Col Ewe Takeover

[Streaky]

Looks like the proposed buyers have pulled out

Colchester United takeover by US consortium falls through

Colchester United's proposed takeover by a US-based business consortium is called off.

www.bbc.co.uk

 

[Firestorm]

So after a visit to Colchester and a quick bit of maths the Americans decided that they would not be able to make any money out of Colchester and that there wasn't any real estate worth selling .
The "legal and Financial responsibilities " meant that the could fleece the club quite how they wanted to and they , god forbid, may have to put their hands in their pockets

 

[THE SEVENTIES NORTH BANK]

Without Cowling they might have folded ages ago. He's been trying for many years to make them self sufficient, but failed, as they make a loss every season. Small crowds is one of the main reasons.. I just can't see them being a good buy for any potential buyer. It will have to be another like Cowling, with very deep pockets. Someone who knows he will lose lots of money, no matter how he runs the club.