World News – GB – Derby County on the verge of takeover by cousin of Manchester City owner Sheikh Mansour

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Sheikh Khaled, a senior member of the Abu Dhabi royal family, is in the final stages of negotiations with the English Football League

County Derby is on the verge of a takeover by Sheikh Khaled bin Zayed Al Nehayan, cousin of Manchester City owner Sheikh Mansour

Senior member of Abu Dhabi’s royal family Sheikh Khaled and his group are in the final stages of negotiations with the English Football League which will fully approve the takeover in the coming days

Club owner and president Mel Morris set to step down after nearly five years at the helm of the championship club, but will likely remain a consultant

Sheikh Khaled was recently involved in high-profile deals to acquire Liverpool and Newcastle, both of which failed, but has now turned to Derby, who haven’t made the Premier League since 2008

With talks now in the final stages, he could be revealed as Derby owner early next week if negotiations continue smoothly

Telegraph Sport understands that Chris Samuelson and Andrew Obolenksy, two British businessmen based in Switzerland, were involved in the initial negotiations but will not be part of the takeover in the future

62-year-old Sheikh Khaled is listed as « significant controlling » at a new company called Derventio Holdings (UK) Limited

Morris has been looking for an investment or a sale for over three years and has spoken to a number of parties in recent months

Derby is currently 21st in the championship and managed by former Dutch international Phillip Cocu Wayne Rooney, record goalscorer for England and Manchester United, is the club’s player-coach

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Derby County Football Club, Khalid bin Sultan bin Zayed Al Nahyan, Newcastle United FC, EFL Championship, Melvyn Morris, English Football League

World News – GB – County of Derby on the verge of takeover by the cousin of Manchester City owner Sheikh Mansour



SOURCE: https://www.w24news.com/news/world-news-gb-derby-county-on-the-verge-of-takeover-by-cousin-of-manchester-city-owner-sheikh-mansour/?remotepost=488346

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