Derby County owner Mel Morris says decision to walk away was necessary trigger for sale
Alamy
Morris says buyers circle the club wouldn’t do a deal until a “critical event” unleashed interest.
He confirms tax liabilities of at least £27 million and former manager Philip Cocu owed £500,000.
Says ownership of stadium won’t stand in way of deal with variety of options possible.
23 September 2021 - 5:04 PM
Derby County owner Mel Morris says his decision to part company with the club was a necessary trigger to force a sale of the club.
The decision to walk away, which resulted in Derby being forced into administration, came after spending two and a half years trying to find a buyer.
“When the two deals on the table fell through, I just continued to fund it. But with that level of total debts, shareholder loans, everything, eventually, you have to draw a line in the sand.
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