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Supporters put their trust in Middle East consortium

Notts County fans excited by future prospects

By Ian Clarkson  June 30, 2009
Ian McParland may have some serious funds to throw about. (©PAphotos)
Ian McParland may have some serious funds to throw about. (©PAphotos)
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John Armstrong-Holmes
This deal has made us the envy of clubs up and down the country
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The proposed takeover of Notts County by a Middle East consortium has moved a step closer to reality.

Munto Finance Ltd have been given the green light after members of the Supporters Trust unanimously backed their bid.

The club's majority shareholder will gift Munto its 60.16 per cent share in the club after 814 of the Trust members voted in favour of the takeover – only 55 opposed it.

It could take two more weeks for the takeover to be finalised, with the Football League still to sanction it.

Peter Trembling will take over from John Armstrong-Holmes as the Magpies' chairman as well as becoming chief executive when the deal goes through.

Armstrong-Holmes told the Nottingham Evening Post: "It's a result that reflects the mood of anticipation among the vast majority of supporters. We are all excited and there's no doubt that this is an historic landmark for our famous old club.

"There is still work to be done to complete the takeover, but now the votes have been cast we can clearly see the way forward. That can only be good news.

"This deal has made us the envy of clubs up and down the country. When I was at the recent Annual Meeting of the Football League, people were coming up to me all the time wanting to know how we had managed to pull it off.

"Although it has been proved many times before that money doesn't guarantee success in football, we are on the brink of a situation that will surely be unique in this club's history.

"Plans can actually be made to do things, on and off the field, without having to worry about whether we can afford it. I firmly believe Munto are the people to transform the fortunes of the club that we all care so deeply about."


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