Nottingham Forest's arch-rivals Derby County have been told a preferred bidder for the club could be named by the end of the week with multiple bids on the table for the Rams.
In a fresh update issued this afternoon, representatives of Team Derby which consists of MPs, the city council and Marketing Derby met with administrators Quantuma to discuss the ongoing crisis at Pride Park.
Having been in administration since September, the Rams are still yet to be sold with the club now staring at League One football next season.
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But according to a meeting that took place earlier today, there could finally be some movement with Mike Ashley thought to be among the interested parties interested in buying the club.
"Quantuma confirmed there are multiple bids and expressions of interest and are now in the final stages of clarification. Quantuma believe they will be in a position to select a preferred bidder by the end of the week.
"Whilst understanding the complexities, Team Derby shared frustrations about the pace of progress and encouraged Quantuma to move as quickly as reasonable and to continue to communicate with stakeholders," a statement read.
"It is important to note that alongside the key financial elements of bids there are wider factors to consider to ensure long-term sustainability of the club. Community engagement, ensuring the club is welcoming to all and the new owner's commitment, the wider role the club players in people's lives throughout the city and beyond - all of these are crucial factors.
"Our primary concern remains, not only the survival of Derby County, but the impact of this continuing uncertainty on the wider community of Derby and surrounding areas - the fans, communities and businesses - whose passion continues to bring an incredible energy and profile to attempts to save the club."
