One Direction singer Louis Tomlinson will not be taking over Doncaster Rovers, ITV News has learned.
Last month it was reported that the 22-year-old had completed a takeover deal of the League One club with his business partner cosmetic surgery magnate John Ryan.
But Ryan told ITV News that the "takeover was off" and that the duo had not passed the Football League's "fit and proper person's test".
Fans were asked to pledge money to the club in exchange for membership, branded clothes and collectors' items, with an aim to bump funds to £2million, but less than half the money was raised.
However, Ryan said the takeover was "not dependent on the crowdfunding project", adding that he was now "finished with football."
Fans who pledged cash will not lose any money, according to the football club's website.