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 Post subject: Gateshead
PostPosted: Thu May 24, 2018 1:41 pm 
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Joined: Sun Jul 19, 2009 11:29 am
Posts: 2032
Team Supported: Darlington
Supposed to be getting taken over by an "overseas consortium", remaining full-time and retaining the management team. Why would foreign investors be interested in a club in the National League without their own ground, that's been losing £1m a year and with a tiny fan base? Half the first team have already left and the captain (Byrne) and top scorer (Johnson) are about to follow. Apparently it's going to take a few weeks to sort out and get the neccesary permissions in place. Won't give Steve Watson much wriggle room to replace his lost first team and get preparations in place. Meanwhile virtually everyone at the club is a free agent.


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 Post subject: Re: Gateshead
PostPosted: Thu May 24, 2018 2:03 pm 
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Joined: Sat Jul 11, 2009 6:32 pm
Posts: 20832
Team Supported: Darlington
Just had a look at their forum and have seen posts saying stuff like "this club has so much potential"

No, no, it fucking doesn't. As the previous two owners have realised.

Where do these little pipsqueak clubs keep on finding these rich backers though? The only ones we've had were ones who put us into administration every time they realised that we're just a little pipsqueak club as well.

These other clubs seem to get passed on to new owners with no or reduced debts, and rarely administration.

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“Everybody knows where that club is going now, so I’m out of the way. They can carry on, it’s their club, they can keep it." - Raj Singh, 2017


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 Post subject: Re: Gateshead
PostPosted: Thu May 24, 2018 2:25 pm 
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Joined: Sun Jul 19, 2009 11:29 am
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Team Supported: Darlington
I know. Just when you thought the hangers were to have their neck stretched up stepped a rich philanthropist with a love of football and an umblemished record... :D . This gateshead business seems very odd. I just can't see the attraction for foreign investors given the league they are in, the small crowds and playing football at a rented running track stadium. Maybe GR now lives abroad and he has unfinished business in football :D


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 Post subject: Re: Gateshead
PostPosted: Thu May 24, 2018 3:25 pm 
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Joined: Mon Oct 01, 2012 8:09 pm
Posts: 244
Team Supported: Darlington
Unless their potential new owners can somehow grow the fanbase and develop higher revenue streams so that the club is self sufficient at this level they will go through this cycle every few years until eventually there is no one there to take over, and we know what happens then.

We've been there and done that several times, we've had all the promises about progression/promotion/marquee signings etc etc and look where we ended up, the Northern League.

For every Wigan/Dave Whelan there is a Rushden and Diamonds etc.

It looks as though Barrow might have a tough season next season as their benefactor has pulled the funding so they will be working on a much reduced budget next season, as they get smaller gates than us but have had an owner putting money in. Dagenham and Redbridge are currently in the same position as well, they don't know if they are going to have a football club past the summer.

Pursuing the model we are now might be slow and uneventful compared to having someone come in chucking money in and promising the earth, but it's the only way to operate as since I began following this club I've seen three administrations and I don't want that again, once is enough. If it is built up properly and over time it will lay strong foundations for the future and ensure that we don't have to go through admin/financial difficulties again.


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 Post subject: Re: Gateshead
PostPosted: Thu May 24, 2018 4:38 pm 
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Joined: Fri Jul 10, 2009 10:27 am
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Team Supported: Darlington
Plus, in a few years (maybe 10 or so) the fan owned model might be much more commonplace and create more of a level playing field.


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 Post subject: Re: Gateshead
PostPosted: Thu May 24, 2018 6:13 pm 
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Joined: Sun Jul 19, 2009 11:29 am
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Team Supported: Darlington
The players are really buying into the exciting new future with foreign owners... captain Neill Byrne has just buggered off to Fylde and Danny Johnson is by all accounts going soon.


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