Derby County have confirmed a deal to allow No Limit Sports to become their new owners has been agreed.

The change of owner is subject to clearance from the EFL’s Owners and Directors Test. But a transaction has been agreed with the buyers and current owner Mel Morris.

No Limit Sports, fronted by Spanish businessman Erik Alonso, had an offer to buy Sheffield Wednesday rejected earlier this year. 

Alonso made the offer after working as an adviser to Owls owner Dejphon Chansiri.

News of the takeover being agreed has been greeted with caution by the club’s supporters, with fans mindful of the failed takeover attempt by Derventio Holdings earlier in the season.

There was an agreement in principal with Derventio Holdings, a company set up by BZI, back in November – and the takeover was approved by the EFL.

However, the deal stalled and eventually collapsed after several expected completion dates were missed.

The Rams will make no further comment until the deal with No Limit Sports has been completed, but the prospective new owners have issued a statement, speaking of their ‘privilege’ at taking over the club.

“We are proud and delighted to announce No Limits Sports Limited have approached the EFL for approval to be the new owners of Derby County Football Club, following agreement with the club’s current owner Mel Morris,” the statement said.

“We are privileged to take ownership of one of the founding members of the Football League and to build a fresh future for the fans, staff and players of Derby County.

“It has undoubtedly been a difficult period both on and off the pitch for the club over the last two seasons and we recognise that all of the staff have been dedicated and worked tirelessly behind the scenes to ensure the club’s First Team and Academy football operations were fulfilled.

“We are looking 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 helping to facilitate a quick and smooth transaction.

“The sales and purchase agreement has been signed and we are now working with the EFL on the final stages of the EFL Owners and Directors Test.

“We shall not be making any further comment until the EFL approves the transaction, hopefully in the very near future.”

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