Singh Quakers deal in doubt

Published Add your comment

Football News

Businessman Raj Singh`s proposed takeover of Darlington could be in trouble after one of his backers pulled out of the deal.

Singh was fronting a three-man consortium that was planning to rescue the cash-strapped Quakers, but after talks broke down with current owner George Houghton last month, the businessman waived his interest.

Talks resumed on Tuesday after Singh and Houghton settled their differences, but the structure of the deal has changed significantly following the pull-out and Singh has confirmed that his other backer, is also having doubts about his involvement.

"We had a meeting on Tuesday, which I think has been well-documented, but that is about it at the moment. Everyone has gone away to think about it now," Singh told the Journal.

"I would say the talks were 'constructive'. I don't want to go into too much detail but they were helpful and they weren't. George has gone away on holiday but there are people that we can deal with to move the situation forward, so I'm not too worried about that.

"The whole deal that we're talking about now has been changed. One of the backers that I originally had has walked away completely, I would say the other is 50/50 at this stage. So, yes, the delay has affected things."

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

League Two

Article Comments

Read more

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again