Derbyshire-based property group Clowes Developments’ takeover of Derby County is on the verge of completion. They had their bid accepted after they revealed they would submit a bid once the company bought the Pride Park Stadium. It was due to be completed by Wednesday but the deadline has been pushed by a day.

“All parties involved in the sale of the club have been working very hard together since last weekend to complete this extremely complex transaction,” a spokesperson said about Clowes Developments’ takeover of Derby County. “A small number of outstanding matters remain, and these matters are outside of the control of the joint administrators and Clowes Developments (UK) Limited. It is our expectation that these will be finalized tomorrow, Thursday 30 June, allowing the transaction to be complete then. The joint administrators would like to reassure staff, players, and supporters that they are in receipt of completion monies from Clowes Developments (UK) Ltd, and the outstanding issues require a short amount of additional time to be finalized.”

“With a deadline looming and the start of the next season getting closer, we needed to do something. As a local and established property company, purchasing the stadium seemed the obvious first step. Secondly, as a proud Derby supporter, it was inconceivable to me that the club was at risk of falling away,” David Clowes said. “We’ve worked tirelessly behind the scenes on the stadium purchase and loan agreement to be able to get the club going again in time for the next season. Players, staff, and fans needed some good news, and we are delighted to play a part in delivering that. As a long-standing loyal supporter, I am personally delighted that we are in a position to be able to secure the future of the football club. This is a very proud and humbling moment for Clowes Developments.”

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