaster Rovers by former Chairman, John Ryan, and One Direction singer, Louis Tomlinson, is in serious doubt after a statement was released claiming to be from the Tomlinson Ryan Trust.
In the released statement, it alleged that the Crowdfunder project set up in order to raise club funds, had not been a success in raising the £2 million target that was hoped for by both John Ryan and Louis Tomlinson. The statement said,
“As a result of the funding not being available from the project, John Ryan is unable to meet the requirements of the Football League Fit and Proper test.”
It went on to say,
“The consequence of this is that the deal to takeover the club is now in serious doubt.”
The deal was supposed to be finalised officially on Friday 18th July, however, after today’s statement, it has emerged that the takeover of the club will no longer go ahead, and will instead remain in the hands of current owners, Terry Bramall and Dick Watson, who have confirmed to BBC Radio Sheffield that they are able to keep running the club.
Speaking about the release of the statement, former owner, John Ryan, told BBC Radio Sheffield that,
“It [the statement] is an unauthorised version of the truth.”
Ryan commented on the Crowdfunder project saying,
“The situation is that the crowd-funder didn’t succeed and we are very sorry about that but the real problem is with the Football League. They have made it so difficult now that unless you have a bag full of cash you are going to get turned down.”
As a result of today’s allegations, John Ryan has said he is “finished” with football, adding,
“As far as I am concerned this is a dark day for football,”