Trembling delight at Trust backing

Last updated : 30 June 2009 By Jacob Daniel
Notts County's new chief executive Peter Trembling has today made a statement on behalf of the club's prospective new owners, Munto Finance Ltd., expressing his delight that the bid has received the backing of the Supporters' Trust members today. An overwhelming majority voted in favour of the takeover, which will now go through within two weeks, as the final issues, including Football League sanction, are ironed out.

Trembling's statement read:-

"This was paramount to the consortium, which is prepared to invest in the club over the next few years in a structured and staged way, to achieve their initial objective of making the club an established Championship side within four to five years.

Munto is committed to the community and fans alike, the aim is to enable the club to steadily rise through the tables, eventually depending upon its own resources and to make sure that it has a stable and secure future.

Munto is wholly owned by QADBAK Investment Fund which consists of a number of investors based in the Middle East. QADBAK understands the potential that Notts County FC has in terms of its brand, history and tradition and view this as a long-term business opportunity.

I look forward to unveiling more of our plans for the development of the club (both on and off the field) once the appropriate legal process has been completed."

Once the final due dilligence and other final stages of the takeover are complete and the deal goes through, it is expected Trembling and the consortium will begin to unveil more of their plans for the future of Notts County, and NCM will have news of this first.

For the latest news, keep tuned to NCM....