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Derby owe £27m to taxman

Derby County owner Mel Morris says his decision to part company with the club was a necessary trigger to force a sale of the club.

The decision to walk away, which resulted in Derby being forced into administration, came after spending two and a half years trying to find a buyer.

“When the two deals on the table fell through, I just continued to fund it. But with that level of total debts, shareholder loans, everything, eventually, you have to draw a line in the sand.”

Morris told offthepitch.com buyers circling the club wouldn’t do a deal until a “critical event” unleashed interest.

He confirmed tax liabilities of at least £27 million and that former manager Philip Cocu was owed £500,000.

He stated that ownership of stadium won’t stand in way of a deal with a variety of options possible.
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