Derby County enter administration amid ongoing financial problems
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 Published On Sep 22, 2021

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Derby County have entered administration amid ongoing financial problems at the club.

Andrew Hosking, Carl Jackson and Andrew Andronikou, managing directors at business advisory firm Quantuma, have been appointed joint administrators of the Sky Bet Championship club, who according to owner Mel Morris are losing between £1.3m and £1.5m per month.

Hosking said: "Covid-19 has had a significant impact on the finances of the club and its long-term ability to continue in its current form. "We recognise that with the commencement of the 2021/22 season last month, this news will be of concern to stakeholders and fans, in addition to the city of Derby and the wider football community.

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