The official club website has just ruined my day with the news that the Zabeel Investments takeover deal is not going to be happening (more). It has decided to focus on 'domestic opportunities in Dubai that complement the current Zabeel Investments portfolio'. Combined with 'the current debate around foreign ownership of football clubs and the worsening economic climate in the UK', that's good enough reason for them to do one apparently.
The due diligence process must have meant the Zabeel people weren't really watching the football, as the parting shot of the statement was to wish the team 'every success in its quest for promotion this season and moving forward'. Thanks a lot. This news could hardly have come at a worse time and the much hoped for lift ahead of the Burnley fixture has evapourated. So it's a case of as you were ... 20th in the Championship and no money to spend. Any kind of good news would be very welcome right now!
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