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History

Throwback Thursday: Club Sold For £1 Five Years Ago

12 February 2015

The Media Team look through the archives…

February 11th 2010 Chairman Ray Trew took control of the club and stopped Notts County not go into administration, with a little help thanks to now Director Aileen Trew.

Chief Executive Jim Rodwell spoke to BBC on that day and said: "We expected it to be bad, but probably not this bad.

"The club was living beyond its means. We all know you can live like a king on credit for six months but after that you hit problems."

The club was millions of pounds in debt. The board's first priority was to deal with a large number of creditors and also her Majesty's Revenue and Customs, who had issued a winding-up petition.

On the pitch, Notts were seventh, just inside the playoffs, but had been issued with a transfer ban due to the high wages spent in the first half of the campaign. 

Fast forward five years and the club have had some fantastic highs and nervous lows, like all Football League club's do. They are of course, in a league higher, the transfer ban was of course lifted and under Trew's leadership continue to stabilise themselves as a League One club. Quite an achievement considering how close the Magpies were to the dreaded admistration. 

What do you think the board's greatest success so far has been in their tenure? Let us know on the club's social media page Twitter and Facebook.

The club would like to thank Bowles Associates, JMS Photography, Action Images, Dan Westwell and the Nottingham Post for supporting the NCFC History archives. 

Look out for more classic photographs every Thursday. 

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