I actually think EFL themselves have a bit of a problem, as their rules prevent them from denying a place to any entity (club) who pass certain criteria, and that includes 'phoenix' clubs. If EFL DID force liquidation, unlike other phoenix clubs, Derby's could be massive (and debt free, making it very attractive to an investor). Would they dare to put us down at tier ten, where we would be thrashing the likes of Lichfield City week after week? Not good 'optics' for the EFL. At any level below the Championship a 'New Derby', debt free and with a relatively massive fan base, could be a real thorn in the EFL's side