TOP 100 SOCCER SITES
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| Watford pay back £5m and avoid administration Watford have paid back nearly £5m that had been owed by the club to their former chairman and vice-chairman. telegraph.co.uk |
Fulham flub helps Chelsea retain margin Chelsea rallied to beat Fulham 2-1 on Monday and take a five-point lead atop the Premier League standings. cbc.ca |
Everton can't hang on as Arsenal comes back to draw Arsenal scored from two deflected shots to draw 2-2 with Everton on Saturday, in one of two Premier League matches to survive the deep freeze gripping England. cbc.ca |
Sol Campbell: Arsene Wenger is my inspiration Former England defender pays tribute to Arsenal manager Arsene Wenger as he closes in on return to north London club. telegraph.co.uk |
County in race to find £2m by Wednesday • Club concerned about creditors 'turning up on the court steps' • Executive chairman confident of securing long-term investmentNotts County are searching desperately for investment after discovering that they need £2m by Wednesday in order for the club to survive.The Magpies are due in the high court after the club's owners, Blenheim 1862, were served a winding-up petition from HM Revenue & Customs over an unpaid £600,000 tax bill.The executive chairman Peter Trembling still hopes to pay off the debt and avoid going to court, despite failing to secure any funds by the end of last week.Since completing a management buyout of the League One club at Meadow Lane last month, Trembling and the director of football Sven-Goran Eriksson have scoured Europe for suitable investors.He told the Evening Post: "We hope to be able to satisfy the winding-up petition before Wednesday by paying off our debts. The critical thing is to get £2million into our bank account before then."It's a challenge but that is what we have been working towards for the last few weeks and I'm ever hopeful we can do that."It will give us a bit of room to play with. We could actually go to court and pay off our tax bill of £600,000. But the danger with a winding-up petition is that we could have all of our creditors turning up on the court steps and jumping on the back of the petition."In which case, we have to satisfy the judge that we have got the funds to pay everybody."If we haven't got that in our bank account our next course of action is to show proof of funds committed to pay these creditors off and that we just need a bit more time, and really plead our case."Trembling added: "We have been speaking to a number of investors for a few weeks now and we have got two investors who are very close to the line."Sven and I have met them and we have presented our vision to them. They are very enthusiastic and they have got the funds – we have seen the proof of that."The two investors want to work together, and we have got a couple of back-up plans as well. I think the two we are talking to are best for the future of the club because they can invest the sort of funds that will take the club further forward, of £25m to £50m over five years."They want a long-term return on the investment but the important thing is that they are football fans and they love this idea – the project of taking Notts County through the leagues."The idea of putting £25m in to get us in the Championship and having Sven at the helm to lead us on, that appeals to them enormously."Notts CountyLeague OneSven-Goran Erikssonguardian.co.uk © Guardian News & Media Limited 2010 | Use of this content is subject to our Terms & Conditions | More Feeds guardian.co.uk |