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Derby County’s potential £2.5m insurance policy could end up saving them

Arsh Das by Arsh Das
February 6, 2022
in Football, Sports
0
Wayne Rooney Derby County

Via @HLTCO on Twitter

Derby County are in a difficult position this season, having 21 points deducted from them after being sent into administration. They are only seven points away from safety, and also have a number of backend issues that need to be dealt with. 

There have been talks about the Rams potentially going into liquidation over the season. However, nothing has happened as of yet. There have also been talks of potential buyers stepping up to take over the club, but debts worth £60 million have discouraged them from completing the move. 

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Derby County’s insurance policy revealed 

Administrators Quantuma must prove to the EFL that they have the funds to see out the rest of the season for the club. A meeting between all parties is expected to take place this week to discuss the near future of Derby County. 

EFL statement: Derby County update#EFL pic.twitter.com/WxxjHU9uli

— EFL Communications (@EFL_Comms) January 24, 2022

The former owner of the club, Mel Morris, has also challenged Middlesbrough and Wycombe to dispute their compensation claims in the High Court – but against him personally, rather than against Derby. 

There are now talks of whether a £2.5 million insurance policy can save the club from the effects of liquidation. This could encourage potential investors to take over the club and save it from its current state. 

They are currently exploring whether this would protect them even if Middlesbrough and Wycombe’s claims for breaching financial spending rules in previous seasons go through. Wayne Rooney’s team is set to face Hull City in their next game in the Championship. 

Tags: Derby County
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