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Notts County


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Apparently they havent been able to finalise the deal they were expecting as the Inland Revenue have demanded another £300000 at the last minute.

 

Sounds like a major hitch and one wonders whether they will find a way of resolving it before the time they are supposed to be out of Administration expires on 9th Dec.

 

Their messageboard now has the following note :-

 

Blenheim Consortium Statement - 28th November 2003

 

The Blenheim Consortium and the Administrator of Notts County Football Club met this afternoon and were ready to complete the deal.

 

We are able to report that, despite concerns to the contrary, the deal is still on track and will be finalised to everyone's satisfaction early next week.

 

A delay has been caused by additional requirements stipulated by the Football League and the Inland Revenue this morning.

 

Nevertheless, the deal was otherwise on schedule and at this stage, there is no reason why we will not complete within the 9th December deadline.

 

Perhaps not so catastrophic after all.

 

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