JOGAMIGMOG said:Please could someone explain what's been going on at Notts County since about August 2009? I mean, are they skint/loaded or what? Why is Sven there if they're skint? And who are the people running the club etc?
Yours sincerely
Confused of Prestwich.
jacko74 said:Cant offer an explanation, but your right its all very strange, the last I'd heard they were the latest "big money take-over" now they've got winding up order against them??!
goose72 said:jacko74 said:Cant offer an explanation, but your right its all very strange, the last I'd heard they were the latest "big money take-over" now they've got winding up order against them??!
The big money take over lot did one, last I heard the previous board were buying 'em for a quid (not sure if that went through) and looking for new investors. Sven was quoted this week as saying their plans for global domination are 'on hold'!!!!!!!
Interesting this one. They thought they'd been bought by a Saudi group Qadbak, who were the supposed owners of Munto Finance. Qadbak were supposedly backed by a Middle Eastern consortium (who were un-named at the time) and on that basis, the supporters trust that owned 60% Notts County agreed to sell it. Frankly they were idiots as they seemingly took no steps to ensure that the promised funds were in place or who the real owners were. The Qatari royal family were mentioned but they denied it.JOGAMIGMOG said:Please could someone explain what's been going on at Notts County since about August 2009? I mean, are they skint/loaded or what? Why is Sven there if they're skint? And who are the people running the club etc?
Yours sincerely
Confused of Prestwich.
The Guardian said:What a bewildering web of companies Nathan Willett and his old mucker Peter Trembling are involved with. Willett and his father, Peter, are the directors of Qadbak, the British Virgin Islands-registered trust that bought Notts County and the Formula One team BMW Sauber. They are also the sole directors of Swiss Commodity Holding, the recently-incorporated firm that gave Sven-Goran Eriksson a shareholding that may or may not be worth something.
Trembling is the executive chairman of Notts County, where Peter Willett sits on the board. Last November Trembling made Willett-the-younger a director in his Nottingham-based company, Affinity Partnerships. That firm's secretary was a certain Toni Stevenson, who had also been secretary of the Jersey-based Belgravia Group, and it just so happens that until 2006 Affinity's accounts stated it was "controlled by its parent company, Belgravia Group Limited, a company registered in Jersey".
Bear with me. Nathan Willett was already a director of Belgravia Management, a wholly owned subsidiary in Jersey of the Belgravia Group, which in 2006 changed its name to Affinity Management and whose secretary was also Ms Stevenson. Only, as Trembling has been careful to point out to Digger, it's not that Belgravia, the company currently under investigation by Jersey's fraud squad. No: they just shared the same St Helier offices as the one that is. With all this on his plate it's a wonder Willett has time for football.