The English Football League has expressed “increasing concerns” over the sale of Derby County and is now asking for closer involvement in the process.
Future owner Chris Kirchner failed to complete his purchase of the Ligue 1 side in time, and the EFL are looking to play a bigger role in finding a new owner for the club.
Wayne Rooney’s Rams have been in administration since September 2021, suffering a 21-point deduction that saw the team relegated from the Championship to the third tier.
After interest from Spanish businessman Erik Alonso failed to materialize, Quantuma’s directors named Kirchner as their preferred bidder on April 6.
A sale and purchase agreement was reached on May 16, but the American failed to transfer the funds to close the deal in time.
The EFL has now released a statement saying urgent action is needed to complete the deal with their help.
It reads: ‘The EFL today advised Derby County Trustees that following Mr Chris Kirchner’s failure to complete a sale of the club, it is amending the terms of the notice withdrawal notice issued when the club entered administration in September. 2021.
“The League is increasingly concerned that the continued delays in the sales process now pose a real risk to the integrity of next season’s competition, with the 2022/23 fixture list due to be released in less time. two weeks, and must act now in the best interests of the EFL.
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“The suspension of the club’s notice of withdrawal from the EFL is subject to such conditions as, in accordance with the League’s insolvency policy, the EFL Board determines and having regard to the lack of progress by the directors to finalize a transaction, he now considers it appropriate to revise the conditions of suspension.
“As a result, the EFL has informed the directors that there will be a review of the conditions attached to the suspension and the EFL must now be part of all correspondence and discussions between the directors and all potential bidders, with a acknowledgment that the League will be able to negotiate directly in relation to issues regarding the transfer of the share into the EFL.
EFL CEO Trevor Birch added: “Following this latest setback for the Club and its fans, it is vitally important that a sale of the Club is completed as soon as possible and we want to ensure that this objective is achieved.
“So far, we have provided the administrators with the time and opportunity to manage the sale process, but with the long-standing termination of the Asset Purchase Agreement and Membership Agreement now past, a Urgent proactive action is needed to do everything possible to secure the Club’s future as a permanent member of the EFL.
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