September 28, 2024

Derby County owner David Clowes has spoken with unnamed potential investors about selling a majority stake in the Championship team.

The Derbyshire property mogul told BBC Radio Derby in the summer that he was open to bringing in new shareholders to help support the club’s ambitions to return to the Premier League.

The Daily Telegraph claimed on Tuesday that Clowes would consider selling up to 80% of his shares if a genuine offer came in.

According to BBC Radio Derby, no potential transaction is imminent, with one club insider admitting that “several interested parties” have considered investing in the Rams.

“David Clowes made it clear from the moment he took control of the club that he was open and willing to discuss external investment as long as that investment aligned with the club’s existing business model and principles,” a BBC Radio Derby source said.

Clowes, a lifelong Rams fan who took the club out of administration in 2022 and has always described himself as a “reluctant” owner, has previously expressed a desire for “long-term” involvement in the club.

It is known that Clowes would like to continue as chairman if a new agreement is reached.

Derby are back in the Championship for the first time following two seasons in League One, where they were relegated due to financial difficulties.

Clowes previously revealed that the club, which was a founder member of the Football League in 1888, was just a week away from bankruptcy when he took over.

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