Ray Trew confirms Notts County buy-out
As exclusively revealed by the Lincolnshire Echo on www.sportsecho.co.uk, Lincoln businessman Ray Trew has become the new owner of Notts County.
Trew paid £1 for the troubled League Two club, who are more than £4m in debt and face a winding up order over an unpaid tax bill totalling £600,000.
-
Ray Trew.
In what transpired to be a dramatic afternoon at Meadow Lane yesterday, Magpies executive chairman Peter Trembling and director of football Sven Goran-Eriksson both left the club.
Meanwhile, Jim Rodwell, the former Boston United defender and chairman, will become the new chief executive.
Business Cards From Only £10.95 Delivered www.myprint-247.co.uk
View detailsOur heavyweight cards have FREE UV silk coating, FREE next day delivery & VAT included. Choose from 1000's of pre-designed templates or upload your own artwork. Orders dispatched within 24hrs.
Terms: Visit our site for more products: Business Cards, Compliment Slips, Letterheads, Leaflets, Postcards, Posters & much more. All items are free next day delivery. www.myprint-247.co.uk
Contact: 01858 468192
Valid until: Sunday, May 26 2013
In a statement released by Trew yesterday, he said: "Our vision is not for the short term but for the long term."
"I know fans have been hoping for a miracle investor who will spend an astronomical amount of money for a shortcut into the Premier League.
"Notts County is in a difficult financial position.
"We are here to make sure that in the short term the situation is resolved to provide a platform for the club to move forward in the long term."
Trew and the new owners will be unveiled on Monday when they are expected to outline their visions for the club.
Comments
by levsterini, lincoln
Saturday, February 13 2010, 1:14AM
“Advice to all County fans. Start checking your local car parks for brown bags being exchanged and their not containing Big Macs. You couldnt make this up hoe does Rodwell get a Chief execs job after what he did to the Pilgrims. Fit and proper ???? . The spectre of Evans must be in the wings. God help County.”
by pilgrim, boston
Friday, February 12 2010, 9:31PM
“Disbelieve here at Boston . All now awaiting to see who Mondays unveiling reveals . Genuine concern for Countys future in this part of the world.”
by kc, lincoln
Friday, February 12 2010, 7:28PM
“will rodwells mate steve evans be the next county manager then they are in trouble”
by Adam, Lincoln
Friday, February 12 2010, 1:39PM
“'Meanwhile, Jim Rodwell, the former Boston United defender and chairman, will become the new chief executive.'
Belinda and Notts County fans I fear for your club with people like this running the show.”
by cookie, saxilby
Friday, February 12 2010, 1:37PM
“lets all laugh at county!!!!”
by Belinda Ward, Nottingham
Friday, February 12 2010, 1:17PM
“I just cannot believe what is happening to my beloved Notts please whoever you are Mr Trew dont let us down with false promises. All I can say Munto finance has\alot to answer for”
by Michael, Norfolk
Friday, February 12 2010, 12:25PM
“Oh dear, Following all the optimism at the start of the season I now really fear for f historic County's future. Jim failed to save Boston United. I wonder whether the same potential investors who were courted as likely saviours of The Pilgrim's during their Football League demise will suddenly arrive at Meadiow Lane? By the way Does anyone know what the ground is wortht for redevelopment? I am concerned about this twist at Meadow Lane because like many a football fan I have a soft spot for homely County our oldest League club.”
by realist imp, the real world
Friday, February 12 2010, 7:31AM
“Here we go again, well Mr Trew i hope you asked for your change ! - Ericksson/Campbell ? it was never going to happen was it?. Football is becoming a real concern now, Portsmouth,Chester etc, from one extreme to the other. Sepp Blatter has been voicing his thoughts about foreign investors buying into english clubs and would prefer uk investors only and as we know, what Sepp wants -Sepp usually gets !. Also voicing concerns about how many clubs are in court over unpaid tax bills and the large amounts involved are 2/3 MPs, now that is a worry ! so come on all you clubs and get your heads out of the clouds, return to the real world and spare a thought for your supporters because we do not have bottomless pockets !! .......”