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sports2h ago
Turki Alalshikh in 'advanced negotiations' for investment in English club
- Turki Alalshikh is in advanced talks over an investment deal with Derby County, a significant step for his football ambitions.
- The Independent Football Regulator will check that funding is separate from the Public Investment Fund before approval.
- Alalshikh previously faced links to Bristol City, which were later denied, before turning attention to Derby County.
- Derby County would potentially receive financial backing to boost spending ahead of the next season, subject to regulatory approval.
- Alalshikh has prior ownership experience with Egyptian club Pyramids and UD Almeria in Spain.
- Derby County is currently managed by John Eustace and finished eighth in the Championship this season.
- Clowes would potentially sell up to 80 percent of his shareholding but remain as chairman if the deal progresses.
- IFR's role is to protect the sustainability of English football and must approve the funding arrangement.
- The deal’s exact nature remains unclear while officials assess whether funds are linked to the Public Investment Fund.
- The deal is part of a broader pattern of interest from Saudi figures in European football clubs.
- The article notes Alalshikh's influence could extend to Derby County's strategic direction if the deal progresses.
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