Derby County's proposed takeover has been dealt another blow, according to reports from the Daily Mail.

Reports from The Athletic last month claimed that the Rams were closing in on a deal to sell the club to a consortium led by Spanish businessman Erik Alonso as the club look forward to a new era.

However it seems that this takeover bid is running out of steam.

Reports from the Daily Mail claim that Mel Morris has been warned that 'he's wasting his time' with Alonso after the prospective buyer allegedly said he had 'no access to funds because his bank account had been frozen'.

It's reported that the EFL asked the Spanish businessman to deposit £35million in a holding escrow account before they were able to approve the takeover, but Alonso has reportedly claimed that his account was locked by Spanish tax authorities after investing the £65m usied as proof of fund for the EFL owners and directors test.

This latest setback comes after yesterday's report from the Daily Mail which claimed that Alonso was looking to refinance Pride Park in order to push through a deal to purchase the club.

 

 

The verdict

This is not what Derby County supporters will want to hear.

The club are going through a torrid time at the moment and the last thing they need is to see this takeover for through.

It doesn't look good for Erik Alonso's takeover and fans will now be hoping for some good news on this front.