01-07-2022, 19:12
Derby County's takeover by local property developer David Clowes has been completed, ending the League One club's nine months in administration.
The lifelong Rams fan, 53, already owns the club's Pride Park ground and had provided Derby with a loan to ensure it can start the upcoming season.
His purchase, through his company Clowes Developments, also means a transfer embargo can be lifted.
Clowes stepped in after a proposed takeover by Chris Kirchner collapsed.
Joint administrator Carl Jackson said: "We are very pleased to have achieved today's sale, in a deal which secures the long-term future of the club."
The lifelong Rams fan, 53, already owns the club's Pride Park ground and had provided Derby with a loan to ensure it can start the upcoming season.
His purchase, through his company Clowes Developments, also means a transfer embargo can be lifted.
Clowes stepped in after a proposed takeover by Chris Kirchner collapsed.
Joint administrator Carl Jackson said: "We are very pleased to have achieved today's sale, in a deal which secures the long-term future of the club."
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People got to shout to stay alive