Latest News | 8 September 2015

Bondholders Assist in the Purchase of DCFC

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Derby-born businessman, Mel Morris

Derby-born businessman, Mel Morris

Bondholders Geldards, Smith Cooper and Flint Bishop all played a part in the purchase of Derby County Football Club earlier this month by one of the UK's richest businessmen, Mel Morris.

Corporate lawyers based at the Derby office of Geldards joined forces with accountants and business advisors Smith Cooper to help Mel complete his purchase of Derby County Football Club. Bondholder Flint Bishop acted for the seller, North American Derby Partners who sold their remaining shares to Mel on Friday 4th September, making Mel the sole owner.

“The fact that Mel continues to choose to work with professional service firms based in Derby reflects the high level of professional expertise in our area”
— Debra Martin, Corporate Partner at Geldards
“Mel’s 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”
— Andrew Delve, Smith Cooper
“We consider ourselves fortunate to have had Ran Oren and the team at Flint Bishop represent us both during the ownership of Derby County Football and during the ultimate sale of the Club. Ran worked tirelessly on our behalf and was thoughtful and creative in his advice”
— Bill Luby – Partner of North American Derby Partners LP

Born in Derby, Mel has ran several successful businesses but is probably known best for his current role: shareholder and non-executive chairman of King Digital Entertainment, the company behind online gaming sensation Candy Crush.

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