Derby announce Alonso takeover now off

20 May 2021 • 11:06 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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."