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Home: Non-League Football Discussion: General Discussion:
Gateshead sale falls through and there going part-time

 



MistaFozzII
First Team Regular


Jun 12, 2018, 11:05 PM

Posts: 1386
Location: Shildon, Co Durham
Team(s): Darlington and Sunderland

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Gateshead sale falls through and there going part-time Can't Post or Reply Privately

Gatesheads sale has fell through and there going Part-Time

[url=https://www.bbc.co.uk/sport/football/44458631]Gateshead to go part-time after buyer withdraws takeover bid


Quote
Gateshead will move to a part-time set-up while new ownership is sought, after potential investors withdrew following discussions with the National League.

The would-be buyers "failed to satisfy various aspects of the competition's requirements", a club statement said.

Current owners Richard and Julie Bennett will continue their ownership but the football operation will no longer run on a full-time basis.

Richard Bennett said the interested party "withheld important information".

"First and foremost in our minds is the long-term future of the club and Julie and I have decided to continue our ownership until such time as a credible buyer can be found," Bennett said.

"Someone who, in our opinion, is right for the club."

The husband and wife duo took over from Graham Wood in May 2015, with the aim of returning The Heed to the Football League for the first time since 1960.

They maintained the club's full-time status, but promotion has eluded them as did an FA Trophy final this past season after Bromley beat them in the last four.

"We simply cannot afford to continue running the club on a full-time basis in the meantime and regrettably cuts in all areas of expenditure are a necessity," Bennett continued.

"Naturally, we will look to remain competitive at the highest level of non-league football but we'll need to become one of a growing number of part-time clubs in the national division."




Mista Fozz

Husband, Dad, Mascot Extraordinaire and all round IdiotMy Twitter Feed[/url]


(This post was edited by MistaFozzII on Jun 12, 2018, 11:06 PM)


Mr. T
Chelsea Transfer Target

Jun 12, 2018, 11:34 PM

Posts: 5226
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Post #2 of 11 (5990 views)
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In Reply To
The husband and wife duo took over ... in May 2015, with the aim of returning The Heed to the Football League for the first time since 1960.


They were never going to get away with that on here.


trevor56
Youth Team Regular

Jun 14, 2018, 6:39 AM

Posts: 210
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Re: [Mr. T] Gateshead sale falls through and there going part-time [In reply to] Can't Post or Reply Privately

I can see a relegation battle for them


Northumbrian
Youth Team Star

Jun 14, 2018, 7:18 AM

Posts: 377
Location: Northumberland
Team(s): Ponteland Utd, Newcastle Utd

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I can see a relegation battle for them


Agreed! I wouldn’t be surprised if they drop at least a couple of levels over the next few seasons. I went to 8 of their home matches last season, the highlight being beating Leyton Orient in the Trophy, great set of supporters but just not enough of them.


ladderman
Man City Transfer Target!

Jun 14, 2018, 7:58 AM

Posts: 7169
Location: Bishop's Stortford
Team(s): Bishop's Stortford & Cambridge United

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Re: [Mr. T] Gateshead sale falls through and there going part-time [In reply to] Can't Post or Reply Privately


In Reply To

In Reply To
The husband and wife duo took over ... in May 2015, with the aim of returning The Heed to the Football League for the first time since 1960.


They were never going to get away with that on here.

There seems to be a theory that if you say something enough it becomes true. The Donald is a master at this. It's also why I say "morning Kylie" every day.


Tykeoldboy
First Team Star


Jul 26, 2018, 7:07 PM

Posts: 2935
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Team(s): Doncaster Rovers, Everton, Mablethorpe

Post #6 of 11 (3427 views)
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Re: [ladderman] Gateshead sale falls through and there going part-time [In reply to] Can't Post or Reply Privately

There could be a change of direction for Gateshead after being sold to Hong Kong-based businessman Dr Ranjan Varghese. He hasn't revealed his short term or long term plans yet but a reversal back to full time must be a strong possibility.


genesimmons
Youth Team Regular

Jul 30, 2018, 1:23 PM

Posts: 260
Location: Chesterfield
Team(s): Gateshead

Post #7 of 11 (2340 views)
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There could be a change of direction for Gateshead after being sold to Hong Kong-based businessman Dr Ranjan Varghese. He hasn't revealed his short term or long term plans yet but a reversal back to full time must be a strong possibility.

despite what some say a
gateshead never went part time. they have retained training during the week etc and the management team. they just had a reduced budget. whether the squads bolstered in the next 2 weeks or the january windows who knows



You wanted the best, you got the best


kirby knitters
Qatar World Cup bid member!

