Ex-Newcastle owner Mike Ashley considers bid for Derby County



Derby County are 11 points from safety in the Championship.

Derby County is in dire need of cash and former owner Mike Ashley is considering a bid.

The Rams have been in administration.

A group of people, including a former Derby chairman, a chief executive and a Wolves chief executive, were thought to be well placed to take over the club.

The administrators hoped to conclude a deal by the end of the year.

There is still no announcement.

The opening created by this has led to the completion of the sale of Newcastle.

It is believed that Quantuma have been looking for around £50m, which they believe would allow them to get deals with all of their debts.

Proof of two years' funding to the Football League is required by any new owner.

The Derby situation is complicated by the fact that Mel Morris was the previous owner of Pride Park Stadium.

Quantuma want to sell the club and stadium in a single package.

Wayne Rooney said on Friday that he had spoken to them about the current situation. The positive thing for me is that the questions I've asked about what I can do with my squad have been answered.