American Brad Galinson completes Gillingham takeover with the club bottom of League Two
AMERICAN businessman Brad Galinson has acquired a majority shareholding of League Two strugglers Gillingham.
The Florida-based property magnate has been linked with a takeover of the bottom-of-the-table Gills for several months but has acquired a majority shareholding in GFC Holdings and Gillingham Football Club Ltd, becoming the majority shareholder with Paul Scally retaining a minority shareholding.
The Priestfield Stadium club stated the purchase has come after a 'long, collaborative due diligence process'.
“Myself and my family are absolutely delighted to have completed the acquisition of Gillingham Football Club,” said Mr Galinson in a statement.
“It is a club with a rich heritage and a passionate, loyal fan base.
“Paul Scally has done an excellent job over the last 27 years and we hope with our involvement the club will move forward. A bright future with, hopefully, more goals and a lucrative transfer window are on the horizon.”
Mr Scally added: “This is a monumental, exciting and historical time in our club’s long history.
“Brad and his family will be arriving into the UK in early January and I’m sure will be looking to meeting as many of you as possible.
“He has become not only a partner but I have grown to consider him a friend.”
Neil Harris’ side are at the foot of the League Two table, having put two wins and eight draws on the board in their 20 league outings and are in the relegation zone alongside Colchester United, who have also picked up 14 points.
The two sides meet at Priestfield Stadium in a relegation six-pointer on Boxing Day, Monday 26 December (15:00).
Gillingham and Colchester United are just a point adrift of the two sides immedaitely above them, Hartlepool United and Rochdale.
Visit Gillingham’s website: www.gillinghamfootballclub.com