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Ex-Manchester City club figure behind latest Derby County takeover attempts

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Former Manchester CEO Garry Cook is thought to be the man behind the latest takeover attempt for the Rams with him being involved with the American financiers who want to buy the club, according to The Sun.

Cook spent three years at Manchester City as their CEO and he has been involved with other major takeover deals in the past at other clubs.

According to The Sun, he has helped to find American financiers who would be interested in buying the Rams and trying to rescue them from the current financial situation that is looming over the club heading into the summer.

It is believed by The Sun that the American financiers that Cook is looking to bring to Derby would be needing to help settle the debts that Mel Morris has to pay to former players and staff and the £17.5 million owed to MSD holdings.

That is something that would need to be settled in advance of any takeover to help satisfy the EFL and prove they have the funds needed to buy the club.

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The potentially new American regime at Derby would be facing a major task on their hands if they do take over from Morris at some stage this summer.

That comes with the Rams still facing the very real possibility of a points deduction from the EFL and it would not be an easy situation for them to be walking into.

The Verdict

It does seem like there is more weight behind this latest takeover attempt than there was with the saga around Erik Alonso’s potential takeover of the club. Cook is a figure that is well in football and he has managed to get other takeover deals over the line at other clubs in recent years. That shows that he has the ability to get things sorted out and ensure that these deals do go ahead.

That suggests that there should be hope that the Rams can finally get their precarious situation sorted out ahead of the start of next season. Although according to this report it seems that there a few things that need to be sorted out first including the debts that the club and or Morris currently has and that they will have to sort those out in advance of the takeover.

This latest takeover attempt seems to be the club’s best option at the moment and as aforementioned it does seem more creditable than the one led by Alonso. The Rams just need to get some clarity on their ownership situation as soon as possible really.


ScoopDragon Football News Network

Article title: Ex-Manchester City club figure behind latest Derby County takeover attempts

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