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About: http://data.cimple.eu/news-article/e734e30ab2ee72ffe6bc9174f180f3f33f8d352bd294c1745b033c26 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Derby County said on Friday that a deal had been agreed "in principle" for the sale of the English Championship club to a company owned by a member of the Abu Dhabi royal family. Sheikh Khaled bin Zayed Al Nehayan, a cousin of Manchester City owner Sheikh Mansour, has passed the English Football League's (EFL's) owners' and directors' test. "Derby County Football Club's owner and executive chairman Mel Morris CBE has been in discussion with Derventio Holdings (UK) Limited since May in relation to taking over the ownership the club," Derby said in a statement. "These talks progressed to the point where a deal has, in principle, been agreed between the two parties." The statement added: "Derventio Holdings (UK) Limited, whose ultimate controlling entity is Bin Zayed International LLC, owned by Sheikh Khaled... may now proceed with the transaction, which is expected to close very soon." The fee for the club is reported to be around £60 million ($78 million). Sheikh Khaled has previously attempted to buy into English football, with a £2 billion offer for Liverpool rebuffed by Fenway Sports Group in 2018 and a bid for Newcastle last year falling through. Morris took control of Derby in 2015 but despite major investment in transfers and wages that have seen the club run up huge losses, they have failed to secure a return to the riches of the Premier League. The club's Pride Park stadium was sold to a company controlled by Morris for £81 million in 2018 to avoid falling foul of the EFL's profit and sustainability rules. Derby, captained by former England and Manchester United forward Wayne Rooney, are second bottom of the Championship after 10 games of the season, with manager Phillip Cocu reportedly set to be sacked once the takeover is completed. kca/jw/mw
schema:headline	Championship club Derby set for Abu Dhabi takeover
schema:mentions	The Statement (film) Manchester City F.C. DJ Khaled England national football team manager Premier League Morris Motors Sheikh Manchester United F.C. Liverpool F.C. England national football team Abu Dhabi Moment magnitude scale Association football United Kingdom Derventio Coritanorum Mel Morris Phillip Cocu Fenway Sports Group Pride Park Stadium Mansour bin Zayed Al Nahyan Order of the British Empire JW Marriott Hotels Wayne Rooney English Football League Progressed (EP) EFL Championship Derby County F.C. Newcastle United F.C.
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-11-06 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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