sport news Derby: Championship expulsion could be avoided with Mike Ashley and two other ...
Derby could AVOID expulsion from the Championship despite threat of liquidation as Mike Ashley and two other parties remain in the takeover hunt... with administrators set to be granted a stay of execution if they can show signs of progress Derby could be spared Championship expulsion despite their financial woes The cash-stricken club are facing liquidation amid debts of almost £60million Administrators Quantuma must prove they have funds to complete the season But if they show signs of progress this week, they are unlikely to be expulsed Three potential bidders, including Mike Ashley, are still hoping to take over
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Derby may be granted a stay of execution that will allow them to continue to compete in the Championship, despite the threat of liquidation.
The EFL had indicated Derby’s administrators Quantuma, who have yet to name a preferred bidder, would have to prove by next Tuesday that they had the funds required — believed to be about £5million — to complete the season, or risk expulsion from the
