The much ballyhooed takeover of Doncaster Rovers by Louis Tomlinson is about to collapse, as the Football League isn't impressed.
Of course, Tomlinson was never actually going to buy the club, but was instead helping a fan-funded trust purchase the team. But it's not working out:
The Trust's Crowdfunder total currently stands at £757,796 from 514 backers, well short of the £2m target. Tomlinson had declared that he was going to charge £250 per selfie, in order to raise money for the club.It must be a bit galling for Tomlinson. I bet he's aware Harry Styles could probably raise enough from selling selfies to buy Man United. Or at least Everton.
The grown-ups who are helping Louis with the bid are a bit upset:
Clearly angered by the decision, [John] Ryan told BBC Radio Sheffield: "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.You can understand his frustration, but 'not raising the amount of cash required to ensure the team can function' does seem to be less a problem with the Football League and more about the people trying to raise the money.
"They have made it so difficult now that unless you have a bag full of cash you are going to get turned down."
Still: you can't purchase a medium-sized business with huge running costs and variable income streams without having a lot of money. Every day is an education, isn't it?