Why the Alexandre Pato takeover failed

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Sports Alpha Capital co-founder Joao Xavier has detailed why a Colchester United takeover fell through. The U's were the subject of a proposed bid from the organisation, which includes former AC Milan and Brazil forward Alexandre Pato, but negotiations ended in February 2026. Sports Alpha Capital has now completed a takeover of Northampton Town. Click subscribe to keep up to date with all things Colchester United on BBC Sounds. (Image credit: Victoria Polley)