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Derby takeover set to be completed TODAY as property developer David Clowes steps in to save club from extinction


DERBY’S takeover is set to be completed today after property developer David Clowes stepped in to save the club.

Joint administrators Quantama accepted a bid from the boyhood Rams fan on Sunday.

Derby’s takeover by David Clowes is set to be completed today

Local businessman Clowes came forward after American suitor Chris Kirchner walked away from Pride Park.

His intervention will see Derby get an interim loan, taking the club out of administration.

And the Rams are now set to begin life in League One without any further worries or points deductions.

A Quantama spokesperson said: “All parties involved in the sale of the club have been working very hard together since last weekend to complete this extremely complex transaction.

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“A small number of outstanding matters remain, and these matters are outside of the control of the joint administrators and Clowes Developments (UK) Limited.

“It is our expectation that these will be finalised tomorrow, Thursday June 30, allowing the transaction to complete then.

“The joint administrators would like to reassure staff, players and supporters that they are in receipt of completion monies from Clowes Developments (UK) Ltd, and the outstanding issues require a short amount of additional time to be finalised.”

But Derby will have to do it all without Wayne Rooney at the helm.

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The Man United and England legend quit as manager as news of Clowes’ successful bid filtered through.

Rooney is now set to return to school and complete his coaching badges.

Liam Rosenior is now in charge of Derby on an interim basis.

But Rooney could be back on screens shortly as Sky, BT, BBC and ITV battle to land him as a pundit.

Meanwhile, his agent Paul Stretford is reportedly under investigation by the Football Association for handing over a £1.6million cheque to cover Derby’s wages in May.


Source: Soccer - thesun.co.uk


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