The EFL have given the green light for Sheikh Khaled bin Zayed Al Nehayan to seal his £60m takeover of Derby County, as per the Daily Mail.
An EFL board meeting took place today regarding the situation and it appears that no objections have been raised with this proposed takeover, with it now expected to go through with no hitches.
Zayed Al Nehayan is the cousin of Manchester City owner Sheikh Mansour and is reportedly worth in the region of £150 billion.
Al Nehayan, 62, has been linked with takeover swoops for Liverpool and Newcastle United in the past however they failed to materialise, though he now looks to have secured a takeover for Derby after approval from the EFL.
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This new update throws Phillip Cocu’s future at Derby County into further question, with the Dutchman enduring an abysmal start to the season which currently sees the Rams languish in the relegation zone.
The Rams have won just once in their first 10 league games of the season and the news of this takeover could accelerate his potential dismissal from Pride Park.
There is no denying, this is massive, massive news for Derby County.
Mel Morris had been keen to sell the club for several years, and in Al Neheyan you have someone who has significant finance to support the team and their quest to be a top-flight club.
Naturally, there was some initial red-flags in-terms of the Saudi’s failed attempts to seal a takeover at Newcastle United, but it appears the EFL are content so it looks good.
Derby are a club with a fantastic infrastructure, an excellent stadium, top academy and sizeable fanbase, with extra backing from the new owners, we really could see the start of something big in the east Midlands.