What is the latest news with Derby County’s takeover situation amid Chris Kirchner situation? | OneFootball

The EFL announced yesterday that Chris Kirchner’s proposed Derby County takeover has been given conditional approval – the latest step forward in what has been a huge week for the Championship club.

In a statement, the EFL added: “The EFL and 9CK Sports Holdings Limited have agreed the terms of a Membership Agreement which will govern the conditions attached to the transfer of the share in the EFL and which ultimately will see the Club exit Administration.

“However, its final approval is subject to Mr Kirchner completing on the Asset Purchase Agreement and a deal being finalised in respect of a lease on the stadium by 31 May 2022.

“The EFL will continue to work with the relevant parties to ensure the best possible outcome for Derby County, its staff, players, fans, and the local community.”

Quiz: 24 facts every Derby County supporter should know about their club – Can you score full marks?

1 of 24

In what year were Derby founded?

1882 1884 1886 1888

On Monday night, the American businessman took to Twitter to reveal that contracts had been exchanged with the club administrators, Quantuma, and claim that he “will be the next owner of Derby County Football Club”.

The deal is conditional on a few final issues, including the ownership of the stadium, being sorted but Kirchner indicated he doesn’t anticipate any issues and also revealed that he would begin funding the club next week.

Quantuma confirmed the news on Tuesday morning, suggesting (via BBC Sport’s Simon Stone) that the exchange in contracts was “a very significant step towards the completion of the sale of the club”.

They added that the hope is for the takeover to be done before the end of May, with a deal for Pride Park looking likely to be the main obstacle at this point.

According to The Telegraph, a local businessman is in talks to buy the stadium and lease it to Kirchner, with negotiations said to be ongoing and promising.

The report also claims that the Rams’ prospective new owner has made handing manager Wayne Rooney a long-term contract a priority once the takeover is fully completed.