Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleTurki Alalshikh will no longer be taking over Derby County (Getty)Saudi government official and boxing powerbroker Turki Alalshikh has abandoned his proposed takeover of Championship football club Derby County. Discussions regarding the acquisition of a controlling interest by Alalshikh’s Lion Sport ended despite receiving approval from both the Independent Football Regulator and the EFL last week. Derby County confirmed they are now “off the market” and will continue to operate under the loyal support of current owners Clowes Developments. Alalshikh explained his decision on social media, stating that the prolonged regulatory approval process left insufficient time to adequately prepare the team for the upcoming season. While the takeover has been called off for the current campaign ahead of Derby's season opener against Charlton, Alalshikh indicated he remains open to future conversations with the club. In fullTurki Alalshikh’s takeover of Derby County falls throughMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
Derby County ‘off the market’ as Turki Alalshikh abandons proposed takeover
Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleTurki Alalshikh will no longer be taking over Derby County (Getty)Saudi government official and boxing powerbroker Turki Alalshikh has abandoned his proposed takeover of Championship football club Derby County. Discussions regarding the acquisition of a controlling interest by Alalshikh’s Lion Sport ended despite receiving approval from both the Independent Football Regulator and the EFL last week. Derby County confirmed they are now “off the market” and will continue to operate under the loyal support of current owners Clowes Developments. Alalshikh explained his decision on social media, stating that the prolonged regulatory approval process left insufficient time to adequately prepare the team for the upcoming season. While the takeover has been called off for the current campaign ahead of Derby's season opener against Charlton, Alalshikh indicated he remains open to future conversations with the club. In fullTurki Alalshikh’s takeover of Derby County falls throughMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
