Derby unable to pay first team in full due to club takeover doubts | Football News

The Derby County general manager told the first team that the club are currently unable to pay them their unpaid wages from December but are working to resolve the issue.

Most of the Derby first team members only received 50% of the money owed to them on December 15 and it was said the rest would be paid in full, with the current month’s salary, on the 15 January.

But, repeated delays in Derventio Holdings’ prolonged takeover of Sheikh Khaled have meant the club has a major cash flow problem.

After a number of missed deadlines, it had been hoped that the deal would be reached on Tuesday night, but the club’s purchase remains incomplete.

Sky Sports News has been informed that there is a legally binding agreement between the two parties for the sale of the club.

Acting boss Wayne Rooney and the players met with club CEO Stephen Pearce to discuss the issue on Wednesday

But, without the purchase costs and associated money being paid, the deal cannot be made and current owner Mel Morris continues to fund the shortfall in his other business transactions.

Club CEO Stephen Pearce called the players and interim boss Wayne Rooney to the training ground on Wednesday and apologized for the lingering problems and vowed to keep them informed of developments.

Pride Park, home of County Derby
Derventio Holdings’ takeover of Derby from Sheikh Khaled appears to have stopped for now

In December, both parties involved in the buyout said a deal was still underway, but nothing has been said publicly since.

This leaves Derby in further turmoil, following the coronavirus outbreak which forced them to close their training ground last week, and field a team of junior players in the FA Cup loss at Chorley .

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