Reliable journalist Alan Nixon has told Derby County supporters to hold their horses after some contract news this week prompted excitement about Chris Kirchner’s potential takeover.

The Lowdown: Buchanan signs

Kirchner announced on Twitter last week that he has secured a deal to become the new owner of the Rams, but it is still dependent on the sale of Pride Park.

Mel Morris’ ownership of the ground has been a huge roadblock throughout the takeover process, but a recent contract development had fans thinking maybe things were on the up.

Indeed, the news that the club have triggered Lee Buchanan’s contract extension seemed to imply a takeover was as good as done, given the fact that Phil Jagielka was unable to extend his deal in January due to the ownership situation.

The Latest: Not so fast...

After hearing of the developments on Buchanan, Nixon offered a worrying reaction, urging supporters to ease their excitement.

“Before anyone gets ahead of themselves…” he said on Twitter.

“Taking up contract options and making contract offers on time is SEPARATE from any suggestion takeover deal is done. It had to be then or players would walk. The takeover thing depends on stadium and is being worked on.”

The Verdict: Worrying

It is certainly worrying that the situation with the stadium is still not resolved – Kirchner only has until May 31 to complete the finer details on the takeover, so time is running out to pry the ground away from Morris.

Wayne Rooney’s team have already been threatened with more points deductions both for outstanding loans and separately for failure to pay playing staff, so the fact Buchanan’s contract is sorted is of course good, but it’s seemingly not the sign of things to come fans were hoping it was.

Time is ticking for Kirchner to get his deal over the line, and it looks like it’s all going to come down to Pride Park in the next seven days.