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Bleak prospects at Derby

No football fan can be happy with what has happened at Derby County, but it is a blatant case of financial mismanagement.   Championship clubs too often overspend in the hope of trying to reach the Premier League, but Derby have also tried to bend the rules. The Athletic  has been speaking to people with knowledge of the club’s financial position and they have not been very upbeat. “It’s 50/50 they get liquidated,” said one source, while another said: “I can’t see how they get out of this — they’re ****ed.”  The picture they painted in such depressing tones was one of a club that is worth less than nothing. Much less.  They said any prospective buyer would need to shell out more than £50 million simply clearing Derby’s debts before spending a penny on rebuilding the club and putting a competitive team on the park. This is because the club has football creditors, who must be paid up to £10 million in full, as well as secured debt of £20 million owed to an American private equity f
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