Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Sport
Jamie Gardner

Carlisle Capital makes formal offer to buy Derby out of administration

PA Wire

Private investment firm Carlisle Capital has made a formal offer to the administrators of Derby to buy the Sky Bet Championship club, the PA news agency understands.

Sources close to the firm say it has made a full asking price offer in the region of £28million.

The bid, which is understood to be spearheaded by the firm’s vice-president Adam Binnie, has been made fully in the knowledge that the club could face additional liabilities if one or both of the claims against Derby from Middlesbrough and Wycombe are successful.

It is understood the offer does not include the club’s Pride Park stadium, which is owned by former Rams chairman Mel Morris.

The group walked away after showing initial interest last year but have returned at a time when the club is facing the very real threat of liquidation, having entered administration last September.

The EFL has asked Derby’s administrators to produce a funding plan by February 1, saying in a statement on Thursday that by the administrators’ own admission, they would run out of cash by the end of the month.

The EFL has also called on the administrators to name a preferred bidder.

The claims of Middlesbrough and Wycombe – and whether they would be classed as football creditors and therefore entitled to the full value of any award arising from their legal cases – have added extra complexity to the situation at Derby, but the bid from Carlisle has been made despite that.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.