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Ray Trew to sell Notts County to American company?

By Joe Jones (edited)

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Notts County owner Ray Trew has agreed a deal to sell the club to an American company, according to reports.

BBC Radio Nottingham claims Trew will also meet another potential buyer, who flies in from China on Tuesday.

Local businessman Alan Hardy had made a formal written offer to buy the Magpies, but the agreement with the US company has seemingly scuppered his chances.

Trew announced last month that he was looking to sell the League Two club after his family were subjected to "foul and mindless abuse".

But he is understood to consider Hardy's bid - said to be between £8m and £10m - way short of his valuation.

HM Revenue & Customs has issued a winding-up petition against the club, with the case adjourned until 25 April.

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Edited by Joe Jones

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    Chris

    Administrators

    If Alan Hardy's offer doesn't reflect the valuation of what is required, then fair enough - especially if offers beat it. AH himself said he would step in the way but I can't help but feeling selling to the right person is important, bow out in grace and not for whoever pays the most etc.

    Contributor

    magpie c

    Members

    Takeover talks hm revenue+customs straight in.winding up petitions ect ect in freefall on the pitch.dreading 3pm cause this time last week I was at huish park and yeovil destroyed us 2nd half.

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