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Notts waiver of loan from Football Radar

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If you learn something from every game, there shall come a point in time, when you should never lose... Jimmy Sirrel

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  • allardyces tash
    allardyces tash

    All this shows is that they want to sell, and they will not be asking for their money back. The club will be sold to the highest bidder, and we could lose the best owners Notts have had in decades. Oh

  • CliftonMagpie
    CliftonMagpie

    The Reedtz are showing real commitment to the club by writing off the debt. Our two previous owners would not have done that, and while one did save us from Munto, it was not on the same level as this

  • It is normal for one company to help the money side of another, especially if the first company is doing well. The owners have given up the money, and even if it came from Football Radar, it is still

All this shows is that they want to sell, and they will not be asking for their money back. The club will be sold to the highest bidder, and we could lose the best owners Notts have had in decades.

Oh wait, I do not think like that. This is great news. It is another successful bit of business that proves the negative voices wrong.

Thank you, Chris and Alex, for everything you continue to do for Notts.

This is very good news because it shows again the work the club have done to make things sustainable. By clearing the debt, it means we are now in the best financial position we have been in for years. It is a clear step forward, and I do not think the Reedtz would have done this if they felt more heavy investment was still needed from them. That does not mean they will not put in more of their own money, but it does show they are aiming to make the club stand on its own feet. They want the club to use its own resources well, which should leave us much healthier in the long run.

The Reedtz are showing real commitment to the club by writing off the debt. Our two previous owners would not have done that, and while one did save us from Munto, it was not on the same level as this gesture. The decision is not about paying people back but about pushing for promotion to League One.

This deserves a lot of appreciation because it has been done in the best interests of the club and its aim to become sustainable. The whole club has changed since the National League years. Some may not agree with what I have said before, but I do not think anyone can underestimate the good the Reedtz have brought to Meadow Lane.

We are now being run like an ambitious club. To match that, we just need to keep working towards promotion. Things feel much brighter, even if this season’s recruitment raised a few eyebrows. That is part of the reason why smart loans were considered. We just need to back the players and hope they can deliver or at least help us along the way.

Oh oh oh ohhhhh, everywhere where we go, watching super County putting on a show!

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I am so pleased that Notts have owners who are so committed to this Club and have a plan in place to grow this club on a yearly basis.

Proud to be a supporter for 58 years & counting of the oldest professional football club in the World. COYP

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It is normal for one company to help the money side of another, especially if the first company is doing well. The owners have given up the money, and even if it came from Football Radar, it is still their choice to do that.

I learned about profit sharing in business studies and it is useful to understand.

The club has put out a full announcement about it here.

https://www.nottscountyfc.co.uk/news/2025/september/26/statement--financial-accounts/

What a fantastic gesture that is and proves once again (for anyone who doubted it) that they have the best interests of the club at heart, they deserve every success that comes their way, we are very lucky to have them as custodians of our club.

fanofbigtoneuserb.webp

Proud to be a Notts County Supporter for over 60 years.

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Got to be good news hasn't it, Chris and Alex Reedtz have effectively sacrificed a huge sum they could have reclaimed. Right now if the club was up for sale I think they'd do well to get near that figure, so it does just confirm that they are committed to the club.

I think in theory it will give us more flexibility in the future, especially as the league has just bought in new rules with regards to reducing losses. Clubs that are losing money now have more barriers when it comes to spending money. Our balance sheet will look a lot better now and Joe Palmer has already said the club are making good progress when it comes to being sustainable, so this just puts us in an even stronger financial position for future seasons. Can't ask for more than that really can you!

What the Reedtz have done is essentially a financial decision that changes how both the club and their company, Football Radar, look on paper.

When Football Radar first loaned the money, it was treated as an asset for them and a debt for Notts County. By waiving that loan, Football Radar loses an asset in its accounts, which shows up as a loss. At the same time, Notts County removes a huge liability, which makes its balance sheet look much stronger.

This is a classic business move: shifting figures between two linked companies to improve the financial health of one, even if it means a hit for the other.

So, it's very good news for Notts and it's nothing remotely to worry about. It's a gracious decision by the Reedtz, as it will reflect on Football Radar until they can remove the loss from its own books. For a profitable company, it's not all that difficult, and there's no issue with them seeking to put money into the company, whereas it's a lot harder in football. It pretty much wipes our slate clean and puts the club on an easier path to sustainability.

chris-sig.webp

A field where dreams become reality.

We should take this for what it is, a major step that strengthens the club without giving false hope. It doesn’t put extra cash in the budget for signings, but it does mean that the financial base is stronger and less weighed down by old loans. I’m glad the statement explained that we haven’t actually made a trading profit, because clarity is important. What stands out most is that this wasn’t forced; the Reedtz chose to do it. That’s unusual in football and deserves credit. It makes me feel more confident that whatever happens on the pitch, the club itself is in safe hands for the future.

I see this as a reminder that financial strength doesn’t always come from spending big, but from making sure the club is stable and protected.

Waiving over ten million pounds is not a small gesture, and it shows the owners are willing to shoulder risk themselves rather than letting it hang over the club. That builds trust. Supporters will want results on the pitch, but moves like this are the groundwork that allows those results to come without the fear of collapse behind the scenes.

Football is full of stories where owners walked away, but here it feels like they’re doubling down.

This is the sort of action that makes me feel the club is in good hands. Many owners talk about long-term commitment but very few back it up in such a clear way. Writing off such a large loan isn’t just a gesture; it shows they are serious about building a secure future for the club. It also takes away some of the worry fans often have about hidden debts catching up with us later. While it doesn’t mean we are suddenly rolling in money, it does mean the books are cleaner and the outlook is stronger.

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