Agreement reached to sell Derby County

An agreement has been reached to sell Derby County Football Club to a consortium called No Limits Sports.

The deal, which is still subject to the EFL’s Owners and Directors Test approval, is expected to close “in the near future”, according to a statement from the Rams.

Derby County say it will make no further comment until the transaction is complete.

However, a statement from No Limits said: “We are proud and delighted to announce No Limits Sports Limited have approached the EFL for approval to be the new owners of Derby County Football Club, following agreement with the club’s current owner Mel Morris.

“We are privileged to take ownership of one of the founding members of the Football League and to build a fresh future for the fans, staff and players of Derby County.

“It has undoubtedly been a difficult period both on and off the pitch for the club over the last two seasons and we recognise that all of the staff have been dedicated and worked tirelessly behind the scenes to ensure the club’s First Team and Academy football operations were fulfilled.

“We are looking forward to working with Wayne Rooney and his team, and will do everything possible to support the club’s vision and ambition.

“We would like to thank Mel Morris and his team for their support in helping to facilitate a quick and smooth transaction.

“The sales and purchase agreement has been signed and we are now working with the EFL on the final stages of the EFL Owners and Directors Test.

“We shall not be making any further comment until the EFL approves the transaction, hopefully in the very near future.”

Last month, Rams owner Mel Morris pulled the plug on the deal to sell the club to Derventio Holdings, which was headed up by Sheikh Khaled.