147:, with the club having "respected the families' privacy" beforehand. In a response to the press release, Anwar Shafi, a member of the Shafi family, denied that he had a connection with the club or an investment in Qadbak. The club subsequently released a further statement, purporting to be from the Hyat/Shafi Family Trust and its head, Sardar Hyat, confirming its involvement with Qadbak and Notts County.
172:
As of 18 November 2009, German automobile manufacturer BMW was still the official owner of BMW Sauber
Formula One team and continued to pay the salaries of their approximately 400 employees. On 27 November, BMW announced that it was to sell the team to Peter Sauber instead of Qadbak. A spokesman for
193:
On 10 December 2009, BBC Nottingham reported that Munto
Finance had put Notts County up for sale. On 12 December 2009, it was announced that Notts County chairman, Peter Trembling purchased the club for a nominal fee from Munto Finance. In February 2010, Trembling sold it on for £1 to Ray Trew, and
154:
announced that Notts County's owners had met its "fit and proper persons" regulations, and that while their structure was "complicated" and featured "both offshore entities and discretionary trusts", it had provided "extensive disclosure" to the League on their ownership structure. The League also
126:
Contrary to reports by the
British media, the source of Qadbak's finances was partially known to the Notts County Supporters' Trust, who were bound to a confidentiality agreement due to the takeover. On 27 September 2009, Notts County released a statement in which it revealed two families who were
158:
By
November 2009, it was becoming clear that Qadbak and its subsidiaries did not have funds to invest. Rothschild denied being involved in any financial transaction between Qadbak and BMW; they merely acted as BMW's adviser. On 27 November 2009
163:
revealed that
Eriksson had demanded immediate payment of the multimillion-pound sum under the terms of his recruitment by Notts County. A few weeks later Notts County was in fact £7 million in debt and it was resold in December to a new owner.
173:
BMW was reported in the
Guardian newspaper as saying that the combination of no legally effective contract and no starting place on the grid caused the deal with Qadbak to be cancelled. If the Qadbak deal had been put in place, former
106:
The company had been represented during the BMW Sauber negotiations by Lionel
Fischer, a Swiss national, and two of its representative directors on the Notts County board, Peter and Nathan Willett, who appointed
75:
from both Notts County and BMW, to represent the collective interests of "certain Middle
Eastern and European-based families". In November 2009, it was discovered that Qadbak Investments had no such investors.
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68:. In September 2009, it was announced that they had agreed to purchase the BMW Sauber Formula One team, hastening its return to the F1 fold, however this agreement was never concluded.
89:
64:
The company first came to public prominence in July 2009 upon their purchase of Notts County via its subsidiary Munto
Finance. They were advised in the deal by con-man
84:
Details concerning the source of the company's finances were kept confidential, with both initial and later reports and official press releases stating that it was "
88:-based". Later reports stated that the company, as well as its subsidiary Munto Finance, were registered in the British Virgin Islands, what has been confirmed by
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purportedly involved in the trust which owns the club, the Shafi and Hyat families, both "noted business families" with "numerous investments" in the
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123:, whose managing director Meyrick Cox had stated that Qadbak was "a wholly reputable organisation".
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were advised during the planning phases of Qadbak's takeover by leading
British investment bank
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50:
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stated that public disclosure of their ownership structure was a "matter for the club".
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243:“Sven-Goran Eriksson demands 'ambassador' payment from company linked to Notts County”
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Qadbak Investments was purported by numerous sources, including official
561:"Football League says Notts County owners are 'fit and proper persons'"
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441:"Man behind Notts County deal has £2m assets frozen by Jersey courts"
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140:
645:"Peter Trembling vows to sue Munto Finance over Notts County losses"
392:“Notts County money men behind a tangled web of confused companies”
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469:"Notts County reveal Shafi and Hyat families as club investors"
412:"Notts County investor revelations leave questions unanswered"
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on 24 September 2009 after a request made by Swiss newspaper
498:"I have nothing to do with Notts County, says Anwar Shafi"
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Further details only came out a year later, through the
530:"Anwar Shafi: I have nothing to do with Notts County"
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British Virgin Islands Financial Services Commission
735:Investment companies of the British Virgin Islands
27:British Virgin Islander investment vehicle company
704:"BBC One - Panorama, The Trillion Dollar Con-Man"
318:"BMW Sauber, official press release, 2009-09-15"
279:BMW F1 team sold to Swiss-based investment group
679:"Notts County and the bizarre takeover of 2009"
632:"Peter Trembling secures Notts County takeover"
340:"Einen Moment bitte, die Ausgabe wird geladen"
53:for £1, and for a failed attempt to purchase
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496:Praverman, Frank (7 October 2009).
643:James, Stuart (13 February 2010).
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611:"Notts County is put up for sale"
291:"Notts County takeover completed"
115:. German automotive conglomerate
677:Reardon, Harry (13 April 2016).
528:Walsh, Declan (7 October 2009).
439:Matt Scott (24 September 2009).
410:Matt Scott (28 September 2009).
194:was threatening to sue Munto.
1:
168:Failure of Sauber acquisition
613:. BBC News. 10 December 2009
185:would have driven for them.
477:. London. 27 September 2009
206:The Trillion Dollar Con Man
751:
567:. London. 20 October 2009
293:. BBC News. 14 July 2009
150:On 20 October 2009, the
35:British Virgin Islands
31:Qadbak Investments Ltd
363:(27 September 2009).
683:These Football Times
189:Sale of Notts County
179:Giancarlo Fisichella
113:director of football
41:which served as the
320:. Bmw-sauber-f1.com
109:Sven-Goran Eriksson
80:Ownership structure
16:(Redirected from
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18:Munto Finance
711:. Retrieved
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686:. Retrieved
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660:. Retrieved
649:The Guardian
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615:. Retrieved
605:
600:, 2009-11-18
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588:, 2009-11-07
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569:. Retrieved
565:The Guardian
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540:. Retrieved
535:The Guardian
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508:. Retrieved
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481:27 September
479:. Retrieved
474:The Guardian
472:
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453:29 September
451:. Retrieved
446:The Guardian
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424:29 September
422:. Retrieved
417:The Guardian
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400:, 2009-09-30
397:The Guardian
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377:27 September
375:. Retrieved
370:The Guardian
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322:. Retrieved
295:. Retrieved
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264:, 2009-11-22
249:, 2009-11-27
247:The Guardian
230:, 2009-09-27
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161:The Guardian
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66:Russell King
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51:Notts County
30:
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129:Middle East
55:Formula One
37:registered
598:20 Minuten
571:20 October
324:13 October
297:13 October
212:References
137:Kazakhstan
121:Rothschild
73:statements
59:BMW Sauber
657:0261-3077
542:7 October
510:7 October
503:The Times
729:Category
538:. London
506:. London
449:. London
420:. London
373:. London
201:Panorama
177:drivers
47:football
102:History
43:vehicle
39:company
713:6 June
688:6 June
662:6 June
655:
617:22 May
175:Sauber
141:Europe
33:was a
133:Japan
86:Swiss
57:team
49:club
715:2023
690:2023
664:2023
653:ISSN
619:2010
573:2009
544:2009
512:2009
483:2009
455:2009
426:2009
379:2009
326:2009
299:2009
199:BBC
181:and
143:and
708:BBC
117:BMW
111:as
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20:)
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