google-site-verification: googlec7193c3de77668c9.html
Tuesday , September 29 2026

Alexandre Pato consortium pulls out of Colchester takeover talks

Cowling put the club up for sale last year but a deal with the the US-based Lightwell Sports Group fell through in June.

The sale process was reopened three months later with Cowling saying he would take whatever time was needed to “find the right long-term steward” for the club.

“I think I could grow it incrementally but fans aren’t interested in that,” he told BBC Essex in December.

“All they’re worried about is how it does in the league and whether it wins. The analogy I use is I understand fans, they want a moon shot, and all I feel able to provide myself is a slightly longer ladder every year.

“Hopefully, I’m going to be able to go out there and find somebody that perhaps can provide that rocket.”

The involvement of Pato, who won 27 caps for Brazil and was in their squad for the London 2012 Olympics, had excited the interest of U’s fans.

It is not known whether there are other investment groups still in the running.

The takeover is being overseen by American consultant Mitchell B Reiss on behalf of the club.

Colchester are 12th in League Two going into Saturday’s away game against Barrow.


Source link

Advertisements

See also  Are West Ham single-handedly keeping the relegation battle alive?

Check Also

Robbie Savage: Forest Green manager allowed to speak to other club amid Peterborough links

Forest Green Rovers have given manager Robbie Savage permission to speak to another club, amid …

England defenders Ezri Konsa and Nico O’Reilly doubts to face Czech Republic

Ezri Konsa and Nico O’Reilly are both doubts to play in England’s Nations League match …

Vozinha: Cape Verde goalkeeper on fame and fans

Cape Verde’s heroic World Cup goalkeeper Vozinha says he craves the “peace and tranquillity” of …

Leave a Reply

Available for Amazon Prime