Derby County: US investment group reveals £15m debt owed by Championship club

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Administrators are hopeful that Derby County will find a buyer.

Derby County owes MSD Holdings 15 million, as confirmed by the US investment firm.

This information is contained in MSD's annual financial reports.

MSD is a prominent presence in English football. They lend money to many Premier League and Championship clubs including Burnley and Derby.

Last month, the Rams were forced into administration due to spiralling losses. This triggered a 12-point deduction.

MSD stated that it has made "loan investments" in four UK soccer clubs at an amortised expense of $208m (153.47m). They also said that they believe the company's exposure will increase over the next years.

In recent years, it has been a common practice for Premier League clubs in order to borrow TV money before central distribution in order to allow more flexibility in the transfer marketplace.

Derby, as a club in the second tier, has no access to these funds.

MSD also confirmed that one of the underlying borrowers in connection with a 15m loan went into administration.

The statement stated that the company had collateral that was greater than the outstanding principal and interest on the loan.

It is believed that this is against Derby's Pride Park Stadium.

Derby are also known to owe HMRC more than 20m. They also owe significant sums to other creditors such as former manager Phillip Cocu and ex-captain Richard Keogh. Arsenal has deferred 8m of the remaining 8m owed to Krystian Bielik, Polish defender.

32Red, the club sponsor, offered to pay advance payments for the rest of the season in order to help Derby in the immediate term. However, the administrators stated that they would need to borrow money at some time.

You can listen to the BBC Radio Derby latest podcast here about Pride Park.