Chairman Ray Trew insists Notts County are operating within the salary cap for Coca-Cola League Two clubs following accusations that the Magpies are breaking Football League rules.
Despite Swiss-based middle east consortium Munto Finance selling the club in December and leaving it with huge debts, Notts managed to avoid going into administration and all of the highly-paid, high-profile summer signings remain at Meadow Lane.
In an open letter to all Football League chairman, Trew wrote: "I would like to place on record that Notts County are not currently operating outside of the League Two salary cap, but are actually operating comfortably within it."
County have surged to the top of the table under new manager Steve Cotterill, winning 11 of the 13 games during his unbeaten tenure. The latest victory - a 4-1 home win over Morecambe on Saturday - clinched automatic promotion for the Magpies.
Some managers and officials of Notts' rivals have spoken out against what they perceive as an unfair situation at Meadow Lane.
Rochdale boss Keith Hill also saw his side seal automatic promotion at the weekend. Dale face County in a top-of-the-table clash on Tuesday and ahead of the game Hill said: "If we don't catch them, the taxman will."
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