Derby Telegraph

Rams agree new takeover deal

BUT FANS ARE LEFT ASKING... WILL IT BE FOR REAL THIS TIME?

- By STEVE NICHOLSON

DERBY County Football Club have agreed a takeover, subject to EFL approval.

It is being led by Spanish businessma­n Erik Alonso on behalf of his company No Limits Sports Ltd.

It is the second takeover bid in six months. In November there was an agreement with Derventio Holdings but the deal collapsed.

A TAKEOVER of Derby County Football Club by No Limits Sports has been agreed, subject to EFL approval.

Spanish businessma­n Erik Alonso, who owns the management company WBD Sports, is looking to take control of the Rams on behalf of his company No Limits Sports Ltd.

The deal is expected to be completed in the “near future”.

Derby have issued the following statement: “Derby County Football Club wishes to confirm that a definitive agreement to purchase the club has been reached with No Limits Sports Limited.

“The transactio­n, which is still subject to the EFL’s owners and directors test approval, is expected to close in the near future.

“As agreed with No Limits Sports there will be no further comment until the transactio­n is complete. This is to ensure that all of the club’s focus will be on the Championsh­ip run-in.”

Alonso, who is 29, has said No Limits Sports is proud and delighted to have reached an agreement and is “looking forward to working with Wayne Rooney and his team, and will do everything possible to support the club’s vision and ambition”.

In a statement, Alonso said: “We are proud and delighted to announce No

Limits Sports

Limited have approached the

EFL for approval to be the new owners of Derby County Football Club, following agreement with the club’s owner Mel Morris.

“We are privileged to take ownership of one of the founding members of the Football League and to build a fresh future for the fans, staff and players of Derby County.

“It has undoubtedl­y been a difficult period both on and off the pitch for the club over the last two seasons and we recognise that all of the staff have been dedicated and worked tirelessly behind the scenes to ensure the club’s First Team and Academy sfootball operations were fulfilled.

“We are looking forward to working with Wayne Rooney and his team, and will do everything possible to support the club’s vision and ambition. We would like to thank Mel Morris and his team for their support in helping to facilitate a quick and smooth transactio­n.

“The sales and purchase agreement has been signed and we are now working with the EFL on the final stages of the EFL owners and directors test. We shall not be making any further comment until the EFL approves the transactio­n, hopefully in the very near future.”

Derby owner and chairman Mel Morris has been looking for new investment or a takeover for the past two years.

At the beginning of November there was an agreement in principle with Derventio Holdings, a company set up by BZI, and the takeover was approved by the English Football League.

Deadlines came and went but the deal was not closed and collapsed.

We are privileged to take ownership of one of the founding members of the Football League... Statement

 ??  ??
 ??  ??
 ??  ??
 ??  ?? No Limits Sports says it is looking forward to working with Wayne Rooney
No Limits Sports says it is looking forward to working with Wayne Rooney
 ??  ?? Mel Morris has been looking for new investment for the past two years
Mel Morris has been looking for new investment for the past two years

Newspapers in English

Newspapers from United Kingdom