Sven to stay as management complete buyout of Notts County

Sven to stay as management complete buyout of Notts County

Notts County executive chairman Peter Trembling has today completed his takeover of the League Two club from Munto Finance.

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.

Magpies chief executive Gary Townsend will be asked to join the board of directors and John Walker will stay on as a director.

Trembling said: “I would like to thank Munto Finance for the way they have conducted the sale of the football club.

“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.

“Now we cherish ambitions to secure promotion this year and deliver sustainable progress into the Championship and beyond.”

Trembling has already passed a Football League fit and proper person test and revealed he will be seeking new investment.

He added: “This is clearly an important day for the club and one which will hopefully draw a line under several weeks of speculation.

“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.

“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.”

More in this Section

I won’t stay at Spurs for the sake of it, says ambitious KaneI won’t stay at Spurs for the sake of it, says ambitious Kane

Russell mends broken fences with TownsendRussell mends broken fences with Townsend

Tokyo Games likely to start in July 2021Tokyo Games likely to start in July 2021

Taylor v Serrano postponedTaylor v Serrano postponed


Lifestyle

Ellie O’Byrne rounds up some of the virtual gigs, films and other eventsArts Noticeboard: Online entertainment options

It’s 25 years since Toy Story first stunned us with its brilliance. Esther McCarthy looks back onJohn Lasseter’s masterpiece and why it’s regarded as a milestone of modern cinemaInfinity and beyond: How Toy Story altered movie history

All the wines recommended this week are available for delivery.Wine with Leslie Williams: Looking for a wine delivery service? Here are a few ...

If I could be reborn for a day I’d be a cat. I love their serenity and independence and how they always manage to find that one shaft of sunlight.This Much I Know: Broadcaster, Mary Kennedy

More From The Irish Examiner