Derby County: Administrators say Championship club has 'viable future'

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Derby County is still waiting to find out if they have broken spending rules between 2016-2018

According to administrators, Derby County has a "viable Future".

Quantuma, a business adviser firm, was appointed to handle Wednesday's deduction from the English Football League of 12 points.

Derby has "tens of million of pounds" in debts, but they have no plans to "tinker" with the playing side.

Andrew Hosking, joint administrator, stated that there is "a lot of interest in the club."

He said, "A lot of that was expressed before administration."

"Now that the club has been placed in administration, despite the points deductions and obviously the distress to the supporters and staff, we believe that it is possible to bring a positive conclusion to this story.

"We don’t consider the obstacles we face at this stage to be insurmountable."

Hosking, along with fellow Quantuma managing director Carl Jackson and Andrew Andronikou, are now in charge and looking for short-term financing to see the club through the next three month.

They claim that while there will be some redundancies it would not affect Wayne Rooney's position or the first-team squad.

"We need a manager for motivation. Hosking said that this was not something we considered.

"Positive dialogue and EFL"

Last Friday, the club filed a notice to appoint administrative officials. Owner Mel Morris described it as a "gut wrenching" decision.

Since 2015, he has been the club's manager. However, he had been trying to sell it since 2019, after having lost more than 200m in investments.

The Rams were left at the bottom of the Championship with minus two points. They could also be docked up to nine points for EFL charges related to their accounting practices.

"We have a positive conversation with the EFL. They want Derby County to survive. Jackson said that although we will defend our position, there is the possibility of further deductions.

"There are no guarantees, but we are confident that we (Derby), will fulfill the fixture list (this year).

"There is an opportunity to save the football club and to find a credible third party that will take it back to its former glory."

Derby will be back in action Saturday against Sheffield United. Manager Rooney will also speak to the media on Thursday.