Delay from Derby County administrators over funding is 'threatening club's future', EFL says

The English Football League has said the delay from Derby County in confirming its funding for the rest of the reason is "threatening" the club's future.

In a statement released on Wednesday, March 2, the EFL said they were "deeply concerned" by the lack of progress as the future of the club remains at risk.

It said: "The EFL notes the statement issued today by Quantuma (Derby County Administrators) but remains deeply concerned at the lack of any form of substantial progress in respect of the outstanding matters affecting the Club.

"Despite requesting an update almost 48 hours ago, there has been no communication from the Administrators with correspondence and calls from the EFL going unanswered.

"As a result, the EFL still has no further information on the preferred bidder status or evidence of funding until the end of the season and has advised the Administrators that the lack of progress on these two critical issues, amongst others, is threatening the very future of Derby County Football Club.

"The EFL has once again written to the Administrators requesting an immediate response to its questions so that the necessary and outstanding clarification is provided, not only for the League, but also for the benefit of the Club’s other stakeholders, including its supporters and the local community."

What's happened so far with Derby County?

The English Football League asked Derby County's administrators for an "urgent update" on how the club will be funded for the rest of the season.

On January 27 the EFL and the Championship club’s administrators, Quantuma, agreed a four-week extension to the deadline to provide proof of funding.

The EFL has now stated it has still not received this evidence, nor any information from the administrators concerning a preferred bidder.

"On January 27 the EFL and Derby County’s administrators, Quantuma, announced a four-week extension to the deadline for the provision of evidence of sufficient funding to complete the current season,” the league said in a statement.

"The administrators have not yet provided that evidence, and we await an urgent further update from them on both that and the announcement of a preferred bidder."