MEL MORRIS’ controversial settlement with Middlesbrough owner Steve Gibson will finally be settled when he sells Pride Park.
Former Derby owner Morris has privately agreed with Gibson to end Boro’s claim against the county for past Financial Fair Play breaches.
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Gibson dropped the action which delayed Derby’s attempt to leave administration.
In return, he arranged compensation – believed to be around £3million.
But the sum will only be paid once Morris enters the Derby field money.
When Derby was taken over by his favorite bidder Chris Kirchner, the American businessman obtained a new extension.
Kirchner was given until midnight on Saturday to strike a deal, but he has now been given another extension due to hurdles in the process of taking over Derby North MP Amanda Solloway.
Solloway tweeted: “With the deadline for @cskirchner’s redemption from @dcfcofficial being extended to Monday.
“I wanted to assure you that I am still in regular contact with the Administartors, Chris and Team Derby to keep me up to date on the situation and help complete a takeover.”
Kirchner also provided an update on the takeover.
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He tweeted: “I got a lot of messages so I want to clear up a few things. One – My main job is my software company.
“I was in Bangkok as part of my job running this company. That’s not going to change any time soon.
“Secondly, I said there would be updates as and when things needed updating…those kinds of things take time.
“This is a complex transaction (very complex for most football transactions), so for each stage there are a lot of document changes and legal cycles that have to go through the lawyers for each party. C ‘is a lot.
“Three – Most of what I will do owning this club will be from afar. I don’t plan on moving to Derby anytime soon.
“Four – The club is not short of money yet and we will be done before that.
“Five – It’s almost done. We extended to Monday so we could finish the last piece and they agreed to let us go.
“I won’t have any further updates this weekend, but I will have a conclusion to the process on Monday that I’ll share with you all.”
the-sun