VSI
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Notts County Sold To Local Businessman

Mon 19th Dec 2016 | Clubs Ownership

Notts County owner Ray Trew has confirmed the sale of the club after reaching an agreement with local businessman Alan Hardy.

Having held discussions with a number of prospective buyers in recent months a deal with Hardy was seen as the best option for all parties and both parties are now working towards finalising the agreement and completing the transfer of ownership in due course.

Ray Trew, who took over Notts when they were on the brink of being placed into administration in February 2010, said of the deal: "It has been one of the hardest tasks of my time at Meadow Lane to find a successor to my tenure of the club, but I feel that in Alan Hardy the Notts County fans will have found someone who they can get behind and believe in to usher in a new era that I hope will bring success and happiness for all involved.

"In handing over the reins of this great club, I am comfortable in saying that I have always given my all to the betterment of the World's Oldest Football League Club and whilst things haven't always gone as I would have liked, I have enjoyed some incredibly memorable moments during my time at Meadow Lane and leave the club feeling incredibly proud of the fact that the fans still have a club that they can believe in and support on to bigger and better things in the future.

"I would like to thank everyone who has played any part in the running of Notts County during my time at the club, there are far too many to name, but I hope that they know how much I appreciate the hard work and commitment that they put in to ensure that Notts battled through thick and thin over the years that I was at the helm.

"Football is an industry like no other and I have learned some valuable lessons along the way, but I wish Alan and everyone associated with Notts County all the very best for the future and hope that they bring the success that we all crave for the club over the coming years."

Alan Hardy was delighted to have reached an agreement over the purchase of the club, saying: "I am delighted to confirm that I have reached an agreement with Ray Trew to purchase Notts County Football Club.

"This follows a series of discussions over the weekend. As part of the agreement, I will be ensuring the club is able to settle a High Court hearing scheduled for Monday.

"There is still a considerable amount of work to be undertaken in the coming days and together with my team, we will be working around the clock to conclude our agreement and make a more formal announcement in the near future.

"I wish to emphasise my passion, desire and commitment to all Notts County supporters to drive this club forward."

Notts County will be making no further comment on the sale of the club until the deal is finalised and ratified.

Posted by: Aaron Gourley 

RETURN TO LATEST NEWS SECTION
SUBSCRIBE TO THE FCBUSINESS RSS FEED
 
If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Portsmouth Enter Possible Takeover Talks

Thu 23rd Mar 2017 | Clubs Ownership

Portsmouth Football Club has confirmed it’s in talks regarding a potential takeover. In a statement released by the club, they said: “Portsmouth Community Football Club would like to...

Walker Morris Advise On Leeds United Sale

Thu 5th Jan 2017 | Clubs Ownership

Specialist Sports Law Team at Walker Morris reinforces its national reputation for football club acquisitions/sales with the latest sale of Leeds United FC. Specialist sports lawyers at Walker Morris...

Aser Group Holding Acquires 50% Of Leeds United

Wed 4th Jan 2017 | Clubs Ownership

Aser Group Holding has completed its investment in Leeds United Football Club today. Leeds United Football Club has confirmed Aser Group Holding, through its acquisition vehicle Greenfield Investment...

Aldershot Town FC Appoint Three New Directors

Tue 22nd Nov 2016 | Clubs Ownership

Aldershot Town FC has appointed three new Directors onto its board, bringing decades of expertise and increased investment into the club. Lewis Scard is joined by Iain Ross and Stephen Mallett, whom...