Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

Levy
FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Gateshead Confirm Takeover Of Club

Wed 27th May 2015 | Clubs Ownership

Gateshead Football Club have confirmed that local business owners Richard and Julie Bennett have acquired the total shareholding of Chairman Graham Wood. 

The Bennett’s own Consett-based Derwentside Environmental Testing Services (DETS) and have been sponsors of the Vanarama Conference Premier side for the last two years.

Commenting on the change of ownership, Wood said: “Since I announced my intention to seek a new owner at the beginning of the month, Vice Chairman and Chief Executive, Brian Waites and I have been busy considering offers from far and wide.

“However, it wasn’t until last week that we first discussed the possibility of Richard and Julie, the owners of Consett-based company Derwentside Environmental Testing Services (DETS) taking over the club.

“DETS has been sponsoring Gateshead for the last two years, the entire Bennett family come to our games and their enthusiasm for the club is quite apparent.

“I can truly say that Richard and Julie are my idea of the perfect successors. They are both local, Richard is from Newcastle and Julie from Gateshead, are very successful business people and possess the ambition and the means to continue with the objective of returning Gateshead to the Football League.

“We all recognise the benefit of a seamless transition and consequently I have agreed to remain as Chairman until such time as Richard feels ready to take over the role. Julie, who is the Finance Director of DETS, will take over that position at the club. Brian Waites will continue in his existing role.

“Naturally, we realise that the transition has put us a couple of weeks behind in appointing a new manager but we can now move forward on that front and focus totally on preparing for the new season and another promotion push.”

Commenting on behalf of the new owners, Richard Bennett said: “We’re delighted to have been given the opportunity to take over the club and we’ll be looking to build on the solid foundation which Graham Wood, Brian Waites and the support staff have created over the past nine years.

“We are thrilled that both Graham and Brian have agreed to stay on to help push this great club forward, commencing with another promotion challenge next season. We can’t wait to get started.

“For everyone at the club it’s business as usual and the appointment of a new manager is top priority.” 

Posted by: Aaron Gourley

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE FCBUSINESS RSS FEED

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Portsmouth Enter Possible Takeover Talks

Thu 23rd Mar 2017 | Clubs Ownership

Portsmouth Football Club has confirmed it’s in talks regarding a potential takeover. In a statement released by the club, they said: “Portsmouth Community Football Club would like to...

Walker Morris Advise On Leeds United Sale

Thu 5th Jan 2017 | Clubs Ownership

Specialist Sports Law Team at Walker Morris reinforces its national reputation for football club acquisitions/sales with the latest sale of Leeds United FC. Specialist sports lawyers at Walker Morris...

Aser Group Holding Acquires 50% Of Leeds United

Wed 4th Jan 2017 | Clubs Ownership

Aser Group Holding has completed its investment in Leeds United Football Club today. Leeds United Football Club has confirmed Aser Group Holding, through its acquisition vehicle Greenfield Investment...

Notts County Sold To Local Businessman

Mon 19th Dec 2016 | Clubs Ownership

Notts County owner Ray Trew has confirmed the sale of the club after reaching an agreement with local businessman Alan Hardy. Having held discussions with a number of prospective buyers in recent...