Last updated on .From the section Derby

David Clowes
The prospective new owner's Clowes Developments (UK) Ltd has assets worth a reported £300m

The takeover of Derby County is expected to be completed on Thursday.

The life-long Rams fan already owns the club's Pride Park home ground and has provided Derby with a loan to make sure it can start the upcoming season.

Nine months of administration are over if a deal is reached.

The administrators are in receipt of money from Clowes Developments.

There is a short amount of additional time that needs to be finished.

The parties involved in the sale of the club have been working very hard to complete the transaction.

There are some matters that are outside of the control of the joint administrators.

The transaction is expected to be completed on June 30th.

Chris Kirchner withdrew his bid to buy the club on June 13th.

The club needs to be led by someone with fresh energy according to Wayne Rooney who resigned last Friday.

The news of Clowes' bid to buy Derby came shortly after the Rams named Liam Rosenior as their interim boss.

Due to the financial turmoil, Derby have just five first-team players on their books.