Notts County owner Alan Hardy has completed his takeover of Ilkeston FC and has reverted the club's name back to Ilkeston Town FC.
Ilkeston have been bought out for an undisclosed fee from the club's liquidators, the deal being struck to secure the future of the club after it was wound up in the High Court last month.
In a statement on the Notts website, Hardy wrote: βI am absolutely thrilled to have completed my purchase of Ilkeston FC and can confirm that the clubβs name will revert to Ilkeston Town Football Club with immediate effect.
βIt is with great excitement that I also announce Steve Chettle as the clubβs new manager following his departure from National League North side Nuneaton Town, where he was assistant manager.
βSteve is an Ilkeston and Nottingham Forest legend who Iβm sure will prove to be an exciting appointment for supporters.
βHe will be assisted by Ian Deakin, who brings plenty of experience and local knowledge after managing Kimberley last season.
βHaving grown up in neighbouring Eastwood, I simply couldnβt allow one of the East Midlandsβ finest non-league clubsβ existence to cease when I knew there was a viable method for me to take it forward.
βI am grateful to the FA for giving us the opportunity to compete in the Midland Football League Division One this season and itβs now time to move on with making Ilkeston Town a success on and off the field following a very challenging period for the club.
βI also have a very clear message to the supporters of Notts County, and to football fans in general, who I am sure would like assurances over my commitment to the worldβs oldest Football League club.
βIlkeston Town will have its own corporate governance, with separate directors, financial structure and accountability.
βNaturally, as would be the case between any professional and semi-professional football clubs, there will be an opportunity for transactions when it comes to such things as the loaning of players, sharing of expertise and so on.
βHowever, it is essential that any dealings between the two clubs are carried out with the best interests of their respective stakeholders in mind.
βI am absolutely committed to making Ilkeston Town not only self-sustainable, but also competitive and ambitious in aiming to claim a place in the second tier of non-league football in the medium term.
βUntil this particular opportunity arose it was never my intention to acquire another football club. There are very few, if any, other clubs I would rescue. As I touched on earlier, Ilkeston are a special case for me personally and, as was the case with Notts County, it would have genuinely hurt me to see them die.
βI vividly remember my seven-year-old self-standing behind the goal, bang in the centre, lapping up every minute of derbies between Ilkeston Town and Eastwood, as well as other local matches involving the likes of Long Eaton, Heanor Town, Belper, Kimberley and Arnold. They were all blood- stirring encounters and all those memories have enabled me to carry great enthusiasm into my career in football.
βI am now looking forward to working with the people of Ilkeston to develop a club they, and their town, deserve.β
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