ryan’s takeover ‘disappointment’

John Ryan has admitted his disappointment that a takeover offer has not been agreed.
John Ryan has admitted his disappointment that a takeover offer has not been agreed.

John Ryan admits he is disappointed a deal has not been agreed with consortium Sequentia Capital over a proposed takeover of Rovers.

A statement released by the Irish group claims it was Ryan who approached them to enquire about any interest in investment in the club, a fact confirmed by Ryan.

The Rovers chairman says the complicated nature of selling a business resulted in protracted negotiations and would not rule out a deal eventually being done.

“I’m obviously disappointed that we haven’t had a big cash injection but it still might come, there is time yet,” Ryan told the Star.

“I brought the Irish to the table, it’s no secret.

“I think if we could have concluded a quick deal with the Irish it would have been preferable but it’s not happened for various reasons.

“We’ve just got to get on with it.

“It was a big deal. Like all these deals they take time. When I was selling my business it took six months. There are all sorts of difficulties, it’s not simple.

“We’ll just see where it all ends up but you can rest assured that we’ll try and do the best for Doncaster Rovers.”