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Financial crisis at Notts County intensifies

The financial crisis at relegated Notts County has intensified after staff and players were not paid their wages for June. The sum involved is understood to be about £200,000: Staff unpaid

The Magpies have been available for sale since January, but no new owner has been secured, although talks with a consortium involving a convicted fraudster are continuing.

Kieran Maguire of the PriceofFootball notes, 'Notts County join a long list of clubs, Bolton, Bury, Oldham, Blackpool, Macclesfield, Reading, Morecambe etc. who have failed to pay their wages on time in the last 12 months.'

Events like these reinforce the case for some form of independent regulation of football, although the record of utility regulators has been mixed to say the least and such a regulator would face myriad challenges: MP calls for regulation

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