And yet there are 5 named interested parties so far looking to buy them. Clearly dealing with Ehab and having to rebuild a fan base is seen as a bigger challenge.
Weird that a club in admin is saying there are several parties interested. It's almost like they're trying to drum up interest in the sale of it.
Last paragraph interesting.... they owe a documented £51 million minimum... https://www.derbytelegraph.co.uk/sp...erby-county-administration-efl-demand-6073004
No. Our club essentially owes its owners, but there is no external/leveraged debt. Our debt is basically investment written up as debt for tax purposes. The club is basically in debt to the company that owns it. We are in debt to ourselves. Derby owe at least 51m to external creditors, notwithstanding the reported 200m 'investment' Mel Morris has put in and that seems unlikely he will be able to recoup. If city can't pay the allams back, then the allams lose out. If Derby don't find a way of paying their creditors then they potentially could be liquidated.
Reading accept nine point deduction, with another three points suspended, pending further financial disclosures. They still stay above us.
Derby's administrators set to reluctantly accept a total points deduction of 21, plus a further suspended 3. Talks ongoing over business plan but announcement expected soon. Huge blow for Wayne Rooney but closure for club ahead of a potential sale.