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Journalist reveals major update in Derby County takeover saga

Derby County are one step closer to coming out of administration after “major developments” behind the scenes, Journalist Alan Nixon has reported.

Nixon claims that Chris Kirchner, named as the preferred bidder for the club is “currently going through his ‘test’ and plans with the EFL” but that the American is expecting to be given the green light to takeover the club.

With former Derby County owner still owning Pride Park, there have been fears that this could be a major stumbling block in any potential takeover, but Nixon has also stated that progress has been made in this regard, too.

Nixon claims that “significant” progress has been made in buying Mel Morris out, with the local council looking to take over Pride Park and then lease it to prospective new owner Chris Kirchner.

Derby County. Kirchner move progress. Stadium deal update. Latest in full … https://t.co/vKkMSMx0tK

— Alan Nixon (@reluctantnicko) April 28, 2022

If the council can take ownership of the stadium, this means Kirchner would not have to deal directly with Mel Morris during the takeover process, with the pair said to have a relationship that “ended badly” last time they tried to do business.

Nixon’s sources say that the terms for repaying the rent should not be an issue, however, the council do want guarantees that Kirchner himself does want to buy the ground back from them within a certain timeframe.

The Verdict

It’s great to hear that progress is potentially being made with regards to Derby County’s takeover.

It has been a horrible two years for Derby County supporters and it seems that there finally may be light at the end of the tunnel.

The sooner the takeover is complete, the better, so that the club can properly begin to plan for the challenge

Read more on msn.com