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Birmingham Post
Birmingham Post
Business
Tom Pegden

Future of Derby County looks secure as Clowes Developments buys Pride Park Stadium and prepares to buy club

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.

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