Derby County acquirer re-evaluating deal following EFL charge
17 January 2020
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.
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.”
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