Derby County takeover news LIVE: Quantuma issues strong 490-word statement and Mike Ashley is latest

The fans are desperate

Derby County fans are far from happy after Quantuma administrators gave Chris Kirchner a deadline of less than 24 hours to complete his takeover of the club.

Kirchner was close to finalizing his purchase of the Rams before issues regarding the transfer of funds surfaced. Quantuma’s administrators gave Kirchner a 5 p.m. deadline on Friday, June 10 to complete his deal to buy Derby County.

In a statement, the directors said issues at the time of the May 16 contract exchange with Kirchner had been resolved, but “some logistical issues mean completion has yet to occur.”

They say: “As a result, the joint administrators have taken the decision to engage with other interested parties as an emergency measure.

“The sale and purchase agreement with Mr. Kirchner currently remains in place and Mr. Kirchner has had until 5 p.m. on June 10, 2022 to provide evidence satisfactory to the directors that he is able to enter into, subject to subject to EFL approval.

“We are aware that fans and stakeholders are concerned about the lack of official communications. However, it is not appropriate for us to comment further on the current situation as there is commercial confidentiality which must be protected.

“We can, however, confirm that there is a real will among all parties to reach an agreement as soon as possible.”

The EFL have since issued a statement saying they are “incredibly disappointed” with the news from Pride Park. They add: “It is imperative that this issue is resolved as a matter of urgency. The league will continue to engage with Quantuma as they are now in discussions with third parties and will support the club as appropriate as they seek to exit the club. administration.”

@rosehatton_: Heads gone with all that. Doesn’t feel like a light at the end of the tunnel right now. I just want my club back.

@RyanJonesSEO: “Incredibly disappointed.” Incredibly disappointed? My word. Football is not just a game for many people, it is a way of life! I really can’t understand how it was allowed to come to this. To see my Football Club die… I have the words. No words.

@Jamie_Probert1: It’s an absolute mess.

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