Smith Cooper Corporate Finance provided deal advice to existing director Mel Morris on the acquisition of Derby County Football Club Ltd from North American partners LP, USA, for an undisclosed sum.
Life-long Derby fan Mel Morris, a local businessman recognised as one of the UK’s top serial Tech entrepreneurs, who bought a 22 percent stake in the Club in 2014 has now become the sole owner. The acquisition of Derby County follows Morris’ recent investments in BriefYourMarket.com, Technology Merchant Bank and Restoration Partners Limited.
Andrew Delve, of Smith Cooper, who has acted for Mel Morris for over 20 years and acted on all of his recent investments and sales of Prevx and uDate commented: “Mel is a businessman of the highest calibre and his purchase of Derby County brings together his passion for both business and football, the result of which can only be a good thing for the Club, fans and businesses of Derby. I have worked with Mel on various investments and acquisitions over the past 20 years, but this transaction has carried additional excitement due to both its local significance, my own affection for Derby County and Smith Cooper’s longstanding relationship and sponsorship of the Club.”
Mel Morris commented: “I’d like to thank Smith Cooper for the advice I received throughout the acquisition process. The expert advice, project management, and leadership they provided throughout this process was invaluable, allowing for the seamless transition in the running of the club.”
Smith Cooper Team