Tuesday, January 26, 2010

Good Great Day For Notts County

This is a red letter days for the Pies in more ways than one. Firstly, on the pitch they sent off Dar & Red, who had been above them in the table when the day began, by a 3-0 scoreline. That Notts did so on the road made it even sweeter.

Secondly, and maybe more importantly, Notts were able to secure new investment for the club. From the BBC:

Notts County have secured a deal with an investor that will clear their debts and provide them with extra funds.

The terms of the investment, and the identity of the investor, will remain confidential until final due diligence is completed within the next 28 days.

The League Two outfit faced the prospect of finding £2m by Wednesday after HM Revenue & Customs served them with a second winding-up petition.

But HMRC have informed the club they are satisfied with the current deal.


After Munto Finance backed out late last year things were looking kinda dicey for the club. However, I have to believe having a name like Sven-Goran Eriksson associated with the club helped secure the new money men.

I for one would be happy if the rest of the drama for Notts County is on the playing field the rest of the season.

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