We won't be like Liverpool, say Derby

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Appleby heads up the Michigan-based General Sports and Entertainment company, providing fresh investment needed for a Derby side suffering a terrible season cut adrift at the bottom of the Premier League and facing inevitable relegation.

Home sweet home: Derby's Pride Park

And he makes no secret of the fact he will be following the example set by Randy Lerner at Aston Villa rather than the disruptive one of Gillett and Hicks at Liverpool.

Appleby, 45, also insists his takeover will not leave Derby owing more money than they do already — compared to the £350m debt taken on by Gillett and Hicks, who also fell out with Anfield manager Rafa Benitez.

Appleby plans to maintain the authority of manager Paul Jewell and former chairman Adam Pearson, who retains a small shareholding in the club.

"The Liverpool situation is different to what we face here," said Appleby. "My guess is they made some mistakes that we don't want to repeat. We have no intention of undermining anyone on the football side.

"I feel we have a dream team of people here and we're in the smile business. It's the beginning of a new era."

Appleby is unlikely to splash out in the short term, with the initial budget realistically focused on Championship football. But he left fans in no doubt that he is very passionate about the club.

"The family got a new dog at Christmas and we've even called that Derby," said Appleby.