Derby Telegraph

Extension granted to get the takeover over line at Rams

-

“It should be noted that the company that owns the stadium is not in administra­tion and therefore out of our control.

“We have therefore extended the period of exclusivit­y to midnight on Saturday, May 14.

“For the avoidance of doubt, Mr Morris has been fully co-operative throughout the administra­tion and has not changed his stance on the disposal of the stadium.

“He shares everyone’s desire that the successful acquirer will take the club forward and understand­s that the acquirer will want the stadium matter resolved as soon as possible.

“It is clear that a successful outcome is dependent on Mr Morris’ assistance in terms of writing off substantia­l sums owed to him personally, and also in dealing with other issues relating to the stadium to include chargehold­er interests, the existing lease and some historic lease arrears which have to be addressed.

“It is therefore not helpful for Mr Morris to be receiving personal threats against himself or members of his family, which have caused him and his family substantia­l anguish and could result in a very unnecessar­y and serious distractio­n.

“We should be grateful if supporters and other parties could refrain from passing comments of such nature and any such threats reported to the administra­tors will be taken very seriously.

“We can confirm that the preferred bidder is supportive of this position.

“Finally, the price for the stadium has been a constant and we are seeking to quickly resolve the ancillary issues relating to the stadium with all parties concerned.”

Newspapers in English

Newspapers from United Kingdom