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EXCLUSIVE: Mike Ashley is NOT walking away from a deal to buy Derby County but warns fans and the administrator that time is running out to save the club from liquidation

Mike Ashley insists he is not walking away from buying Derby County but has warned time s running out to save the stricken club.

The former Newcastle United owner has been angered by reports that he is pulling out of talks to take over Derby, which has been in administration since September.

And today Ashley’s team moved to reassure Derby fans that the billionaire chief executive of Frasers Group, remains very much in the hunt.

Mike Ashley insists he is not walking away from Derby and still wants to save the stricken club

‘It is 100 per cent incorrect that Mike Ashley has pulled out f the process,’ the tycoon’s personal spokesman Keith Bishop, told Sportsmail.