US bil­lion­aire puts £30m into Derby

The Daily Telegraph - Business - - Sport / Football - By Tom Mor­gan

Derby County have re­ceived a ma­jor cash in­jec­tion bor­rowed against the club’s as­sets from a New York in­vest­ment bank be­long­ing to Amer­i­can bil­lion­aire Michael Dell.

Dell is the owner of MSD Cap­i­tal and records at Com­pa­nies House con­firm a loan – be­lieved to be in the re­gion of £30 mil­lion – was reg­is­tered last week. The Daily Tele­graph un­der­stands it is the sec­ond loan agreed with Derby chair­man Mel Mor­ris, who has been seek­ing fund­ing for two years.

He pre­vi­ously held talks with Henry Gabay, a Lon­don-based busi­ness­man, but a deal has stalled due to a num­ber of fac­tors in­clud­ing the sack­ing of for­mer club cap­tain Richard Keogh and an English Foot­ball League charge for break­ing spend­ing rules in Jan­uary.

Dell was partly in­volved in a po­ten­tial takeover at Sun­der­land last year, with three in­vestors from MSD Part­ners in­stead loan­ing £12 mil­lion to the hold­ing com­pany of club owner Ste­wart Donald.

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