
Originally Posted by
Ericsladkilnhurst
Derby County in administration - Ownership - Bidders - EFL - Stadium - Debts - HMRC -
Pride Park Stadium owner - Mel Morris
Derby County FC owner - Mel Morris [ Club in administration ]
Administrators, Quantuma appointed by - Mel Morris
Interested bidders for Derby County FC - [1] Mike Ashley / [2] Binnie family / [3] Andy Appleby [ Consortium ]
News -
Mike Ashley - Reported pulled out of bidding, after a offer was rejected. [ Reported £25m ] for the club.
Binnie family - Reported pulled out of bidding, after a offer [ Reported £30m ] for the club & stadium.
Andy Appleby [ Consortium ] - Reported only interested bidder left, [ Reported £30m ] bid for the club.
Andy Appleby was former chairman of Derby County 2008 - 2015 sold his stake in the club to Mel Morris,
Appleby is founder & chairman of General Sports Worldwide, a sports marketing & management agency.
On his companies board, he has ex-Derby County chief executive officer Sam Rush, & former Wolves
chief executive Jez Moxcy.
Bidders - Reported Mike Ashley may come back to bid on the club.
Debts - HMRC reported owed £29m [ HMRC now preferential creditor, paid first, before other football clubs ]
Debts - MSD Capital reported owed £20m, secured against Pride Park Stadium
Preferred bidders - Have to provide a detailed business plan to the EFL, with proof of funds to cover the
budget of the club, for the first 2 years, estimated £30m to £50m.
EFL - Under EFL ruling money owed to other football clubs, [ Derby County owe £8.3m ] must be paid in its
entirety, or the clubs licence to play in the football league could be put at risk.
All creditors have to receive 25 pence for every £ they are owed, or more points deducted could follow.
HMRC debt - It would seem that the administrators are hoping that the HMRC, will accept 25 pence in each
£ of which is owed.
Administration - Derby County have been in administration for 5 months, & could have a serious threat of
liquidation if a new owner is not found.