The proposed takeover of Derby County is still “on track” with a view of it being completed before Christmas.
That is according to a joint statement made by the club and Bin Zayed International, following speculation that it could collapse because Sheikh Khaled Bin Zayed Bin Saquer Al-Nahyan, the prospective new owner of the Pride Park faithful, still owes more than half a million pounds to a law firm for work it did on his failed attempt to take over at Newcastle United last year.
Can the takeover get Derby up to the Premier League?
Nonetheless, both parties involved in the deal have come out and squashed those rumours by saying that the acquisition of the Rams by Derventio Holdings is still on with the view of completion before Christmas.
The statement also went on to read that they will both be giving their “full attention” to completing the takeover at DCFC, which should encourage the fans of the EFL Championship club.
What can the takeover do for Derby?
The first aim of the takeover is to surely get Derby playing back in the Premier League, although this will be nearly impossible to do in this term given their current position in the league table.
The Rams look as if they may well be candidates for relegation at the moment, but a potential cash boost in the January transfer window from the resulting takeover may turn their fortunes around.
Nonetheless, it would certainly give the supporters of Wayne Rooney’s team a lift going into Christmas, even if the impact isn’t immediate on the pitch.
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