Administrators ready to name preferred bidder for Rams

Pride Park, home of Derby County

The administrators in charge of stricken Derby County FC say they expect to name a preferred buyer by the end of December.

The club, which is marooned at the bottom on the Championship after receiving a 21-point deduction after entering administration earlier this year, could be in new hands by the new year, according to an update from Quantuma.

Carl Jackson, joint administrator, and CEO at Quantuma, said: “We are continuing to make good progress and are seeking to complete a sale of Derby County Football Club in late January 2022. This is subject to the successful outcome of negotiations with key stakeholders and interested parties which has always been the case.

“By way of key matters still to resolve, later this month we expect to have identified a preferred buyer and made progress with ongoing discussions with HMRC, Middlesbrough Football Club and Wycombe Wanderers FC. All these matters will determine the most appropriate exit route from the administration.

“We can confirm at this stage that exclusivity has not been granted to any individual or group and we continue to have constructive discussions with a number of Interested parties.

“In terms of funding, this has been secured by the administrators, with a charge recently filed at Companies House.

“Day-to-day work to secure the future of this historic football club continues and while there are no guarantees, we remain confident of a positive outcome for the club.”

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