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 By Mark Rodden

Troyes takeover by American investor 'not moving' - president Daniel Masoni

Troyes, relegated from Ligue 1 last season, hope a deal can still be done by September.

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...

 By Mark Rodden

Spartans owner Gary Allen close to takeover of French Ligue 2 club Troyes

Troyes were relegated from Ligue 1 last season but are set for a financial boost with the impending takeover.

French second-tier side Troyes are set for a takeover by American investor Gary Allen.

Troyes president and majority shareholder Daniel Masoni revealed on Monday that he would soon hand control of the club to Allen, 45, the owner of National Premier Soccer League club Spartans FC in Portland.

"For several weeks, through an intermediary of Gary Allen, a project has materialised for the handover of 100 percent of the club," Masoni said at a news conference.

Masoni hopes the takeover can be completed...