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Notts confident of survival, thanks to Chelsea
LONDON: Notts County, the world's oldest league club, have been given just over a month to sort out their financial crisis or else be expelled from the English League.
But the Second Division club, formed in 1862 and founder members of the English League in 1888, believe they will meet the Dec 9 deadline to resolve their financial problems and exit administration.
The optimism is prompted by a helping hand from mega-rich Premier League club Chelsea who themselves were millions of pounds in debt until Russian billionaire Roman Abramovich bought them in July.
Notts have collected ｣300,000 in gate receipts from their League Cup tie at Stamford Bridge last week. In addition, Chelsea shirts signed by the London club's players are to be auctioned to raise more much-needed funds.
Notts lost the game 4-2 but acting chief executive Tony Cuthbert told Sky Sports: “The gate receipts from Chelsea is a fantastic amount of money and will help this club survive.”
In a statement on Thursday the League said that if the club had not come out of administration by Dec 9 “their League membership will automatically be withdrawn and it would cease to compete in Division Two”.
Notts had their best league finish when third in 1891 and again in 1901. They have spent most of their considerable history bouncing through the divisions, chalking up a record 26 promotions and relegations.
Their only major trophy was the FA Cup in 1894 and they are currently 20th in the Second Division, one place above the relegation zone.
Italian champions Juventus switched their colours to black and white stripes 100 years ago after being inspired by the Midlands club. – Reuters
LONDON: Notts County, the world's oldest league club, have been given just over a month to sort out their financial crisis or else be expelled from the English League.
But the Second Division club, formed in 1862 and founder members of the English League in 1888, believe they will meet the Dec 9 deadline to resolve their financial problems and exit administration.
The optimism is prompted by a helping hand from mega-rich Premier League club Chelsea who themselves were millions of pounds in debt until Russian billionaire Roman Abramovich bought them in July.
Notts have collected ｣300,000 in gate receipts from their League Cup tie at Stamford Bridge last week. In addition, Chelsea shirts signed by the London club's players are to be auctioned to raise more much-needed funds.
Notts lost the game 4-2 but acting chief executive Tony Cuthbert told Sky Sports: “The gate receipts from Chelsea is a fantastic amount of money and will help this club survive.”
In a statement on Thursday the League said that if the club had not come out of administration by Dec 9 “their League membership will automatically be withdrawn and it would cease to compete in Division Two”.
Notts had their best league finish when third in 1891 and again in 1901. They have spent most of their considerable history bouncing through the divisions, chalking up a record 26 promotions and relegations.
Their only major trophy was the FA Cup in 1894 and they are currently 20th in the Second Division, one place above the relegation zone.
Italian champions Juventus switched their colours to black and white stripes 100 years ago after being inspired by the Midlands club. – Reuters
according to history books Notts County ain't the worlds oldest club!
they are, http://www.sheffieldfc.com/
they are, http://www.sheffieldfc.com/