The EFL notes the statement issued today by Quantuma (Derby County Administrators) but remains deeply concerned at the lack of any form of substantial ...
Derby County's future has been thrown into further doubt after EFL chiefs urged administrators to clarify how the club will be funded for the rest of the ...
The EFL had requested an update on the future of Wayne Rooney's side on Monday - The EFL have again written to administrators Quantuma for a critical update EFL accuse Derby's administrators of 'threatening the very future of the club' and IGNORING their calls and emails as the league demands a 'critical' update on their preferred bidder
Mike Ashley had been expected to be named as the preferred bidder to complete a takeover of Derby County before it fell through on Friday…
The major positive from this is that Ashley’s interest remains, so he’s still at the table and it appears willing to do a deal. Whilst there are no further details on what caused the talks to break down, the update does state that Ashley is still hoping to do a deal for the Championship strugglers. And, Telegraph reporter John Percy has revealed that was the case, as he confirmed it was in place for Ashley to take that significant step towards completing the takeover on Friday until it ‘collapsed’.
The Rams have been in administration for more than five months as the takeover sage rumbles on.
"The administrators have not yet provided that evidence, and we await an urgent further update from them on both that and the announcement of a preferred bidder." A statement issued by the EFL on Monday asked the administrators for an "urgent" update on how the club will be funded for the rest of the season and on the announcement of a preferred bidder. The statement read: "On January 27 the EFL and Derby County’s administrators, Quantuma, announced a four-week extension to the deadline for the provision of evidence of sufficient funding to complete the current season.
Derby County, who sit in 23rd position in the Championship table and are eight points behind Reading FC, continue to be in administration amidst the ...
"As a result, the EFL still has no further information on the preferred bidder status or evidence of funding until the end of the season and has advised the administrators that the lack of progress on these two critical issues, amongst others, is threatening the very future of Derby County Football Club. A statement released on Wednesday afternoon read: "The EFL notes the statement issued today (Wednesday) by Quantuma (Derby County administrators) but remains deeply concerned at the lack of any form of substantial progress in respect of the outstanding matters affecting the club. The English Football League says the future of Derby County is under real threat due to a lack of progress in finding a new buyer for the club.
Quantuma have provided the EFL with a long-awaited update about their short-term plans to fund Derby County.
“As a result, the EFL still has no further information on the preferred bidder status or evidence of funding until the end of the season and has advised the Administrators that the lack of progress on these two critical issues, amongst others, is threatening the very future of Derby County Football Club. Their statement, issued just after midday, said: “The EFL notes the statement issued today by Quantuma (Derby County Administrators) but remains deeply concerned at the lack of any form of substantial progress in respect of the outstanding matters affecting the Club Derby County administrators Quantuma have "assured" the EFL they will be able to fund the club until the end of March.
The EFL are still waiting to hear an update from administrators at the troubled Championship club, who have gone through plenty of turmoil on and off the ...
We will endeavour to reach out to them to see if an accommodation can be reached." Derby have been in administration since last September and are desperately searching for a new buyer. The EFL handed the administrators a deadline of March 1 for them to inform them of potential buyers or proof that they can fulfil their fixtures for the remainder of the campaign. "In fact we don't consider that something that the purchasers will necessarily need to look at. In a damning statement, the EFL claim that they have heard no updates and that they "remain deeply concerned at the lack of any form of substantial progress in respect of the outstanding matters affecting the club". As part of the aforementioned case, Derby were told to resubmit their accounts for three years as the EFL continued to look into their FFP compliance. Derby would eventually claim a delay in the takeover as the reason for the wage delays. Philip Cocu was hired to replace Lampard but a failure to qualify for the play-offs in 2019-20 was followed by a poor start to the following campaign. Derby would go on to start the new season as a Championship club. That transaction, which saw the ground change hands for a fee of £81million, would ultimately come back to haunt the club as it resulted in them breaching the EFL’s profitability and sustainability rules. Tuesday was the EFL's deadline for an update from Derby’s administrators, Quantuma, in regards to potential buyers or proof that they can fulfil their fixtures for the remainder of the campaign. But the threat of the club, who were formed in 1884, going into liquidation remains a looming one, according to the latest update from the EFL.
Derby believed there was a foul on Festy Ebosele in the build up and one by Ikpeazu on Rams defender Curtis Davies in the area before the striker turned the ...
I mentioned this after the last game. "We didn't take our chances. "I can't say too much, I know that, I can get myself in trouble, but it is a fact.
Exclusive: Quantuma were in contact with EFL on Wednesday and indicated they have short-term finance to fulfil fixtures until end of March.
“As a result, the EFL still has no further information on the preferred bidder status or evidence of funding until the end of the season and has advised the Administrators that the lack of progress on these two critical issues, amongst others, is threatening the very future of Derby County Football Club. Derby County’s administrators have assured the Football League that they have the funds for another month, temporarily easing the pressure on the stricken Championship club. The EFL is still seeking clarification on funding for the remainder of the season, which will be discussed in detail at Thursday's meeting.
Derby County's administrators have told the EFL that they have the finances to fund the club through the month of March, according to The Telegraph's John ...
That hasn’t been the case though and it’s imperative for the supporters’ sake that Quantuma now act in the club’s best interests to find a buyer. A preferred bidder for a potential takeover is still yet to be named, but according to Percy, Mike Ashley remains interested in a £50 million deal to buy the club and there were plans to name him as the preferred bidder last Friday – those plans however collapsed. Per Percy, that issue will be discussed in a meeting with the administrators on Thursday, with the EFL claiming earlier on Wednesday that Quantuma are putting County in danger with their lack of communication.