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Derby County could be sold for £1

Mel Morris is considering selling Derby County for a token £1 if he can get his debts repaid. The Candy Crush tycoon has been Derby's owner since 2015 and is understood to have put £161m into the club. He is understood to have received several proposals from interested parties in America and the Far East who would be willing to take on a percentage of the club's debt plus further staged payments if Derby are promoted to the Premier League.

The club's latest published accounts in June 2017 show that Morris had lent the holding company that owns Derby, Sevco, £95m - a figure that will have increased substantially since then as they are losing between £1m and £2m a month.

Every club in the Championship is losing money even with parachute payments and financial fair play. The lure of the Premier League is such that caution is thrown to the winds.

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