Derby County’s shirt sponsor 32Red has offered to bring forward payments to help the Rams mitigate their current financial issues and have reiterated their commitment to the club, according to a report from The Athletic.
Last week saw the East Midlands club appoint administrators and drop to the bottom of the Championship following their 12-point deduction.
Reports have suggested that players may be asked to defer part of their salaries and that Steve McClaren is set to be axed as part of the administrators’ plans to help the Rams through the current crisis.
Derby may also be aided by their shirt sponsor 32Red as The Athletic has claimed that the betting company has offered to bring forward payments to help them get through their current financial difficulties.
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It is understood that under the terms of the agreement between the two parties, 32Red could potentially have walked away but have reiterated their commitment – at least until the deal expires at the end of 2021/22.
A number of prospective parties have been linked with a takeover but it is said it will cost any prospective buyer more than £50 million just to clear the club’s debts.
Have Derby County ever been involved in these 18 scenarios?
This looks like a huge boost for the Rams as not only is 32Red not walking away, as the terms of the agreement are thought to allow, they’re offering to bring forward payments to help keep the club afloat.
That could end up being vital for Derby, particularly in the search for new ownership goes on longer than planned.
Lots has seemed to go against the East Midlands club in recent weeks, so some good news will be well received by supporters.
That said, they won’t be celebrating until a new buyer is found and the current threat to the club has passed.