Cash Strapped Magpies respond to claims that a fraudster is advisor in sale, just days after high court reprieve

Cash-strapped Notts County FC are back in the thick of it, despite their reprieve in the high court last week, after it emerged that one of the advisors to a consortium lined up to buy the stricken club is a fraudster who, according to a national newspaper, the Daily Mirror, was previously jailed for six years for his part in a multi-million-pound fraud.

The report, which broke just days after the High court had given Notts FC a reprieve to conclude the sale, revealed that one of the advisors behind the deal had previously been convicted after targeting elderly homeowners to steal identities, seize ownership of their homes and then use the properties to fraudulently gain millions of pounds.

Speaking to the Mirror, Dodd say they are aware of Alex May’s conviction stating he had come clean about his past and confirming that he is helping them try to seal a takeover of Notts.

Notts County are also aware of Mr May’s involvement and say: “we are aware of recent press reports regarding the involvement of Alex May in a prospective takeover of the club.

“The club will be speaking to the group about the involvement of Mr May, who has been acting as their advisor only, to establish their plans moving forward.”

The news couldn’t have come at a worse time for the Magpies after pinning their hopes on a sale to avoided being wound-up by the High Court, which was launched by the HMRC after a tax bill of £250,000 went unpaid. After Judge Clive Jones heard the sale was imminent at a hearing in the High Court last Wednesday, the HMRC agreed that Judge Jones should extend the club a second adjournment to conclude the deal.