The proposed takeover of Swedish third-tier club AFC Eskilstuna by Harambee Stars captain Michael Olunga, through his Michael Olunga Football Academy (MOFA), has hit a roadblock, Mozzart Sport authoritatively reports.Two weeks ago, Mozzart Sport revealed that MOFA was nearing a Ksh. 48 million agreement to acquire the club and settle its debts amid financial struggles.The negotiations were initiated by former club sporting director Mikael Larsson, who left AFC earlier this year but was expected to return if the acquisition went through, as he was the lead negotiator.However, Eskilstuna, home to Kenyan duo Henry Meja and Frank Odhiambo, disclosed that they were given insufficient time to review the contracts.Leopards, Rangers pitch early hunting camp at newly-promoted Mara SugarThe club emphasized the importance of thorough legal review and stated they would not rush into a deal that had not been fully vetted by their lawyers.They acknowledged receiving multiple offers from Olunga’s side, which they found potentially beneficial, but certain clauses in the contracts were problematic.”We have had productive discussions with Michael Olunga Football Academy about an investment in AFC Eskilstuna that would benefit both parties. AFC Eskilstuna is open to continuing these discussions, especially considering our proximity to Mikael Larsson,” read a statement from the club.”An investment of this type is complex, and we were given minimal time to take a stand on the latest offer. Some clauses were of such a nature that we simply couldn’t agree to them.”Michael Olunga set to buy Swedish clubDespite the stalled negotiations, the club expressed its willingness to continue talks if a new offer is presented, while also exploring other options to address their financial issues.”We are happy to continue dialogue with the Michael Olunga Football Academy but must ensure any agreement is thoroughly reviewed by our lawyers to protect our members’ interests. “AFC Eskilstuna continues to seek investors and welcomes MOFA to return to the negotiating table.”When asked whether MOFA will return with a new offer, the academy’s CEO, Victor Ogada, said, “We hope things will go well,” without divulging further details.##NAJAVA_MECA_8148100##Eskilstuna, also known simply as AFC, is a Swedish professional football club based in Eskilstuna.The club was previously known as FC Café Opera and Väsby United before changing ownership and identity in 2012 to AFC United. In 2016, they relocated to Eskilstuna, about 110 kilometers west of Stockholm, and are now competing in Ettan, the third-highest tier of Swedish football, playing their home matches at Tunavallen.
