US millionaire Rich Riley seeks to save Wayne Rooney’s Derby from liquidation with £7m windfall to avoid EFL exile
US businessman Rich Riley is in talks to save Wayne Rooney’s Derby with a £7m windfall.
The ‘angel investor’ and former chief executive of a major IT company is looking for ways to hand over the funds needed for the Rams to avoid being kicked out of the EFL.
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League chiefs want enough money injected for the club to meet its commitments – and have set a deadline of February 1, as we first revealed.
Riley has strong ties to a group formed by former Derby chairman Andy Appleby.
Paying the money would put them in pole position to buy championship wrestlers.
The consortium met with the EFL and were close to an agreement until the administrators ran into trouble with Middlesbrough and Wycombe compensation claims.
Derby could confirm the pre-derby deal with Nottingham Forest on Saturday to ease pressure on player sales this month.
Quantuma County administrators have THREE potential candidates.
But neither wants to commit until the dispute with Boro and Wycombe is settled. However, Riley will put some money in and then look into this issue.
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Meanwhile, he has been warned that Derby could disappear within the next ten days.
They could run out of cash by February as the true extent of their dire financial situation emerges.
A huge row also ensued between the club, EFL, Middlesbrough and other Championship rivals.