Notts County’s much-anticipated takeover by a Danish consortium is complete after the club’s new owners confirmed the deal and arrived at Meadow Lane promising a change in fortunes after months of uncertainty.
BBC Nottingham reported outgoing owner Alan Hardy had said the sale had been completed on Friday afternoon. Official confirmation followed from Danish businessmen and brothers Christoffer and Alexander Reedtz.
It comes after months of doubt surrounding the club, which was relegated from the Football League for the first time in its history last season.
Staff and players went unpaid for the month of June and the club is still expected to re-appear in the High Court next week in connection with an unpaid tax bill.
On confirming the deal, the Reedtz brothers released a statement, saying: “It is with great pleasure that we are able to announce today that we are the new owners of Notts County Football Club.
“We are delighted that the deal has been completed, and that the uncertainty about the club’s future has come to an end. We can now all shift our focus towards the exciting new football season which is just around the corner.”
Notts County will kick off the new season in the National League next Saturday, August 3, away at Eastleigh.
The deal is expected to secure the future of the club, which was put up for sale by Hardy in January.
The club has faced the prospect of being wound up over the ongoing court case connected with unpaid taxes.
The brothers added: “As you may be aware, we run a football analysis company called Football Radar, which has its headquarters in London and further offices in Liverpool and Plovdiv, Bulgaria. Ever since we founded the company 10 years ago it has been our goal to own a professional football club, and we are thrilled that the day has come where we have fulfilled this ambition.
“While football is business for us it is also our lifelong passion and to now have the opportunity to own a club with such heritage as Notts County is a dream come true for both of us.
“Why Notts County? It goes without saying that Notts County are a big club with a proud history, and its status as the world’s oldest professional football club is something that we, and anyone else who loves football, find absolutely compelling.
“What also appealed to us about Notts County is the city of Nottingham itself, and the support the club enjoys here. The club’s results in recent years have not lived up to the high expectations, but the fans have continued to support their team wholeheartedly.
“In our view, the fans are the foundation of any successful football club. The passion and loyalty that the Notts County fans demonstrate is truly admirable, and of essential importance to the club’s future. We look forward to getting to know the fans better and to working with them to take Notts County forward.”