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Derby County's immediate future is far from certain with yet their proposed takeover on the verge of collapse.

Chris Kirchner has been given a non-negotiable final deadline of Friday (June 10) at 5pm before Derby's administrators Quantuma scrap their dealings with him.

The American businessman was first named as preferred bidder on April 6 but despite having his period of exclusivity extended twice, he has repeatedly failed to get the deal over the line. The English Football League ( EFL ) released a statement on Thursday night, saying they were "incredibly disappointed" by yet another snag.

Derby were relegated from the Championship last season, after a 21-point handicap proved too big a hurdle to overcome. As it stands, the Rams have just five players contracted for next season as they look to somehow mount a promotion challenge out of League One.

Their wafer-thin squad includes the midfield quartet of Krystian Bielik, Max Bird, Jason Knight and Louie Sibley as well as young centre-forward Jack Stretton. A whole host of players have contracts that end later

Read more on msn.com