Further delays to Derby County takeover as administrators plead for ‘patience’
The Derby County saga continues to rumble on, with another deadline to complete the sale of the club missed on Thursday’s evening (June 30).
Quantuma, the administrators of the Rams, had hoped to get a deal over the line to sell the club to Derbyshire-based developer Clowes on Wednesday. That became Thursday after Quantuma admitted a number of issues were still to be settled, and on Thursday evening, the administrator admitted the deal still hadn’t be finalised.
In an update, Quantuma, EFL and Clowes Developments issued a statement saying: “The joint administrators, EFL, Clowes Developments and their advisors have worked throughout the day to resolve the small numbers of outstanding issues in order to complete this extremely complex transaction.
“There are a multitude of documents that need to be concluded and executed by not only the joint administrators, the EFL and Clowes but also third parties. Work is ongoing with all relevant parties and their advisors to conclude and execute all the necessary documentation to allow completion to take place.
“All parties acknowledge the frustration caused by these further delays and would like to thank supporters for their ongoing patience, as we collectively continue to work towards finalising this transaction.”
Clowes was named as preferred bidder over the weekend company chairman David Clowes – a lifelong Rams fan – stepped forward with an offer for the club, after previously buying the Pride Park Stadium.