Football finance expert gives Derby County verdict, Pride Park update revealed

The latest Derby County headlines, presented by DerbyshireLive on 26th May 2022…

Financial expert compares Derby County to Wigan Athletic

Derby County could follow a plan by Wigan Athletic to bounce back from financial difficulties and restore success at Pride Park. The Latics proved that administration doesn’t always wipe out success after regaining promotion to the Championship this season as League One title winners.

Kircher’s deal to buy Derby involves paying 35p a pound to non-football creditors over three years, ensuring Derby don’t suffer a points deduction, giving them a clean slate to attack the season. And Maguire thinks Kirchner can focus financially on building a squad in the short term.

“The big positive you can take from this is that look at Wigan Athletic,” finance expert Kieran Maguire told DerbyshireLive.

“They went into administration and just came out as champions. I saw one of their directors on Monday, I spoke to him and they seem very, very happy with what happened there.

“While Chris Kirchner has to build the asset base in terms of squad, he doesn’t have to worry about creditors. They won’t have the same bills to pay in the short term, especially assuming he takes the three-year 35 percent option on leaving administration.

“He can effectively park this bus. What happens when Derby returns to the Championship is who knows? The way he says it’s sort of a Sunderland budget in the Premier League and a Wycombe budget in the Championship. Then the impatience of the fans starts to appear. But it could be that, having had the experience of Mel Morris, the fanbase want a sustainable club as opposed to one living beyond their means.

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League One rivals pull off race to sign Derby County transfer target

Portsmouth have pulled out of the race to sign Hartlepool United forward Luke Molyneux as the striker continues to be linked with a move to Derby County.

Molyneux has reportedly attracted interest from the Rams as the forward, who is available for a free transfer, has so far been unable to sign a new deal in the North East.

Derbyshire Live have learned Molyneux is considering a change of agent as the race for him heats up, but he will not travel to Portsmouth, who have pulled out of a potential move.

Pompey boss Danny Cowley has been eyeing the forward but opted not to make a move for Molyneux, who scored 12 goals for pools last season.

Derby have a chance to develop a new forward line next season should the Chris Kirchner acquisition be completed with just six players at the club next season.

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New documents reveal Pride Park update

The Mel Morris firm, with which Derby County bought Pride Park, has released its latest reports.

Figures show former Rams owner Morris still values ​​the stadium at £81million, although his asking price for the sale of Pride Park is reportedly around £22million. American businessman Chris Kirchner cannot complete his acquisition until he either owns or leases the stadium.

It was reported last week that local property firm Clowes Developments would strike a deal to buy the stadium, although they were quick to respond to refute the claims. The plan was for Derby City Council to buy the stadium and lease it to Kirchner, although Morris’ asking price is said to be too high for this to be possible.

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Called up Rams duo for international deployment

Derby County’s Jason Knight and the outgoing Festy Ebosele have been called up to the Republic of Ireland squad for their Nations League encounters next month.

Ireland face a hectic schedule of four games in 10 days as they play Ukraine, Scotland and Armenia home and away. Knight was a regular for Ireland under Stephen Kenny and has won 11 caps for his country to date.

It is Ebosele’s first senior call-up to Ireland following an impressive season with the Rams. But he is set to join Udinese this summer after signing a preliminary contract with the Italian side.

The U21 winger scored twice and provided one assist in his 37 games for Derby last season.

News of the duo’s addition to the Ireland squad comes after Rams striker Bartosz Cybulski was called up to Poland U20 side to face Italy next month.

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