The completion of Flacks Group’s takeover, subject to Independent Football Regulator approval, has been met with both relief and delight by everyone connected with Gateshead Football Club.
Interim Chairman, Graham Wood, said: “Tuesday’s victory over Stoke City U21s – the first win since August – heralded a good news week for the club in which the conclusion of several weeks hard work came to fruition with confirmation of the new owners.
“Exciting times lie ahead as we learn of Flacks Group’s plans for the club and seek to turn a disappointing start to the season around with the appointment of a new manager.
“Staff and players have now been paid and funds are in place to satisfy HMRC and other creditors.
“My thanks to the club’s former shareholders for their part in facilitating the change of ownership and to the staff and players for their forbearance during the tough times of the past two months.
“Gateshead Football Club has a bright future and we now look to the townspeople of Gateshead to embrace the opportunity, get behind the club and swell the numbers of our loyal fan base.”
