Home   Medway   Sport   Article

Brad Galinson interest in Gillingham Football Club revealed in Companies House documents

Gillingham fans hoping for a brighter future will be cheered by the latest documents filed at Companies House.

Florida-based businessman Brad Galinson has been rumoured to be interested in taking over at Gillingham and a ‘registration of a charge’ over Priestfield Stadium has been filed under his name with the UK’s registrar of companies.

Gillingham fans will hope US property tycoon Brad Galinson can help the club enjoy better times ahead
Gillingham fans will hope US property tycoon Brad Galinson can help the club enjoy better times ahead

With owner Paul Scally stepping back from his role as chairman this season and Paul Fisher coming in to oversee matters, the club have been open to offers and Mr Galinson - a property tycoon - has formally made known his interest in the club. Fans will now hope the Gills have funds to spend in the January transfer window - and beyond.

The registration of a charge states that Gillingham FC - the borrower - will provide security to Mr Galinson over his investment ‘for all its present and future obligations and liabilities to the lender.’

The charge entitles Mr Galinson to the freehold of Priestfield Stadium in exchange for his investment.

Gillingham FC have been approached for comment.

Mr Scally blamed hostile abuse for his decision to step back from the day to day business at the Gills but he’s been spotted at the last two matches. He’s been running the club since 1995.

For many years he has hinted at possible investors coming on board but nothing of note has materialised, insisting he didn’t want to risk the club’s future. But with the Gills in the bottom two of League 2 and facing possible relegation into non-league, the need for action has become more urgent.

First team boss Neil Harris hinted last week that things could be progressing well, saying: "This club has got a brighter horizon, hopefully, coming soon."

Gillingham have struggled to compete financially with those clubs around them, dropping out of League 1 last season and once more finding life tough in the bottom end of the Football League.

Close This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Learn More