Like many other creditors, MSD would have a lot to lose if Derby went bust. Sources close to the negotiations have told Sportsmail that the administrators have sought additional lending from MSD Capital, which has already lent the club £20M secured against the ground and a further sum to pay the bills since it went into administration in September. The EFL and administrators have not said how the additional month will be funded, however, Derby has reduced its cost base with six players leaving during the January transfer window. Today's statement came after local politicians and officials demanded a meeting with the EFL and Quantuma following days of frustration and 'radio silence'.ĭerbyshire MPs, led by Conservative Pauline Latham, want to meet both parties on Friday. © Provided by Daily Mailĭerby captain Tom Lawrence is one of the highest wage earners at the cash-strapped club This has been a sticking point for interested parties. A key question here is whether the EFL will consider the rival clubs to be football creditors, in which case their claims would have to be paid in full, if successful. The compensation claims lodged by Middlesbrough and Wycombe insist Derby’s breach of financial rules disadvantaged them.
The EFL and Quantuma said the stay of execution would allow Derby to continue discussions with interested parties and provide 'additional time to seek clarity on the claims from Middlesbrough and Wycombe'. 'The EFL Board had previously requested evidence by 1 February 2022 of how Derby County was to be financed whilst it remained in administration, alongside a financial plan that determined how the Club would fulfil its fixture commitments until the end of the current season.' © Provided by Daily Mailĭerby boss Wayne Rooney has worked miracles with the club on the brink of extinction 'Following a formal review of revised financial forecasts at Derby County, the EFL and Quantuma (the Club Administrators) have today agreed a month-long extension to the deadline set for proof of funding to be provided,' the statement said. It came after intensive meetings between the administrators and the three parties interested in taking over the club, which have so far failed to identify a preferred bidder.ĭerby had until February 1 - just five days away - to show the EFL it had enough funds to finish the season. The club and the administrators, Quantuma, issued a joint statement on Thursday. Derby County have been given a four-week stay of execution after the EFL agreed to extend the deadline for the club's administrators to show there are sufficient funds to complete the season.
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