The Football League have confirmed that Notts County's owners have passed its fit and proper persons test.
The Coca-Cola League Two club were taken over by Swiss-based Middle East consortium Munto Finance in the summer but the identities of the investors remained a mystery.
For several weeks County have been providing the Football League with information regarding who is bankrolling a club, who have been able to attract the likes of Sven-Goran Eriksson and Sol Campbell to the lowest tier of the league.
The Football League deferred their decision on whether to rubber-stamp the takeover at a meeting in London earlier this month but, having been furnished with further details about the new owners, it has now been ratified.
A statement from the Football League read: "The Football League has confirmed that Notts County Football Club has complied with its regulations on fit and proper persons.
"This decision is based on the extensive disclosure provided by the club with regard to its ownership structure. This structure is complicated, and features both offshore entities and discretionary trusts."
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All well and good. The Football League are happy that the owners, whoever they are, are "fit and proper persons", whatever that means. But the fans of Notts County don't know who the club's owners are, except that it is a Swiss based offshore entity held by Middle Eastern investors who wish to remain anonymous. That can't be right surely.
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