Cowling put the club up for sale last year but a deal with the the US-based Lightwell Sports Group fell through in June. "I think I could grow it incrementally but fans aren't interested in that," he told BBC Essex in December. "Hopefully, I'm going to be able to go out there and find somebody that perhaps can provide that rocket." The takeover is being overseen by American consultant Mitchell B Reiss on behalf of the club. Colchester are 12th in League Two going into Saturday's away game against Barrow.
Source: BBC February 13, 2026 14:59 UTC