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Derby County CEO gives update on takeover delays, administration fears and unpaid wages

Stephen Pearce says takeover remains on course and club will see “light at the end of tunnel” soon

Derby County's Pride Park Stadium(Image: MX Display)

The chief executive of Derby County has assured fans the planned sale of the club will go ahead despite weeks of hold-ups.

Stephen Pearce to talkSPORT radio he still expects the takeover of the club by Sheikh Khaled Zayed Bin Saquer Zayed Al Nayhan’s Derventio Holdings (º£½ÇÊÓÆµ) Limited to go through.

He said the club was also working hard to address delays with players’ wages, and other members of staff and academy players were up to date with their wages.

Current owner Mel Morris has been looking for new investment in the Championship club for the past two years.

Mr Pearce said: “I addressed the players [on Tuesday] to bring them up to speed to where we are.

“The deal, from our perspective, we’ve heard nothing from either party – Mel [Morris], BZI or Derventio Holdings of any problems whatsoever with the takeover.

“As late as last night and this morning, we have been told that it absolutely is taking place.

“We’ve been talking to them since April/May time and things in the world have changed multiple times during that period.