Huge Derby County update after administrators miss EFL deadline – Derbyshire Live

Derby County have been in administration for more than five months and the club’s administrators are yet to announce a preferred bidder or provide proof of funds to see out the season
The EFL has no plans to expel Derby County from the Football League despite the club’s administrators missing Monday’s deadline for a preferred bidder to provide proof of funds, it has been claimed.
Providing an update on the current state of off-field play at Pride Park, Sky Sports reporter Rob Dorsett has some encouraging news amid the increasingly worrying and protracted process of finding a new owner for the football club.
But, despite having funds to cover Rams player wages for a “few weeks,” he says the money will soon start drying up.
Dorsett Tweeted today: “EFL has no plans to expel #dcfc from League despite administrators missing yesterday’s deadline to prove funding.
“Admins are still assessing bids, not said anything for 10 days.
“I’ve been told Derby have cash for player wages and club expenses for a few weeks, but not beyond that.”
The club’s administrators are due to meet a working group of concerned business leaders today in a bid to shed more light on the on-going takeover of the club.
The group, Team Derby, was due to meet with Quantuma today to get an update and assurances for Rams fans amid the current plight of the club.
The English Football League yesterday asked the administrators for an “urgent further update” on proof of funds and the status of appointing a preferred bidder.
Neither of these have been provided, the EFL have stated, despite a four-week extension being granted at the end of January specifically for the “provision of evidence of sufficient funding to complete the current season.”
An announcement on who the preferred bidder would be was pointed to late last week, but there was eventually no update forthcoming.
Now Derby businessman John Forkin MBE has shared an update on Twitter.
He said: “I share concerns with this painful and opaque process.
“We are all outside peering in, seeking clues. Can only hope PB endgame is getting close as deadlines remerge.
“Team Derby is meeting Quantuma tomorrow seeking basic info & assurances. We will issue a statement afterwards.”


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