Kirchner's bid to buy Derby accepted

American businessman Chris Kirchner has had his offer to buy Derby County accepted after detailed talks with the club's administrators over the past few days.

Kirchner appeared to be out of the running to take over Derby when he withdrew his original offer just before Christmas and turned his attentions instead to Preston North End.

But talks with Preston broke down last week and he has now been named as Derby's preferred bidder.

A statement from Derby's joint administrators read: "Following a rigorous and well-documented marketing process, the joint administrators of Derby County Football Club have accepted an offer from Chris Kirchner to acquire Derby County Football Club out of administration.

"This follows receipt of his recent bid for the club. The bid is for the purchase of the football club only with the terms of the club's ongoing occupation of Pride Park stadium to be negotiated with external stakeholders.

"Mr Kirchner had initially expressed an interest in acquiring the club in late 2021, and the joint administrators have welcomed Mr Kirchner's renewed interest.

"Discussions have taken place with key stakeholders, and Mr Kirchner has been named as the preferred bidder for the club, with immediate effect.

"The joint administrators have entered into a period of exclusivity with Mr Kirchner and his advisers, during which further operational, commercial and contractual discussions will take place."

As preferred bidder, Kirchner will have exclusivity in accessing all of the club's confidential accounts, and give him preferential status to complete a takeover of the club.

Any change of ownership is unlikely to happen for two months at least, Sky Sports News has been told, and there are still many more barriers to