Controversial Morton sponsors James and Sandy Easdale won’t be buying struggling Championship side Derby County after reportedly ‘pulling out of the race’ to buy the Rams as administrators look to get a quick sale pushed through.
The Renfrewshire-based businessmen were named last week as rivals to American tycoon Chris Kirchner but the Easdales are now turning their attention elsewhere, according to the Sun’s Morton backers James and Sandy Easdale ‘pulling out of race’ for Derby.
Derby County. Easdale brothers pulling out of race. Can’t proceed because admins pushing quickly to get a ‘winner’ … that leaves Chris Kirchner as only one in currently. Easdales looking for other clubs in England.
— Alan Nixon (@reluctantnicko) November 9, 2021
The Easdales confirmed their interest last week having held talks with administrators, saying through a representative: “I can confirm my clients have been in contact with the Derby County administrators regarding the purchase of the club.
“No further details can be shared at this moment but we will update on any developments shortly.”
Despite claims the brothers are worth as much as £750million pounds, their bid to invest in Derby was reportedly backed by ‘Far East money’ and their previous involvement at Rangers as puppets of Mike Ashley don’t really play into the image of self-made tycoons with financial interests pushing them close to billionaire status.
Their involvement with Morton has seen them sponsor the Greenock side with a variety of Easdale-owned Arranglen Group firms adorning the Morton kit, including McGill’s, Saveheat, Blairs Windows and Arc Fleet Services – as well as financially backing the club’s youth academy and investing in the club through pitchside advertising.
With it said they are now looking elsewhere in English football to invest, it will be interesting to see whether their name pops up anywhere else soon as potential investors – or whether they turn their focus to a club north of the border.
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