sport news Derby's takeover by local property developer David Clowes has been due to ... trends now
Derby's takeover by local property developer David Clowes suffers further delay due to the 'extremely complex' nature of the sale and a 'multitude of documents' that the Rams still need to sign off
The 'extremely complex' nature of Derby's sale has caused a delay to the sale Derby had expected to complete their takeover by David Clowes on Thursday However, a 'multitude of documents' has caused further issues to the takeover Local businessman David Clowes jumped in when Chris Kirchner bid collapsed By Pa Sport Staff
Published: 20:04 BST, 30 June 2022 | Updated: 20:04 BST, 30 June 2022
The 'extremely complex' nature of Derby's sale has caused another delay to the takeover by local property developer David Clowes.
A deal was expected to be concluded on Thursday but the joint administrators said due to the 'multitude of documents' which need to be signed off meant the process was taking longer.
'The joint administrators, EFL, Clowes Developments (UK) Ltd and their advisors have worked throughout the day to resolve the small numbers of outstanding issues in order to complete this extremely complex transaction,' said a statement from Quantuma.
'All parties acknowledge the frustration caused by these further delays and would like to
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