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The Northern Echo understands that negotiations between former chairman of Darlington FC Raj Singh and prospective purchaser Paul Wildes have broken down, leaving the future of the 128-year-old club hanging by a thread.
Mr Wildes said: “It is fair to say that discussions have broken down, and I am now exploring another option. It is a very sensitive time in the next few hours. The most important thing is that Darlington 1883 still survives at the end of the day.”
It may yet be possible for Wildes to take over the running of the club without coming to an agreement with Singh, the club’s main creditor, in which case the Quakers would be automatically demoted by one division - but the club really could go either way at this point.