Derby County's takeover by local property developer David Clowes has been completed, ending the League One club's nine months in administration.
"Consequently, the EFL can now confirm that the club has met the requirements of the League's Regulations and Insolvency Policy and is therefore no longer in administration. Staff have lost their jobs, the Rams were hit by points penalties - which led to relegation from the Championship, Rooney left three days before the start of pre-season, and just five first-team players remain on their books for next season because of restrictions put on them as a result of the financial turmoil.The five contracted for next season, which starts against Oxford United in four weeks, does not include a goalkeeper or any defenders.
Issues with the ownership of the stadium had caused problems for previous interested buyers and was seen by Clowes as the "obvious first step" in taking over.
Source: Real Estate Daily Report (realestatedailyreport.net)
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