skip to content

33

Notts County Football Club

  • Nickname:The Magpies
  • Founded:1862
  • Manager:Chris Kiwomya
  • Ground:Meadow Lane
  • Capacity:20300
Next Game: 09-Aug-2014 15:00
Notts County

VS

Preston North End
Full match preview
Last Game: 03-May-2014 15:00
Oldham Athletic1

VS

Notts County1
Full match report

Magpies takeover approved

20 Oct 2009 - 16:05:53

The Football League has finally ratified Notts County's takeover by Munto Finance.

Munto is a special-purpose acquisition company of a Middle East-backed investment fund based in Switzerland.

They completed the buyout of the League Two club three months ago and promptly brought Sven-Goran Eriksson to Meadow Lane as well as promising to invest millions of pounds into the club.

However, there had been doubts about whether the deal would be approved because of the mystery surrounding the identity of the club's owners.

A statement from the Football League read: "The structure of the club is complicated, and features both offshore entities and discretionary trusts.

"Together with the initial hesitation of the club's ultimate owners to identify themselves, this made for a lengthy and at times difficult process.

"However, following greater co-operation from the club more recently, the Football League is now in a position to confirm that it is in possession of the appropriate details for those individuals that exercise control over the club."


Related Notts County News

Add Your Comment

Return to top

*All fields required, your email address will be kept private