Takeover bids hit troubled waters

Takeover bids hit troubled water.

Stuart web and his consortium have been said to be unable to raise the cash for a takeover bid

The proposed bids that have been prepared by two rival consortiums are said to have been hit with problems.

The consortium headed by Stuart Webb has been rumoured to have been unable to amass the amount wanted for a takeover at Pride Park. This after being given time to come up with the required cash.

The rival bid of former directors Peter Gadsby and John Kirkland was said to have been worth between £10m to £15m but had a proviso that at least one prominent player in the club needed to be sold. This is now not an option as the transfer window is closed and will not re-open until January. This may prove to be too late for the future of the Rams…

Questions now have to be asked as to why this situation has been allowed to occur. Derby County Football club now looks inevitably to be going into administration.

Peter Gadsby who headed the rival consortium bid for the Rams now can't sell a player to raise much needed cash if he where to take control of the club

The PFA (Professional Footballers Association) has now become involved in the non-payment of player’s wages for the past month. The Football Union is to contact Derby County in a bid to clear up the situation regarding its members. Derby County have not had a Union rep at the club since Darryl Powell left in the summer.

The banks are believed to have blocked the release of all monies for the August salaries.

The PFA are to seek assurances that outstanding money will be paid in the near future.