Derby County has confirmed that an agreement has been made for No Limit Sports to become the new owners of the club.
The sale must be approved by the EFL Owners and Trustees Test, but a transaction has been agreed with the buyers and current owner Mel Morris.
No Limit Sports is run by Spanish businessman Erik Alonso, who had an offer to buy from Sheffield on Wednesday rejected earlier this year after working as an advisor to their owner Dejphon Chansiri.
The Derventio group – led by Abu Dhabi royals Sheikh Khaled – reached a deal to buy the club in November, but it stuck, with several planned completion dates missed.
Derby County will not make any further comment until the deal with No Limit Sports is reached, but the potential new owners have issued a statement speaking of their ‘privilege’ to take over the club.
“We are proud and delighted to announce that No Limits Sports Limited has contacted the EFL for permission to be the new owners of Derby County Football Club, following an agreement with current club owner Mel Morris “, says the press release.
“We are privileged to take possession of one of the founding members of the Football League and to build a new future for the fans, staff and players of Derby County.
“It has undoubtedly been a difficult time both on and off the pitch for the club over the past two seasons and we recognize that all the staff have been dedicated and have worked tirelessly behind the scenes to ensure that the The club’s first team and academy football operations are completed.
“We look forward to working with Wayne Rooney and his team and will do everything possible to support the club’s vision and ambition.
“We would like to thank Mel Morris and his team for their support in facilitating a fast and smooth transaction.
“The sale and purchase agreement has been signed and we are now working with the EFL on the final stages of testing EFL owners and administrators.
“We will not make any further comment until the EFL approves the transaction, hopefully in the very near future.”