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Last Updated: Friday, 26 January 2007, 10:45 GMT
Supporters take over Notts County
Meadow Lane
Notts County is the oldest club in the football league
Notts County Supporters Trust has formally completed its share purchase of the football club.

The Supporters Trust now owns 60% of the club's shares which effectively gives it control at Meadow Lane.

Chairman of the trust, Keri Usherwood, said it was an important day for taking the club forward.

The Supporters Trust bought shares from shareholder Hayden Green who loaned them the money for the purchase on "very favourable terms".

Oldest club

Mr Usherwood said fears over financial difficulties for the club were not an issue.

"The trust has put in over 300,000 to Notts County Football Club to date and the agreement we have with Hayden Green is on very beneficial terms for us," he said.

"We now need to start looking forward as to how we're going to support Notts County, the oldest professional league club in the world.

"I hope people will see what we've done and be somehow inspired by that."

The Magpies are currently eighth in League Two.


SEE ALSO
Magpies' fans set to take control
02 Aug 06 |  Notts County
Oldest club faces darkest hour
05 Apr 03 |  Nottinghamshire

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