We previously reported that the championship team Derby County entered the trusteeship stage after declaring bankruptcy and was deducted 12 points. According to the athletic, any investor who wants to take over Derby County now needs to spend ￡ 50 million to repay the club’s debt.
Derby County officially entered bankruptcy custody on Friday night local time. Club owner Mel Morris has been looking for a buyer. He attributed the business failure to the impact of the new crown epidemic and the implementation of the financial equity act.
The Atlantic reported that any buyer who wants to buy Derby County must first pay off at least £ 50 million in debt. It is said that Derbyshire creditors will have compensation of up to 10 million pounds, and they also owe a guaranteed debt of 20 million pounds to an American private equity company. In addition, Derbyshire has a tax bill of nearly ￡ 30 million.