StrandedMr Angry Revealed today that Derby owe £15M to a US Investment fund called MSD Holdings; the fund have announced that they hold collateral worth more than the principle and interest.
In other words, they have a call on the only tangible asset Derby have - Pride Park.
Any new owners will have to pay that debt off or else risk the US firm demanding that they sell the ground in order to pay them back.
What a mess!
Their fans seem convinced that HMRC will cut a deal. They likely will. But 28m is relatively small change to the Treasury so there is a strong argument to write that off and liquidate if necessary if it helps ensure the other 91+ professional clubs pay up.
HMRC have been out to make an example of a club for ages... usually the one starting the push iirc