Former Punjab PM is one of the buyers of Notts County


  • Other Sport
  • Tuesday, 29 Sep 2009

LONDON: Notts County have revealed for the first time the identities of two key members of the independent trust which bought the Division Four club in the wake of a Football League probe into the takeover.

County, widely acknowledged as the oldest professional club in the world having been founded in 1862, were taken over by a consortium known as QADBAK Investments in the summer and have installed former England manager Sven-Goran Eriksson as their director of football.

The Football League has been investigating the ownership of the club, which remained cloudy, with even their chief executive saying he did not know the identity of all the investors.

On Sunday though County issued a statement revealing that the Middle-East based Shafi family and the Hyat family, “both highly respected and very successful members of the business world in the Middle East, Asia, North America and Europe” were key members of the trust that owns the club.

Family members include Sir Sikwander Hyat, described as a former Prime Minister of the Punjab.

Anwar Shafi said: “I can confirm that the families have a significant holding in QADBAK and are very pleased with the diversified range of assets we have invested in. But we are a private business and do not wish to comment any further.”

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