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Jordan's verdict on collapse of Derby takeover, backs club to 'find solution'

talksport.com, 14 June 2022, 13:30
talkSPORT's Simon Jordan believes Chris Kirchner abandoned his bid to buy Derby County due to 'buyer's regret.

However, the talkSPORT pundit and former Crystal Palace has backed the club to 'find a solution' and get a deal over the line with another buyer interested - Mike Ashley.

American businessman Kirchner's attempted takeover of Derby collapsed after he officially withdrew to buy the relegation Championship club on Monday.

That news came after doubts over the deal grew last week, with the multi-millionaire complaining of difficulty in transferring the funds needed to complete the transaction from the United States to the UK.

The deal is now dead in the water, plunging the club and the futures of their players and manager Wayne Rooney into uncertainty

Derby currently have just five senior players under contract, with pre-season set to get underway later in June.

However, despite the clubs woes, Jordan believes the Rams will eventually 'find a solution' with former Newcastle owner Ashley still interested.

"When we talk about these things, we are not the ones doing the deals," Jordan said on Tuesday's White and Jordan show.

"You have to take at face value what people tell you. If you're asking the people of influence, you take them at face value, whether you're asking previous owners, EFL, or asking the administrators.

"It is not my cheque book that is writing the cheques. He has the money, and has proven that to the EFL, so he has the means to do it.

"I am trying to work backwards as to the reasons why he won't do it.

"When I watched him on the golf course last week [at the LIV Golf pro-am series in Hertfordshire], and he would not talk to anybody [about the Derby takeover], I thought to myself at the time he is not going to do this deal.

"Then I talked myself into it that he would do it, because he is committed into a deal. Why would he want to carry on the way he has? And put a non-refundable deposit down of about £2million?

"If you look at Chris Kirchner, Goldman Sachs investment bank have about £60million in the business he owns at a certain multiple, with his business worth around £200-300m.

"I think there is an element of potentially walking up to the finishing line and an element of buyer's regret.

"Other investors who he has businesses with, maybe saying 'why do you want to do this?'

"I do believe Derby will not go into liquidation and a solution will be found, and that could well be [Mike] Ashley."

Whilst Ashley may not be a fan favourite at Newcastle, to a Derby fan, he could well be the shining knight on a white charger who comes in to save the club and give the fans a team to support, rather than seeing it die.

The cheaper Ashley buys the club, could mean a bigger fund of investment to rebuild the Rams' playing squad and support the current manager, who has insisted he wants to stay.

Speaking after the club's relegation to League One was confirmed, Rooney said he was 'proud' of his team and wanted to stay on to help bring the good times back to Pride Park.

"The takeover has to happen," said Rooney.

"If it doesn't I fear for the club. It has to [go through]. If it happens, I want to rebuild the club.

"This is a special club, I've said all along. I want to try and bring the happy days back."

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