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Notts County are put up for sale


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Notts County's owners Munto Finance have put the club up for sale, reports BBC Radio Nottingham.

It is understood that Munto are already in contact with interested parties.

One option is thought to be a buyout involving director of football Sven-Goran Eriksson and executive chairman Peter Trembling.

Munto only bought the club in July and revealed ambitious plans to transform the League Two strugglers into a Championship side within five years.

The new owners promised to invest millions of pounds and a host of new players arrived at the club before the close of the transfer window in August.

Former England international Sol Campbell was a high-profile early capture, but infamously left the club after just one appearance.

And then manager Ian McParland also left Meadow Lane in October despite the fact the club were in the League Two play-off spots.

Since then, Notts have stayed in the running for promotion and are just two points off the top three.

But the club have constantly been in the headlines since the summer takeover.

Mystery surrounded the identity of the club's new Middle Eastern owners and the buyout was only ratified by the Football League in October.

Notts also had to deal with a winding-up petition issued by the High Court in November in relation to a six-figure debt accrued before Munto Finance took over.

BBC Radio Nottingham's Notts County correspondent Colin Slater outlined the current state of play at Meadow Lane.

"Notts County is on the market, Munto Finance are seeking to dispose of the club and are in contact with some potential buyers.

"It is an option for Munto to consider that Eriksson and Trembling are in talks about a possible management buyout."

In October, former England boss Eriksson had talks about becoming the manager of the Swedish national team but wanted to combine the job with his Notts County role.

But Trembling insisted: "This is a full time job."


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daveyboy normally put his hand in his pocket!

but he,s now got a restraining order against him from asda,

they dont like it when you knock one out in the fruit and veg isles

he did actually get caught in asda with his old man wedged in a packet of jacobs buscuits, he got away with it in court as the judge said he was foo king crackers!:D

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Neither clubs will go belly up look at the players both clubs have that can be sold on to raise funds to balance the books. Portsmouth might be playing in League 2 in a few years time after selling all their players, although doubt they would go belly up.

Everyone was expecting Southampton to go tits up not that long ago yet look at them now, granted they aint pulling up any trees in League 1 although neither were Forest in all the years they spent in League 1. It's all media hype to get football fans talking and buying papers, the only clubs that are at risk of folding are in the Blue Square where there is no money or assets to be sold.

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Peter Trembling today announced that he has completed a management buy-out of Notts County Football Club.

Trembling has purchased the club from Munto Finance for a nominal sum and takes ownership with immediate effect.

Trembling will remain as Executive Chairman, with support from Sven-Goran Eriksson as Director of Football. Notts Chief Executive Gary Townsend will be asked to join the Board with Sir John Walker remaining as the other Board Director.

Notts County OS

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