Derby County chief executive Stephen Pearce says the collapse of a proposed takeover deal "took the wind out of the sails" of the club, but insists owner David Clowes remains fully committed to funding the Rams going forward.

According to BBC News, Clowes was reportedly just an hour away from completing a sale of the Championship club before the deal fell through. Despite that setback, Pearce says there is no doubt over Clowes' resolve to keep backing Derby financially.

The report gives no further detail on why the takeover collapsed or who the prospective buyer was, but Pearce's comments suggest the club is now focused on moving forward under its current ownership rather than pursuing a fresh sale in the immediate future.