Derby County FC looks set to survive after Derbyshire property giant Clowes Developments announced it has bought the Pride Park Stadium and would be making a formal bid for the club today.
The commercial property developer said it had bought the business which owns the stadium off former County owner Mel Morris and made a loan to the club to tide it over – just weeks from the start of next season in League One.
There had been growing doubts about whether Derby would even start the new season after a deal by American businessman Chris Kirchner to buy the club out of administration collapsed just over a week ago.