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 Posted by ESPN Staff
Sep 27, 2009

Notts County reveal two investors

Notts County have revealed the identities of two of the members of the independent trust which bought the League Two club in the summer.

The Football League confirmed earlier this week that they were looking into the purchase of the club and the Magpies have now revealed the names of two families who are part of the group behind the deal.

The Shafi family and the Hyat family - who are based in the Middle East - have both agreed to be named and the club have confirmed that they have extensive business interests throughout the middle east, Japan, Kazakhstan and Pakistan with real estate investments in Europe, the middle east and Asia.

They have invested in Qadbak Investments and a subsidiary of that company - Munto Finance - brokered the deal to buy the historic club.

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.''

A club statement said: ''Until now we have tried to respect the wish for privacy of our investors. But the confusion and misplaced allegations over the last few days have forced us to ask them to reveal themselves.

''Despite giving the Football League every possible answer and information well beyond any legal obligation they have yet to publicly confirm their approval. We hope this statement will speed that process considerably.''

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