Mike Ashley sets sights on Derby County takeover?

Controversial former Newcastle United owner Mike Ashley is reportedly considering a move for troubled Championship side Derby County.

The 57-year-old businessman, who owns Sports Direct, ended his tenure in charge of the Magpies in October, selling the club to Saudi Arabian-backed buyers in a £300m deal.

Derby have been in administration since last September due to financial misdemeanours and have been deducted a seemingly-insurmountable 21 points this season as a result.

Nevertheless, Wayne Rooney's side have given themselves an unlikely shot at a miracle survival with 10 points from the last 12 on offer, and 63 points still available.

According to The Telegraph, Ashley has spied an opportunity to scoop up the two-time English champions and has tabled a bid of £50m, which is thought to be significantly more than any rival offers.

Administrators Quantuma are hoping to get a deal over the line this month in order to give the club the best chance of Championship survival.

Derby currently sit bottom of the division, 11 points from safety.