American investor Gary Allen has not completed his proposed takeover of Troyes, the president of the French second division club has said.
In June it was announced that Allen, who owns National Premier Soccer League club Spartans FC in Portland, would soon take control of Troyes, who were relegated from Ligue 1 last season.
But there has been little talk of the deal since, and Troyes president Daniel Masoni confirmed it had been held up.
"Nothing is moving," he told L'Equipe. "We're still waiting...