Image source, Reuters

And with that the broadcast section of the news conference comes to an end.

Pretty short and sweet all told.

If you've just joined us here are the main talking points:

• Rooney says he is joining firstly as a player and will continue playing "until my body tells me I can't anymore"
• Felt it would have been "disrespectful" to leave DC United with the MLS season still ongoing and hopes to end his time in USA with a trophy
• Rams boss Phillips Cocu called him "a star player" and feels the whole team will benefit from his experience
• Rooney said joining Derby isn't just about wanting to come back to England but believes he is joining an ambitious club who can make the "next step" to the Premier League

Thanks very much for your company and we'll have plenty more reaction to Rooney's move to Derby on the website over the rest of the day.

We've also got some live football to bring you this evening with Portsmouth's EFL Cup tie against Birmingham. That's a 19:45 BST kick off and you can join us from 19:30 for build up.

Until then, thanks very much for your company and enjoy your evening.

Now Rooney is asked about offering guidance to Derby's younger players and he replies:

"It's always exciting to see young players coming through and enjoying their football.

"I had experienced players guide me when I was younger and now I am at the other end."

Rooney made his Premier League debut for Everton back in August 2002.

Rooney continues: "Coaching is what I want to do long-term but my main focus will be on playing and learning.

"With any new role you take up you want to learn the things to do and what not to do.

"In the next 18 months I will try to learn good habits.

"I've played under some great managers and in the last five years [of your playing career] you look at things in a different way, with one eye on going into the next role."

Rams boss Cocu stresses the importance of Derby having a good first half to their season before the former Manchester United striker's arrival, adding:

"He can help us on the pitch and off the pitch when he joins us.

"We need to make sure we are in a good position when he comes."

Image source, Reuters

Dutchman Cocu adds: "You need a balance of young talented players alongside experienced players who can take responsibility.

"Wayne is a star player who has had a great career. It's not just the quality of player we're getting but also his experience.

"The whole team will benefit from him being here. We're lucky to have him."

Rooney adds: "There were other clubs who were making offers but I made the decision to come here.

"Over the last week we've been trying to work out a deal with DC that allowed me to go back there and play.

"Derby is a club with great ambitions and they are trying to take the next step. I felt it was a place I could come and use my experience to help them achieve their goals.

"The squad is good and I'm sure the manager will try and get some more good players in."

On moving back to England, Rooney adds:

"We've got four young boys and certainly for my oldest it is a crucial time in his schooling.

"The opportunity to come back here and play and take the next transition in my career was one of the factors.

"It wasn't just about coming home."

Derby boss Phillip Cocu, who took charge of his first competitive Rams game on Monday, says of Rooney's arrival:

"It's a great signing for the club and the team.

"His experience is a big asset for the club and we have a lot of youngsters coming up who he can help.

"We can help him with his future role so I think it is a perfect moment for us to join together."

Rooney, who will not join Derby until January as he completes the current campaign with DC United, explains: "It's only fair for me to finish the MLS season.

"They've been good to me and we are in a fantastic position in the league.

"I feel like it would be disrespectful not to finish the season and help them get in the play-offs and hopefully win a trophy."

Image source, Reuters

On his aspirations to become a manager in future, Rooney adds:

"It's great to see my ex-team-mates going into management. I have always had the ambition to do it.

"It's great they are getting an opportunity. We haven't seen that many ex-England players going down that path over the last few years."

"Football is what I have done my whole life and what I love," continues Rooney. "I will keep playing until my body says I can't anymore.

"I'm a player who knows their body. I'm experienced enough to know if I need to sit out a game.

"I feel good. I've played the whole season in the States."

Rooney continues: "I feel I can play in midfield or as a striker.

"Once the opportunity was there and I had a decision to make I spoke with Phillip [Cocu] on the phone to see what the feeling was from him.

"After the call, I was happy with the situation and wanted to come here.

"We've been trying to keep it quiet so I haven't spoken to many people about it."

Image source, Reuters

Rooney begins by answering a question about how this move came about, and he says it was too good to turn down.

"My agent spoke to the club and the owners here," the former England skipper said.

"I had a decision to make and the decision to come and play here in England and develop as a coach with Phillip Cocu was too good to turn down.

"I'm looking forward to coming here in January and helping them towards promotion.

"Firstly, I'm a player and feel I have a lot of quality to bring to the squad. Secondly I want to learn from Phillip and his staff to gain experience for when I take the next step."

Image source, Rex Features

It's 17 years since a 16-year-old Wayne Rooney made his professional debut for Everton.

In the time since he's become England and Manchester United's leading goalscorer and won the Premier League five times.

One thing he hasn't done is play in the EFL.

With Derby chairman Mel Morris confirming the forward will "first and foremost" be joining the club as a player, how do you think he'll fare in the Championship?

We'd love to know your thoughts and you can share them by using the #bbcefl on Twitter.

Image source, PA Media

The stage is set, the press are gathered and now the main man has joined us too...

Image source, Getty Images

Former England boss Sven Goran Eriksson has been giving his reaction to the signing to BBC Radio 5 Live.

The Swede gave Rooney his England debut at the age of 17 and believes the 33-year-old can have a great career in coaching.

"I think Rooney will be a very good coach and manager in the future. Rooney's a football man, a genius football man," he said.

"He's very, very clever when you talk about football, tactics, organisation, how to play and how to train. He was always extremely professional in training, the first on the pitch and the last to leave.

"Rooney had so many good managers and coaches in his life, so I think he will have picked up things here and there."

Image source, Getty Images

Just while we wait for proceedings to start in the East Midlands let's take a quick look at what the Rams are getting shall we?

Rooney made his professional debut for boyhood club Everton in August 2002 aged just 16 and became the Premier League's youngest scorer with a superb long-range goal against Arsenal before his 17th birthday.

After a strong Euro 2004 he moved to Manchester United for £27m, then a world-record fee for a teenager.

During 13 years with United he won the Premier League five times, the Champions League, the FA Cup and three League Cups.

He is England and Manchester United's all-time leading goalscorer and is the second-highest scorer in Premier League history with 208.

In short, a pretty big deal.

Wayne Rooney is joining Derby County.

The former England skipper will leave MLS side DC United to take up a player-coach role with the the Championship side in January.

But what does he have to say about the move?

The Rams news conference with Rooney and boss Phillip Cocu will be starting at 17:00 BST and as well as being able to watch and listen to it above you can follow all the best bits in here.