As featured on NewsNow: Football news

Derby announce Alonso takeover now off

Derby have announced their proposed takeover by Spanish businessman Erik Alonso is off.

The Rams announced in April that a deal was agreed with Alonso's company No Limits Sports Limited, but that has now fallen through.

However, chief executive Stephen Pearce said the club are in talks with a number of other “credible" parties about a takeover.

Pearce said on the club's website: “In respect to the agreement with No Limits Sports Limited, this transaction is no longer under consideration.

“An announcement was made in April that a deal was agreed between Mel Morris and No Limits Sports Limited, but subsequent developments mean the deal is no longer an option.

“However, Mel Morris is in touch with a number of credible parties in respect to purchasing both the football club and Pride Park Stadium."

Video of the day:

About the author

Paul Vegas

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free