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Notts County owner Ray Trew and Nottinghamshire businessman Alan Hardy have reportedly signed a non-disclosure agreement allowing them to stage meaningful discussions over a potential takeover at Meadow Lane by the latter.

The two men are said to be clashingΒ over their respective valuations of the club, despite ongoing talks for two months, with Trew understood to be wanting between Β£8m and Β£10m for Notts.

By allegedly signing the agreement, it would suggest that Hardy, who owns The Nottinghamshire Golf, Hotel & Country Club and is chief executive of Nottingham-based group Paragon, is a serious bidder.

Under the terms of the agreement, neither individual can speak publicly about any talks between them, but should they eventually agree on a price, Trew can open the club's books to Hardy for him to carry out confidential due diligence with a view to completing a takeover.

Magpies chief executive Julian Winter, meanwhile, said he had not met or spoken to Notts fan Hardy – it is understood the bidder has dealt directly with Trew from the start and will continue to do so going forward.

Winter also suggested the process may be lengthy. He told local media: "I have been involved in these things and I have never seen a quick one. Don't get me wrong they do happen from time to time, but they are not the norm."

Are you in favour of Trew leaving? What do you know about Alan Hardy and could he be a good fit for Notts? Let Pride of Nottingham know by signing up to the website, visiting the forum and joining the conversation.

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10 million? Oooooooo, pricey.
2 months? That explains things.

Is it still the 'supporters' fault? 2 months ago, it could have been resolved and handled far better. Speculation or whatever, this comment still stands. Good luck to the Trews - roll on a new era!

xxx

Members

Just so you know, the seller does not sign an NDA, the person seeking to buy does. Again, very poorly reported by the NEP. You should all be aware that these stories coming out about valuations, NDAs, and all the rest are just rumours. No one has approached either me or Ray for any validation, and neither of us have spread this gossip.

Also....Β doesn't anyone Β find it a bit odd that if an NDA has been signed, details are out there?............

Β 

xxx

Members

and why do you use quote marks around "supporters fault?" its not a quote, Ray never said that!

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