Connect with us

Hi, what are you looking for?

Derby: EFL delays emergency meeting about club’s future

Football News

Derby: EFL

The EFL has delayed an emergency meeting to decide on the future of Championship club Derby County after positive developments. The club is facing liquidation in case a buyer is not found with three suitors reluctant to take over due to legal action by Middlesbrough and Wycombe Wanderers. The administrators were asked to show proof of funding after the club was forecast to run out of cash next month.

“Following positive developments over the course of the weekend, a proposed meeting involving the EFL and political stakeholders to discuss the ongoing challenges at Derby County set for later today has been postponed to allow for additional progress to be made by the administrators,” the EFL said in a statement about a proposed emergency meeting with Derby County. “It is now expected that the league and the administrators will sit down in the next 24 hours as we seek to resolve the outstanding issues to the satisfaction of all parties.”

“We’re willing to work night and day to find a solution to this to cut through the noise, to cut through the problems, but we do need that preferred bidder identified so that we’re all talking realities and practicalities,” Football League chairman Rick Parry said. “We can roll our sleeves up and get deals done and get solutions. The clubs involved are prepared to sit around the table. It isn’t a case of the guillotine will fall and that will be it” after February 1 if administrators are unable to show proof of funding. February 1 is the next point but that’s in response to the indications that we’re going to run out of money.”

Also, Read Aston Villa Sign Jill Scott On Loan From Manchester City

Written By

Click to comment

Leave a Reply

Newsletter FREE !

You May Also Like

Match Updates

Real Madrid advanced to the Champions League quarterfinals by crushing Atalanta 3-1 (1-0) in a replay on Tuesday at the Alfredo Di Stefano Stadium...

Football News

Bayern Munich’s new away kit for the coming season has been announced, with the German champions going for an eye-catching black and gold look...

Football News

In Arsenal’s Saturday afternoon defeat at Brighton, Matteo Guendouzi has avoided a FA ban for an altercation with Neal Maupay. Guendouzi and Maupay niggled...

Football News

Former learner Milan manager Roberto Mancini argued that Zlatan Ibrahimovic must be treated as highly regarded as Lionel Messi and Cristiano Ronaldo. Messi and...

Advertisement