Notts County have settled their debt with HM Income and Customs and had a switch embargo on them lifted.
New homeowners Christoffer and Alexander Reedtz have handled Notts’ main monetary points simply 4 days after taking over from Alan Hardy.
Paying outstanding wages in addition to settling a tax invoice – which noticed Notts face a winding-up petition – has seen the Nationwide League raise the embargo.
“Onwards and upwards,” the membership stated in a brief assertion confirming the information.
After gamers and workers at Notts had been paid their June and July salaries on Monday, coping with cash owed to HMRC was a urgent precedence as they had been due within the Excessive Court docket for the fourth time over the debt on Wednesday.
Danish brothers Christoffer and Alexander Reedtz stated resolving monetary points on the membership was a precedence earlier than specializing in new signings.
The pair, who personal a soccer evaluation firm, now have the prospect to recruit and make use of their enterprise expertise within the switch market.
In the meantime, funds raised by Nottingham Forest supporters earlier than their pre-season pleasant in opposition to Actual Sociedad on Friday will probably be given to charity.
Forest followers held a bucket assortment to assist unpaid County workers however, with excellent wage funds now settled by the brand new homeowners, Magpies’ workers have determined the cash must be donated to a worthwhile trigger, though the beneficiaries are but to be introduced.
Notts, the world’s oldest skilled membership who had been relegated from the English Soccer League for the primary time of their historical past in Might, begin life as a non-league membership with a visit to Eastleigh on Saturday.