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What is the latest news with Chris Kirchner and his proposed takeover of Derby County?

With Derby County’s relegation to League One being confirmed a week ago, there are brighter times ahead for the club as Chris Kirchner continues to edge closer to completing the takeover of the club. 

In what has been a valiant effort from Wayne Rooney’s men, the club’s 21-point deduction has taken its toll. 

As a result of the complicated situation at Pride Park, Rooney has been left with quite a youthful squad this season, with the former Manchester United forward doing an excellent job with the club’s development and ensuring that there is a clear pathway from the academy to the senior set up.. 

Kirchner was selected as the preferred bidder by administrators Quantuma back near the start of the month, which represented a significant step in Derby’s quest to get themselves back to a stable position.

Following the club’s relegation to England’s third-tier, Kirchner took to Twitter to share his praise for the playing personnel at Pride Park, whilst providing somewhat of an update on how the takeover was progressing: “The task against the team this year was impossible as a 21 point penalty is as severe as anyone could imagine. Yet they fought. The perseverance, determination, and grit of this team has been unbelievable. Don’t blame the manager, the coaches, or the players. 

“This week we continue to move forward in a couple directions– planning on the squad and most importantly on our side the business plan to get the final approval on the OADT from the EFL. 

“We had to make adjustments with the 35p commitments to ensure that we start next year on 0 pts and also wanted to make sure we were planning for the correct division which we know now. 

“This will go to the EFL on Friday and we anticipate a quick turnaround from them

Read more on msn.com