Derby County - Bank move to take control of club
UK time is: 14:16:32
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Bank move to take control of club

Derby County's bank, the Co-Op, have filed a document, which in effect could see them take charge of the football club and sell it to whoever they wished to.

A document known as a ‘legal charge' has been filed against Sharmine ltd, the company set up by the current directors when they took charge of the Rams in 2003. The document allows the bank to seize the shares of Sharmine and transfer ownership of the club. The new owners though would still have the £42 million debt; but the club would not go into administration and lose no points, as per the football league rules



It has also been sugested that the Bank have also rejected the initial proposed investment by SISU

Neither the Co-Op nor anyone at Derby County has been available for comment.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!


Click here to join in the debate on the club forum.

The Journalist

Writer:  Mail feedback, articles or suggestions

Date:Thursday March 9 2006

Time: 1:04PM

Your Comments (oldest first)

Change to most recent first
You cant be losing points can you.
FEn_100
Report Abuse
30/04/2006 23:14:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Derby County Articles

Hughes Impressing Clement (Friday July 31 2015)

Vital Derby On Twitter (Thursday July 30 2015)

Blackburn Trip Put Back (Thursday July 30 2015)

More Games Moved For TV (Thursday July 30 2015)

Thomas Makes Blackpool Switch (Thursday July 30 2015)

Clement: Experience Could Be Vital (Wednesday July 29 2015)

Former Rams Handed England Roles (Wednesday July 29 2015)

Archived Derby County Articles

List All Vital Derby Articles
Have your say
Click here to suggest an article
Click here to suggest a poll
ScoopDragon Publishing Entire League Network of Sites

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
7. Burnley 0 0 0 0 0 0
8. Cardiff 0 0 0 0 0 0
9. Charlton 0 0 0 0 0 0
10. Derby County 0 0 0 0 0 0
11. Forest 0 0 0 0 0 0
12. Fulham 0 0 0 0 0 0
13. Huddersfield 0 0 0 0 0 0

Derby County Fixtures (view all)

Breaking League News

Shackell Set For Burton Appearance
» Derby County : 31/07/2015 14:00:00
Striker Joao Transfer To Wednesday Deal Confirmed
» Sheff Wed : 31/07/2015 13:47:01
MK Dons Sign Madrid`s Sergio Aguza
» MK Dons : 31/07/2015 12:57:01
Positive news for defender
» Middlesbrough : 31/07/2015 12:42:01
Tom Lees Signs Contract Extension
» Sheff Wed : 31/07/2015 12:41:00

Current Site Poll (view all polls)

Is Clement the right man?
Suggested By:  Site Staff
Yes 66%
No 6%
Not sure....but I hope so! 28%