Derby County trustees ‘react’ to EFL statement as takeover demands emerge
Derby County trustees Quantuma have “assured” the EFL they would be able to fund the club until the end of March.
Quantuma made contact with the EFL on Wednesday afternoon, according to the Telegraph, and outlined its near-term funding plans.
With enough money to keep the club running for another four weeks, Quantuma secured some breathing room.
The EFL, however, are “still seeking clarification” on the funding until the end of the current season.
What remains unclear is where the funding Quantuma insists is coming from, with possible sources including lender MSD or an interested buyer, with the directors having already contacted the former.
Earlier today (Wednesday), the EFL issued a statement saying it was “deeply concerned” about the lack of progress.
Their statement, released just after midday, said: “The EFL takes note of the statement issued today by Quantuma (Derby County Trustees) but remains deeply concerned at the lack of any form of substantial progress in concerns outstanding matters affecting the Club.
“Despite a request for an update almost 48 hours ago, there has been no communication from the administrators with unanswered correspondence and calls from the EFL.
“As a result, the EFL still has no further information on preferred bidder status or proof of funding until the end of the season and has advised the administrators that the lack of progress on these two issues criticism, among other things, threatens the very future of Derby County Football Club.
“The EFL has again written to the administrators requesting an immediate response to its queries so that the necessary and exceptional clarifications are provided, not only for the League, but also for the benefit of the other stakeholders of the Club, including its supporters. and the local community.”