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Notts County FC
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- Founded:1862
- Manager:Paul Ince
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- Next Game: 18-Feb-2012 15:00
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- Last Game: 14-Feb-2012 19:45
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County on verge of takeover
04 Jun 2009 - 09:57:49
League Two club Notts County are poised to be taken over by a Middle East consortium.
Chairman John Armstrong-Holmes has revealed that Munto Finance Ltd is on the verge of completing a buyout at Meadow Lane.
"At a specially convened club board meeting held on Tuesday evening, the club board discussed the proposal from Munto which was accompanied by proof of funds and unanimously agreed to recommend its acceptance to all shareholders," he told the club's official website.
"Two of the Munto group, Peter Trembling and Peter Willett, were appointed to the club board with immediate effect to assist in the process.
"Munto is eager to complete the deal as early as possible to plan for next season and, subject to shareholders agreeing to it, the takeover could be completed within a few weeks."
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