, external<\/span><\/a> from the Essex side said: “Colchester United Football Club can confirm that discussions regarding the potential acquisition of the club have concluded, and the parties will not be proceeding with the transaction.<\/p>\n“Both parties invested considerable time and effort into exploring the opportunity and would like to thank everyone involved for their professionalism and cooperation throughout the process.<\/p>\n
“Following an extended period of due diligence and discussions, the parties have agreed not to proceed with the transaction. The decision has been reached amicably and with mutual respect.”<\/p>\n
Cowling added: “I would like to thank everyone involved for the time, effort and courtesy shown throughout the process. Whilst we have ultimately decided not to proceed together, I wish all concerned every success in the future.”<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"
The planned takeover of Colchester United by a consortium including former Chelsea and England defender John Terry has collapsed. It…<\/p>\n","protected":false},"author":1,"featured_media":2707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-2706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sport"],"_links":{"self":[{"href":"https:\/\/racingsport.xyz\/index.php?rest_route=\/wp\/v2\/posts\/2706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/racingsport.xyz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/racingsport.xyz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/racingsport.xyz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/racingsport.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2706"}],"version-history":[{"count":0,"href":"https:\/\/racingsport.xyz\/index.php?rest_route=\/wp\/v2\/posts\/2706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/racingsport.xyz\/index.php?rest_route=\/wp\/v2\/media\/2707"}],"wp:attachment":[{"href":"https:\/\/racingsport.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/racingsport.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/racingsport.xyz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}