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Next David Clowes statement expected soon as Derby County plan continues after £60m purchase
Derby County owners Clowes Developments don’t say much, so when they do, supporters listen. It is a welcome change for supporters that there are no longer regular statements being released about off-field matters and that a picture of a corner flag at the club’s Pride Park Stadium doesn’t strike fear into the hearts of fans.
David Clowes is who supporters recognise but it is important to note as a point of housekeeping that the club’s owners are Clowes Developments. And what we have now are owners who are going about their business quietly and results are speaking for themselves.
David and his brother Thomas – both big Rams fans – are on the board of directors at Clowes Developments, whose ultimate owners are The Clowes Trust 2014, based in Ashbourne near the company’s Brailsford headquarters. David and Richard Tavernor, both directors of Clowes Developments, are on the board of the parent company of the club, Derby County (The Rams) Limited.
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When Clowes released their annual accounts for the financial year ending March 2022 two years ago this month, they made clear their aims and objectives for the club after buying it out of administration that summer. "As major investors and property owners in the East Midlands, the directors considered that the potential liquidation of the local city football club was not in the best interests of the group or those in the city of Derby itself," said the company.
"The group considered they had a corporate social responsibility to the local economy of Derby and could not stand by and let the club fail. The directors consider that this is a medium-term investment to return the club to stability and add significant value to the initial cost of circa £60m."
Their next set of accounts were released in January this year and again referenced the club, given the Rams are under their umbrella, along with the holding company for Pride Park Stadium, Gellaw Newco 202 Limited. Clowes tend to release their annual accounts no later than January, so we can expect to hear from the owners relatively soon.
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What we do know from what is in the public domain is that the Rams' focus now is on rebuilding from the horrors of administration and one strategy is building asset value within the squad. Derby now have a young core of players with plenty of upside and are beginning to explore the overseas market for players, starting with the arrivals of Kenzo Goudmijn and Jacob Widell Zetterstrom from AZ and Djurgardens respectively.
Add Eiran Cashin to that mix along with Liam Thompson, Ryan Nyambe and Dajaune Brown and there is your asset value. That is a major part of Clowes’ strategy to add “significant value” and after a bright start to life back in the Championship the plan appears to be working.