Jul 30, 2018, 3:02 PM

Posts: 16197
Location: Kirby Muxloe
Team(s): Hinckley United FC.

Post #8 of 11 (2195 views)
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Re: [genesimmons] Gateshead sale falls through and there going part-time [In reply to] Can't Post or Reply Privately


In Reply To

In Reply To
There could be a change of direction for Gateshead after being sold to Hong Kong-based businessman Dr Ranjan Varghese. He hasn't revealed his short term or long term plans yet but a reversal back to full time must be a strong possibility.

despite what some say a
gateshead never went part time. they have retained training during the week etc and the management team. they just had a reduced budget. whether the squads bolstered in the next 2 weeks or the january windows who knows

So what are fans saying about Dr Rangan Varghese? HK based but does he have any connection to the Newcastle/Gateshead area, if not then what is he getting out of it all?


genesimmons
Youth Team Regular

Jul 30, 2018, 11:38 PM

Posts: 260
Location: Chesterfield
Team(s): Gateshead

Post #9 of 11 (1614 views)
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Re: [kirby knitters] Gateshead sale falls through and there going part-time [In reply to] Can't Post or Reply Privately


In Reply To

In Reply To

In Reply To
There could be a change of direction for Gateshead after being sold to Hong Kong-based businessman Dr Ranjan Varghese. He hasn't revealed his short term or long term plans yet but a reversal back to full time must be a strong possibility.

despite what some say a
gateshead never went part time. they have retained training during the week etc and the management team. they just had a reduced budget. whether the squads bolstered in the next 2 weeks or the january windows who knows

So what are fans saying about Dr Rangan Varghese? HK based but does he have any connection to the Newcastle/Gateshead area, if not then what is he getting out of it all?

Jury's out. Nowt but a brief statement so far



You wanted the best, you got the best


shimtoan
First Team Regular


Jul 31, 2018, 7:42 AM

Posts: 1196
Location: Dunkirk, Nottingham
Team(s): Dunkirk

Post #10 of 11 (1472 views)
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Re: [kirby knitters] Gateshead sale falls through and there going part-time [In reply to] Can't Post or Reply Privately


In Reply To

In Reply To

In Reply To
There could be a change of direction for Gateshead after being sold to Hong Kong-based businessman Dr Ranjan Varghese. He hasn't revealed his short term or long term plans yet but a reversal back to full time must be a strong possibility.

despite what some say a
gateshead never went part time. they have retained training during the week etc and the management team. they just had a reduced budget. whether the squads bolstered in the next 2 weeks or the january windows who knows

So what are fans saying about Dr Rangan Varghese? HK based but does he have any connection to the Newcastle/Gateshead area, if not then what is he getting out of it all?

Possibly looking to get some business for his company?

Or fancied owning an English football club. And why not buy one for sale?



unless stated, all views are my own and are not the views of any other person, club, or organisation


kirby knitters
Qatar World Cup bid member!

Jul 31, 2018, 8:00 AM

Posts: 16197
Location: Kirby Muxloe
Team(s): Hinckley United FC.

Post #11 of 11 (1457 views)
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Re: [shimtoan] Gateshead sale falls through and there going part-time [In reply to] Can't Post or Reply Privately


In Reply To

In Reply To

In Reply To

In Reply To
There could be a change of direction for Gateshead after being sold to Hong Kong-based businessman Dr Ranjan Varghese. He hasn't revealed his short term or long term plans yet but a reversal back to full time must be a strong possibility.

despite what some say a
gateshead never went part time. they have retained training during the week etc and the management team. they just had a reduced budget. whether the squads bolstered in the next 2 weeks or the january windows who knows

So what are fans saying about Dr Rangan Varghese? HK based but does he have any connection to the Newcastle/Gateshead area, if not then what is he getting out of it all?

Possibly looking to get some business for his company?

Or fancied owning an English football club. And why not buy one for sale?
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Probably nothing wrong in the purchase whatsoever but the cynic in me always looks for ulterior motives when foreign money comes into a non league club. Many have been burned by false promises made and ended up in a worse situation than they were in before the takeover.


 
 


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