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Gillingham's stadium sale plans backed

FINAL HURDLE: Gills chairman Paul Scally
FINAL HURDLE: Gills chairman Paul Scally

GILLINGHAM shareholders voted overwhelmingly in favour of Chairman Paul Scally's plans to sell Priestfield Stadium.

During the club's Extraordinary Meeting on Friday the shareholders agreed to Mr Scally's proposal for the sale of the ground to Priestfield Developments Ltd.

Mr Scally is involved in both businesses and the sale of the ground, for approximately £9.8million, will leave the football club with a manageable overdraft of around £3.5million.

Friday's meeting was the final hurdle Mr Scally had to cross in his long-running battle to restructure the club's finances with their bankers The Bank of Scotland.

Mr Scally said: "It was a highly encouraging meeting with a number of supporters exchanging frank views with myself before a result was reached."

Shareholders had their say on the matter and Mr Scally's proposal received a 98.1 per cent share of the vote.

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