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Derby County: Agent Paul Stretford faces no penalty over loan to pay wages

Paul Stretford (left) was pictured with Chris Kirchner at Pride Park in November

Wayne Rooney’s agent Paul Stretford is confident that neither he nor his company will face court over a loan it made last month to pay Derby County wages.

The Football Association is investigating the payment, made in early June at the request of then-potential owner Chris Kirchner, whose own funds were not settled on time.

The money – believed to be around £1.6million – was handed over to the club’s managers, Quantuma, pending the release of Kirchner’s funds, which at the time were still believed would eventually arrive.

Without them, Derby would have risked another point deduction, having already lost 21 points from last season’s total due to various financial and administrative issues, resulting in relegation to League One.

A spokesman for Triple S Group said: “We are aware of the FA’s routine investigation – indeed it was Triple S Group who voluntarily passed the information to the FA, which has led to further investigations.

“We were surprised that details of this investigation have appeared in the press while the investigative process is ongoing. Regardless, Triple S Group is confident that legal advice was originally sought and will continue to work fully with the FA to resolve this matter expeditiously.”

` Sport understand that when Kirchner made his request for funding, Triple S officials spoke to legal experts who said it would be fine to make the payment.

While Stretford has been named in many reports and has had close ties to Kirchner over the course of the proposed takeover – and sat at Derby games with the American – it is stressed that Rooney’s longtime agent does not own Triple S, with his family holding a minority stake in the company Company that also services England and Manchester United defender Harry Maguire.

Debate over Kirchner’s offer had raged for weeks, reaching a fever pitch on June 8 when ` Radio Derby commentator Ed Dawes reported that the American’s attempt to buy Derby was likely to fail and that the wages would be paid by a close third party have been paid club.

Kirchner denied the Dawes story, but announced five days later that he was withdrawing from the trial.

He then told ` Sport that he only knew 24 hours earlier his attempt to buy the club would not be completed when he was pressured by board members who complained that Derby was in the process of selling his US company’s Slync became a distraction – and asked him to disconnect.

Kirchner says the whole process has cost him money and it is understood Triple S will seek payment of the wages back from him rather than the club’s administrators.

` Sport was told earlier on Tuesday that the proposed bailout bid by local businessman David Clowes expected to go through on Wednesday.

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