Gateshead Football Club owner and chariman Ranjan Varghese has publicly announced that the club is up for sale.
Following talks with Gateshead’s supporters’ association, it has been agreed that the club is now up for sale for £1, and the club will work with representatives from the supporters’ association to find a new buyer. Varghese has been owner of Gateshead Football Club since July 2018 and is still committed to run the club until 31st May once the £200,000 bond is returned by the National League.
Gateshead Soul Chairman Bernard McWilliams said: “I’d like to thank Ranjan and Joe (Cala) for working with us as fans to look at a way to resolve matters off the pitch and show the same unity that we have shown on the pitch throughout the season.
“To that end, I would thank the fans for their support and as we now have a resolution in place, we would respectfully ask them to stand down from the planned protest and get behind Ben and the lads on Saturday.
“I’m looking forward to working with the club and finding prospective buyers that will take us onto next season.”
Gateshead FC General Manager Alisha Henry commented: “After meeting with the club and Bernard, I feel this is the best possible solution for the club to move forward.
“I will be working closely with the fan group in vetting any new owner, to make sure the club can move into next season successfully.”
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