Joyce: The future WILL be secured

For sale?
Peter Joyce, the most publicised member of the Blenheim consortium, told the Nottingham Evening Post that they are looking to push through a deal thought to be in the region of £4m deal ‘in plenty of time’ to avoid being thrown out of the league.

However, he also claimed their key objective has been increasingly difficult to meet after recent meetings with the board of league officials. As Joyce's group say they were expecting to be able to push through a £1.4m deal they had had in place since September.

But Joyce expressed his shock at the Football League’s decision made at meeting last month that they in fact needed to produce £3.2m to satisfy the league.

But Joyce insisted: ‘We were very surprised to say the least, when we met the Football League.

‘They had seen our proposals for the takeover on two or three occasions prior to the meeting and had not had a problem with them.

We thought that we would be able to push through the deal, which was worth £1.4m, without a problem.

But then, at the last meeting, the league told us we basically had to come up with more than twice that amount.

"’Hover, we are hugely confident that the deal will be done in plenty of time and we're in a position where things are coming together.

We are very positive about the future’

Although the Football League said their position was always clear on the situation.

We have made it clear from the very first meeting with the consortium that £3.2m would be needed to complete the purchase of the club and to comply with Football League policy,’ said Nagle.

The confusion over this issue of how much money the Football League have been demanding should hopefully prove to be irrelevant, however, with both the consortium and administrator Paul Finnity appearing to be confident that the revised deal will be completed.

Paul Finnity, of the Magpies administrators, Kroll said: ‘As far as I am aware, the money is in place.

We do need to set a date as soon as possible, just to ease people's minds.

If we can set a date it will satisfy the Football League and it should stop the fans getting the jitters.

The next meeting with the League’s directors is set to be held tomorrow, with Paul Finnity set to give an update on the situation at
Meadow Lane.