Derby County acquirer re-evaluating deal following EFL charge

17 January 2020

Derby
Photo: Getty Images Mel Morris, owner of Derby County, is looking for a new co-owner and negotiations have been going on for a while. But now the deal is being re-evaluated after the club was charged by the English Football League (EFL) for excess losses.

Henry Gabay tells offthepitch.com EFL charge is “serious issue”.

Banker says risks from charge for excess losses not yet quantifiable.

Reaffirms admiration for Mel Morris’s development of club.

Lawrie Holmes lawrie@offthepitch.com

Henry Gabay has informed offthepitch.com his bid to acquire Derby County is being re-evaluated after the club was charged by the English Football League (EFL) for excess losses.

“After today we have to re-evaluate everything. We are really interested but today this is a significant issue,” said Gabay, who heads up finance firm Duet Group.

Although he declined to say whether the deal would be held up or even terminated, he added: “Those risks are not quantifiable today.”

Leased back

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