US millionaire Rich Riley looking to save Wayne Rooney’s Derby from liquidation with £7m windfall to avoid EFL exile
AMERICAN businessman Rich Riley is in talks to rescue Wayne Rooney’s Derby with a £7million windfall. The ‘angel investor’ and former leading computer company chief executive is looking into ways of handing over the funds needed so the Rams avoid being kicked out of the EFL. League chiefs want enough money pumped in so the […]
AMERICAN businessman Rich Riley is in talks to rescue Wayne Rooney’s Derby with a £7million windfall.
The ‘angel investor’ and former leading computer company chief executive is looking into ways of handing over the funds needed so the Rams avoid being kicked out of the EFL.
League chiefs want enough money pumped in so the club can fulfil its fixtures — and issued a February 1 deadline, as we first revealed.
Riley is strongly linked to a group pulled together by former Derby chairman Andy Appleby.
Paying the money would put them in pole position to buy the Championship strugglers.
The consortium have met the EFL and were close to a deal until the administrators ran into problems with compensation claims from Middlesbrough and Wycombe.
Derby could confirm the deal before the derby with Nottingham Forest on Saturday to ease pressure on player sales this month.
County’s administrators Quantuma have THREE potential candidates.
But none want to commit until the dispute with Boro and Wycombe is settled. However, Riley will put in the cash and then look into this issue.
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Meanwhile, it has been warned Derby could be out of existence within the next ten-days.
They could run out of cash by February, as the real extent of their dire financial situation emerges.
A huge row has also embroiled between the club, the EFL, Middlesbrough and other Championship rivals.