Derby County's takeover by local property developer David Clowes has been completed, ending the League One club's nine months in administration.
"Consequently, the EFL can now confirm that the club has met the requirements of the League's Regulations and Insolvency Policy and is therefore no longer in administration. Staff have lost their jobs, the Rams were hit by points penalties - which led to relegation from the Championship, Rooney left three days before the start of pre-season, and just five first-team players remain on their books for next season because of restrictions put on them as a result of the financial turmoil.The five contracted for next season, which starts against Oxford United in four weeks, does not include a goalkeeper or any defenders.
Issues with the ownership of the stadium had caused problems for previous interested buyers and was seen by Clowes as the "obvious first step" in taking over.
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Derby County rescue is complete as David Clowes takeover deal is finalisedDerby County’s future has finally been secured following the completed sale of the club. The Rams have been purchased by Derbyshire based property group, Clowes Developments Ltd – a com… Great to see Derby County FC saved from administration. My erstwhile relative Benjamin Spilsbury who scored Derby's very first League goal back in 1888 in a match against Aston Villa FC I'm sure would be pleased. What no fat Mike? Let's hope it saves the club Does that mean every sports journo will shut the fuck up about them now. Treat them like every other league 1 team and ignore them
Source: talkSPORT - 🏆 91. / 53 Read more »
Derby County rescue is complete as David Clowes takeover deal is finalisedDerby County’s future has finally been secured following the completed sale of the club. The Rams have been purchased by Derbyshire based property group, Clowes Developments Ltd – a com… Great to see Derby County FC saved from administration. My erstwhile relative Benjamin Spilsbury who scored Derby's very first League goal back in 1888 in a match against Aston Villa FC I'm sure would be pleased. What no fat Mike? Let's hope it saves the club Does that mean every sports journo will shut the fuck up about them now. Treat them like every other league 1 team and ignore them
Source: talkSPORT - 🏆 91. / 53 Read more »