Further fallout from Chris Kirchner’s failed Derby County takeover bid emerges | OneFootball

Chris Kirchner is set for a further financial blow in the wake of his failed takeover of Derby County in June, as a court has ruled that he has to pay back money owed to football agent Paul Stretford, reports Alan Nixon.

The decision has been made in Kirchner’s home country of the USA, with it being the latest setback for the businessman after his purchase of the Rams failed to materialise after being granted preferred bidder status all the way back in April.

Since the takeover collapsed, Kirchner has since been suspended by Slync.io from his role as CEO, with reports of employees not being paid for months and executives who questioned the financial state of the company fired.

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John Brayford?

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It was reported back in July that Kirchner was seeking £1.68 million from Derby’s former administrators Quantuma following the payment of player wages at the club in May, even though it was funded by Stretford’s agency Triple S, who came to an agreement with the American to pay the salaries.

Stretford, who was seen with Kirchner along with ex-Manchester City chief Garry Cook before his first offer for the now League One club back in December, is also the agent of Wayne Rooney and was set to play a major role in Kirchner’s operation should he have secured County.

However, it has now been ruled that Stretford is owed money by Kirchner, with the bill now totalling in excess of £2 million, with Nixon claiming that Kirchner will now undergo a hearing at the ‘local sheriff’s office’ to assess his finances before working out how he will pay the debt.

The Verdict

Kirchner has not had the best few weeks with the allegations surrounding his name, and it does beg the question how both the EFL and Quantuma let it get as far as it did.

There were major concerns for a number of months but now it appears that with the American not finalising the deal, it was a blessing in disguise.

In the end it has worked out for Derby, who are now owned by a local businessman who is a lifelong fan of the club in the form of David Clowes.

Results are good on the pitch following a plethora of new arrivals and there is a genuine feel-good factor at Pride Park now – Kirchner is long in the history books and now it’s up to him and Stretford to sort their issues away from the club.