The takeover of Doncaster Rovers is off according to Louis Tomlinson's business partner. John Ryan and Louis Tomlinson have not passed the Football League's fit and proper person's test. The takeover was NOT dependant on the crowd-funding project.
The Tomlinson Ryan Trust's objectives for the club include:
In return for pledges of cash, those who give to the crowdfunding campaign will be offered rewards including a place on a new "Club 28" which gives them the chance to have a say in the future of the club.
Other incentives include a range of Club 28 merchandise.
Crowdfunding rules mean money will be returned to donors if the £2 million target is not reached, while rewards are only released if the goal is achieved.
Many of One Direction's teenage fans will not be able to offer their support - donations are only accepted from people who are aged over 18.
Doncaster manager Paul Dickov has been impressed by Louis Tomlinson's passion for the club and believes the takeover can provide success.
Louis Tomlinson and John Ryan have completed their takeover of Doncaster Rovers
John Ryan talks exclusively to ITV Calendar about the Doncaster Rovers takeover