Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

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

Notts Couty could be taken over

Thu 11th Feb 2010 | Clubs Ownership

It's understood that Notts County are on the verge of being taken over by a mystery group according to Skysports.com.

The League Two club need new investment to pay off their debts after having been served with a winding-up petition from HM Revenue & Customs over an unpaid six-figure tax bill.

Executive chairman Peter Trembling and director of football Sven-Goran Eriksson completed a management buyout at Meadow Lane in December and have been seeking new investors to secure the future of the League Two club.

A proposed takeover by a group of local businessmen headed by Sukhi Ghuman, founder of Nottinghamshire company Octavian Security, fell through last week to plunge the club's future into doubt.

However, a new consortium has come to the table and is now ready to gain control of the Magpies.

Talks are understood to be at an advanced stage and the deal is still in the process of due diligence.

The takeover could see Eriksson and Trembling both leave the world's oldest professional club when the new regime gains control.

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

Related Articles

Ossett Albion Takeover Brings Readymade Academy

Wed 13th Sep 2017 | Clubs Ownership

The founders and directors of Unita, a local based facilities management company, have taken the reigns at Ossett Albion in a move which sees the EVO-Stik North club inherit a ready-made football...

Southampton Secures Chinese Investment Partners

Mon 14th Aug 2017 | Clubs Ownership

Southampton Football Club has announced the formal conclusion of talks which will see Chinese businessman Mr Jisheng Gao take a stake in the Premier League club. In a letter to fans issued on Monday...

Altrincham FC Seek New Investment

Thu 13th Jul 2017 | Clubs Ownership

At a recent Extraordinary General Meeting, the shareholders of Altrincham Football Club passed a series of motions which will now allow the club to bring in new investors. A new controlling share in...

Hartlepool United Announced Club Restructure

Wed 28th Jun 2017 | Clubs Ownership

Hartlepool United Chairman, Pam Duxbury has announced the first phase of the club’s restructure following relegation to the National League and subsequent resignation of Gary Coxall. Coxall...