Chris Kirchner is determined to complete his purchase of Derby County even though he missed the Friday deadline set by the club's administrators.
Although administrators Quantuma are now talking to other parties, and are understood to have made contact with the team handling MikeAshley's effort to buy Derby late on Friday, Kirchner remains in a strong position given his deal has been accepted and he has passed the English Football League's owners'
Derby's administrators said in a statement on Saturday that they wanted to assure all parties and supporters that they don't discriminate against any party if a bid is credible.
There are a number of parties who have expressed a desire to acquire the club.
According to Friday's update, Mr. Kirchner is one of the parties trying to provide us with evidence that he is in a position to complete the acquisition of the club.
The hold-up around the deal is that his funds are in a clearing account, waiting for anti-money-laundering approval. We don't know when these checks will be completed.
The appearance of Kirchner at Wednesday's Pro-Am was business related and eyebrows were raised.
The delays around completing the sale have led to huge criticism of Quantuma, while there have also been suggestions that Kirchner could have sorted his funding in a different way.
The administrators of Derby criticized the "level of inaccuracies reported" in relation to the takeover of the club, calling them "divisive and unnecessarily driving both a rumour mill and growing anxiety, uncertainty, and ill feeling amongst supporters".
They also clarified that that they are yet to receive any payment for their work, and "have accrued substantial out of pocket expenses". There had previously been reports that Derby's administration bill from Quantuma could reach £3m.
The release of next season's fixture list is less than two weeks away and the EFL is not happy about it.
According to the PA news agency, the former owner of Newcastle wrote to Quantuma saying he remained willing and ready to transact.
In his letter to Quantuma, seen by the agency, he made it clear that he didn't want to be treated as a contingency measure and would need some form of security before he could resume takeover talks.