Middle East consortium close to Magpies takeover



A Middle East consortium is close to completing a takeover of League Two club Notts County. The club's chairman, John Armstrong-Holmes, has confirmed Munto Finance Ltd are on the verge of a multi-million pound deal to assume control of the world's oldest professional club. The consortium are headed by former Everton commercial director Peter Trembling and Middle East-based Peter Willett, client representative of the Al Thani Investment Group. "At a specially convened club board meeting held on Tuesday evening, the club board discussed the proposal from Munto which was accompanied by proof of funds and unanimously agreed to recommend its acceptance to all shareholders," Armstrong-Holmes told the club's official website. "Munto is eager to complete the deal as early as possible and, subject to shareholders agreeing to it, the takeover could be completed within a few weeks."

* With agencies

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
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Scoreline

Liverpool 3
Mane (7'), Salah (69'), Firmino (90')

Bournemouth 0

Virtuzone GCC Sixes

Date and venue Friday and Saturday, ICC Academy, Dubai Sports City

Time Matches start at 9am

Groups

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