By Matt Hughes For The Daily Mail
Published: 22:30 BST, 10 September 2019 | Updated: 23:02 BST, 10 September 2019
The son of former Liverpool owner George Gillett is in negotiations to buy Derby County.
Foster Gillett is understood to have held talks with Derby owner Mel Morris about a takeover which values the Championship club at around £60million.
Gillett Jnr, who was made a director at Anfield during his father’s acrimonious spell as joint-owner of Liverpool with Tom Hicks, was a guest of Morris at Pride Park towards the end of last season and the pair remain in contact over a potential deal.
Foster Gillett is understood to have held talks with Derby owner Mel Morris about a takeover
Morris took sole control of the club four years ago but has been alarmed by the spiralling cost of several failed attempts to win promotion to the Premier League, which have left Derby with losses of around £3million a month. He has been looking for a buyer since the middle of last season.
Gillett and Morris had positive discussions before the deal was held up by Derby’s latest promotion bid, which ended when they were beaten by Aston Villa in the Championship play-off final last May.
The club’s potential Financial Fair Play problems and uncertainty