Chief executive Tom Glick maintains Derby are on a sound financial footing after the latest accounts show the club has reduced its debt significantly.
The report revealed net losses of £14.9million but shows the total debt was reduced to around £23million from £31 million, with the current total standing at around the £15million mark.
Glick said: "The accounts filed take us up to the first year-and-a-half of our ownership of the club and, of course, we have had nine months in which we have kicked on since then. The story we feel it tells is one of a company in a very sound financial condition."
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