One Direction's Louis Tomlinson Soccer Team Acquisition Fails
Fri, 18 Jul 2014 08:21:07
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One Direction's Louis Tomlinson was in the process of acquiring U.K. soccer team Doncaster Rovers, making a joint offer to take over the team with former club chairman John Ryan. The bid was accepted by shareholders and the two established the Tomlinson/Ryan Trust to support and develop the team, which was downgraded to third tier of English soccer.
They also sought $3.4 via crowdfunding and pledged to donate six figures, as well.
The football league rejected the deal on Thursday, July 17.
Officials fear that they do not have the funds to run the team properly, since the crowdfunding campaign was $2.1 million short of its goal, according to WENN.
Tomlinson tweeted that he is "absolutely gutted the Doncaster Rovers deal is not going ahead. 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!"
What do you think of this situation?