Dundee United chairman Stephen Thompson has now ended his Australian adventure.
Thompson had been fronting up a consortium looking to buy A-League side Newcastle Jets for a fee in the region of £1.8 million.
He made trips Down Under to speak to officials at Jets and the Football Federation of Australia, who hold Newcastle’s licence, and had seemed keen to expand his football interest while still staying in control at Tannadice.
The buyout had appeared on track when the FFA announced on September 22 that ‘‘broad terms of the sale have been agreed’’ with an unnamed party, understood to be Thompson’s consortium.
However, while the Tangerines’ chairman has stuck by the confidentiality agreement he signed with the Australians and offered no comment it has been confirmed to Courier Sport via a Tannadice source that the door is now firmly shut.
That now leaves Thompson to concentrate 100% on United as they fight to move off bottom spot in the Premiership.