Derby County: US-based Binnie family submit takeover offer for Championship club



Derby County will play a game on Saturday.

A wealthy US family has made a formal offer to buy Derby County.

The Binnies have submitted a bid of about $29m.

The administrators of the club wanted to name a preferred bidder earlier this month.

The English Football League's demand for proof of how Derby will be funded for the rest of the season has slowed down the process.

The administrators are having to deal with claims against Derby from other clubs.

The Pride Park stadium is owned by former club chairman Mel Morris.

Derby were placed into administration in September of last year and were hit with 21 points deductions, which left them facing the prospect of being demoted to League One.

The team has climbed off the bottom of the table thanks to the good form of manager Wayne Rooney.

Rooney said that Derby County is more than just a football club. It gives everyone in the city hope and gives kids a dream of playing for their club. It helps a lot of charities.

If we don't get the help we need, this will be a huge loss to Derby.

A group of people, including ex-Derby chairman Andy Appleby, are interested in buying the club.

Chris Kirchner withdrew his offer for the club just before Christmas.

The website of the company says that it has been an investor in more than 15 countries around the world.

Vice-president Adam Binnie is understood to be leading the move for Derby, and has been informed about additional liabilities that the club could face.

Both clubs claim to have lost out because of Derby's financial rule violations, which may have happened had a points deduction been imposed in 2020-21.

The analysis was done.

Simon Stone is a reporter.

This news is positive for Derby, given that the administrators said yesterday that there wouldn't be any progress unless the situation in Middlesbrough and Wycombe were resolved.

Questions remain over the bid. How will the Binnie family bring the club back together if the stadium is not included?

Will the loan secured against the stadium be part of the deal? Is it going to make them even more determined not to give up on their compensation quest?

It will be interesting to see the reaction of the competing bids.

Derby fans have a reason for optimism for the first time in a long time.