Takeover step closer for Rams

CHRIS Kirchner’s ownership of Derby has been given conditional approval by the English Football League after contracts were exchanged for the sale of the club with administrators Quantuma.

In a statement yesterday, Quantuma said the sale is targeted to be complete by May 31.

“The EFL Board has today given its conditional approval to the proposed acquisition of Derby County Football Club by the company controlled by Mr Chris Kirchner (9CK Sports Holdings Limited),” a statement from the governing body read.

“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 May 31 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 local community.”