{"id":2067002,"date":"2022-12-22T14:09:43","date_gmt":"2022-12-22T14:09:43","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/eastmidlands\/?p=2067002"},"modified":"2022-12-22T14:09:43","modified_gmt":"2022-12-22T14:09:43","slug":"notts-county-post-fresh-losses-as-creditor-bill-hits-14m","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/eastmidlands\/news\/2067002-notts-county-post-fresh-losses-as-creditor-bill-hits-14m","title":{"rendered":"Notts County post fresh losses as creditor bill hits \u00a314m"},"content":{"rendered":"<p>Notts County made a loss of \u00a31.7m for the year to June 30 2022, the period that covers the 2021\/22 season.<\/p>\n<p>The Magpies have a huge creditor bill of almost \u00a314m and are reliant on funding from their owners to continue in business &#8211; although the vast majority of the amount owed appears to be owners Christoffer and Alexander Reedtz, who bought the club in 2019. The National League club borrowed another \u00a32m from their owners last season, taking the total owed to around \u00a312m.<\/p>\n<p>The Magpies made the National League play-off quarter finals last season, but were beaten by Grimsby Town who scored a last minute goal to progress &#8211; with the Mariners eventually winning a place back in the Football League at the first time of asking.<\/p>\n<p>Notts County will be desperate for a return to the Football League themselves this season &#8211; and the signs are promising; the Magpies currently sit top of the National League &#8211; four points clear of nearest challengers Wrexham.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Magpies endured another unsuccessful promotion bid<\/p>\n","protected":false},"author":25,"featured_media":2022318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"coauthors":[95],"class_list":["post-2067002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-featured-story"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notts County post fresh losses as creditor bill hits \u00a314m | TheBusinessDesk.com<\/title>\n<meta name=\"description\" content=\"Magpies endured another unsuccessful promotion bid\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebusinessdesk.com\/eastmidlands\/news\/2067002-notts-county-post-fresh-losses-as-creditor-bill-hits-14m\" \/>\n<meta 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