Gillingham confirm change of ownership
Gillingham confirm change of ownership as American businessman Brad Galinson takes over from Paul Scally after 27 years and targets ‘lucrative transfer window’ to help Neil Harris’ side
- League Two side Gillingham have confirmed they have been taken over
- American businessman Brad Galinson has acquired majority shares in the club
- He takes over from Paul Scally, who retains minority shares, after a 27-year reign
- Galinson has targeted ‘a bright future with a lucrative transfer window’
Gillingham have announced Florida-based businessman Brad Galinson has acquired a majority shareholding in the club.
The Gills, who currently lie bottom of the Sky Bet League Two table, said that Paul Scally, chairman since 1995, would retain a minority shareholding.
A statement said: ‘Gillingham Football Club, after a long, collaborative due diligence process, can today confirm that Brad Galinson has acquired a majority shareholding in GFC Holdings and Gillingham Football Club Ltd.
Gillingham have confirmed that American businessman Brad Galinson has taken over the club
Galinson replaces Paul Scally (pictured), who retains minority shares following a 27-year reign
‘As a result, Brad Galinson will become the majority shareholder, with Paul Scally retaining a minority shareholding.’
Galinson said: ‘Myself and my family are absolutely delighted to have completed the acquisition of Gillingham Football Club. 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.’
Gillingham lost 2-0 to Premier League side Wolves in their most recent game in the Carabao Cup on Tuesday
Scally said: ‘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 forward to meeting as many of you as possible. He has become not only a partner but I have grown to consider him a friend.’
Paul Fisher, co-chairman since Scally took a step back from the club earlier this year, tweeted: ‘So so pleased to have helped facilitate this exciting new era for the Gills. The future starts today.’
Gillingham, having scored just six goals in 20 league games so far this season, face Colchester, who are one place above them in 23rd, in league action on Boxing Day.
Neil Harris’ side are currently bottom of the Football League and have scored six goals in 20 league games this season.
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