Derby’s prospective sale has been taken off the market after the proposed investment fell through.
The deal centred on Turki Alalshikh, co‑founder of the boxing promotion outfit Zuffa and president of Saudi Arabia’s General Entertainment Authority, who sought to acquire a Championship club. Discussions with the sport’s regulator had been underway since May.
An IFR spokesperson outlined the regulator’s responsibilities, stating: "The IFR has a statutory work to thoroughly trial each prospective owners of a nine successful the apical 5 divisions of men's football."
The spokesperson added that the evaluation process moved swiftly: "The appraisal was completed successful 55 days retired of the 90 days allowed by law."
According to the IFR, a provisional endorsement had already been issued: "The IFR had taken a 'minded-to decision' to o.k. the bid earlier the commencement of the 2026-27 season. This had been communicated to each parties past week."
The regulator emphasized the thoroughness of its review: "In each case, we indispensable see a wide but fixed database of matters, each acceptable retired successful statute."
Further details of the assessment criteria were provided: "This includes assessing each candidates against the IFR's trial connected fiscal soundness, capable fiscal resources, root of wealth, and honesty and integrity - including a cheque connected immoderate transgression proceedings oregon convictions, civilian actions and different regulatory investigations."
The planned investment drew criticism from human rights organisations. Amnesty International warned in June that "the autarkic regulator faced a 'defining test' implicit the investment."
Alalshikh’s ties to Saudi leadership have repeatedly attracted scrutiny. Rights groups accuse him of involvement in alleged sportswashing, arguing that the kingdom uses sport to improve its global image while diverting attention from its record on women’s rights, the death penalty, and LGBTQ+ issues.
Before pursuing the Derby opportunity, Alalshikh owned the Egyptian club Pyramids between 2018 and 2019 and previously held Spanish side Almeria, which he sold to a Saudi‑backed consortium in May.