American businessman Chris Kirchner has been named as the preferred bidder of Nottingham Forest’s East Midlands rivals Derby County.
The Rams have been in administration for almost seven months as a takeover saga has rumbled on at the club. The announcement of a preferred bidder has now been described as a ‘significant milestone'.
In a statement released by the club’s administrators Quantuma, the update was confirmed. “We are delighted to be able to name Mr Kirchner as preferred bidder, which the Joint Administrators consider represents the best deal for creditors and one which will secure the long-term future of the Club," said Carl Jackson, joint administrator.
