The Bin Zayed Group’s ‘failed’ attempt to buy Newcastle United is looking more and more of a bullet dodged.
According to The Athletic, their previously imminent bid to buy Derby County is now in doubt, with it emerging that would-be buyer Sheikh Khaled Bin Zayed Bin Saquer Al-Nahyan still owes a law firm over £500,000 for work they did on his failed attempt to take over on Tyneside in 2019.
Last month, Derby owner Mel Morris confirmed that he’d struck a deal in principle with the BZG and had the proposed deal approved by the EFL – also insisting in a November statement that the reigns would be passed over to the Dubai-based group “very soon”.
Over six weeks on and Derby fans are still waiting for official confirmation, making this latest revelation from The Athletic’s Matt Slater all the more damning.
So, not only are the Rams in the relegation zone and without a full-time manager, they’re now wondering whether a Middle-East takeover is going to suddenly collapse over an unpaid bill that’s been kept quiet until now.
The BZG talked a good game but failed to deliver last year. Unfortunately for Derby fans desperate for good news, it’s starting to look like lightening might strike twice.