Source: Team_Talk
Trembling seals County takeover
Trembling has paid a nominal fee to the Middle Eastern consortium only five months after they took control at Meadow Lane and revealed Sven-Goran Eriksson will stay on as director of football.[LNB]Magpies chief executive Gary Townsend will be asked to join the board of directors and Sir John Walker will stay on as a director.[LNB]Trembling said: "I would like to thank Munto Finance for the way they have conducted the sale of the football club.[LNB]"They have been responsible for changing the outlook of a club which has previously finished in the bottom six of the Football League for four times in the past five years.[LNB]"Now we cherish ambitions to secure promotion this year and deliver sustainable progress into the Championship and beyond."[LNB]Trembling has already passed a Football League fit and proper person test and revealed he will be seeking new investment.[LNB]He added: "This is clearly an important day for the club and one which will hopefully draw a line under several weeks of speculation.[LNB]"I must stress, however, that a great deal more still needs to be done if we are to fulfil our ultimate objective of Premier League football.[LNB]"We have restructured the ownership of the football club in order to secure new and prolonged investment and we anticipate this will be an ongoing process.''[LNB][LNB]
