Chelsea legend John Terry is reportedly a part of a consortium that’s in talks to take over League Two membership Colchester United from proprietor and chairman Robbie Cowling
Colchester United proprietor Robbie Cowling has confirmed that he’s in “detailed discussions” with a consortium over a takeover, however refused to substantiate whether or not John Terry was concerned within the course of. It was reported on Monday morning that the Chelsea legend was a part of a consortium making an attempt to achieve a deal to purchase the League Two membership.
Cowling has been proprietor and chairman of Colchester for almost twenty years and has been in search of a purchaser for a while. Again in February it was introduced that the Sports activities Alpha Capital (SAC) consortium, which included former Brazil star Alexandre Pato, had pulled out of negotiations.
And in June 2025, a bid from American businessman Tim Foley’s Lightwell Sports activities Group additionally collapsed. Nevertheless, The Solar have now reported that Terry is a part of a brand new consortium plotting a £14million takeover of the U’s.
Cowling has now issued an announcement to clarify the state of affairs. Having seen two earlier takeovers collapsed, the membership’s proprietor and chairman is taking a cautious method.
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He stated: “Colchester United are at the moment in detailed discussions with a consortium relating to a proposed sale of the membership. At this stage, we’re not able to touch upon any particular people or corporations concerned.
“Additional particulars will solely be shared as soon as a transaction has been totally accomplished and all formalities have been concluded. Within the meantime, my focus stays on guaranteeing that any choice relating to the long run possession of the membership is the appropriate one for Colchester United, its supporters, and its long-term success.”
Terry, 45, has beforehand coached at Aston Villa and Leicester Metropolis earlier than becoming a member of Chelsea’s academy as a coach and mentor in 2023. He has a hyperlink with Colchester United as a result of his nephew Frankie is a participant for the membership, who sit thirteenth in League Two.
John Terry’s nephew Frankie performs for Colchester United (Picture: Simon Galloway/Getty Photographs)
The previous centre-back retired from enjoying in 2018 after a profession which noticed him win 5 Premier League titles, 5 FA Cups and the Champions League with Chelsea. He has voiced his frustration at a scarcity of alternatives to change into a head coach. But it surely now seems that he’s able to take a distinct route in soccer.
It stays to be see whether or not the most recent Colchester United takeover will get additional down the road than the final two. Cowling stated final 12 months: “I’ve stated this earlier than, I would like my final choice on the membership to be my very best choice and that’s going to be who I hand it on to.
“I believe it’s going to take a little bit of time; we’ve obtained to verify we discover the appropriate those that need to tackle this soccer membership and take it to a different degree.”
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