Newspaper article Evening Gazette (Middlesbrough, England)

QUAKERS' FUTURE STILL IN BALANCE; Darlington FC

Newspaper article Evening Gazette (Middlesbrough, England)

QUAKERS' FUTURE STILL IN BALANCE; Darlington FC

Article excerpt

Byline: ANDREW WILKINSON

DARLINGTON'S future today remained in the balance, with crucial talks scheduled.

There is understood to be three parties interested in the club, but no clear favourite - and all three parties still have a lot of work to do if they are to save the club.

Young businessman Paul Wildes, 35 - who is reported to have said yesterday that he planned to take the club out of administration by the weekend - has revealed he has not agreed a deal with former club chairman Raj Singh.

He is understood to have last night told members of the Darlington Football Club Rescue Group that he had pulled out of a bid to buy the club.

But he later said that he was still interested, though confirmed he had no agreement with the former chairman, which could be a crucial element of any deal.

But some supporters were already sceptical about his plans. He had stated that he wants to invest pounds 300,000, with fans buying a 40% stake for pounds 200,000.

He wants to keep the club at the current site and use the Arena for a range of purposes which he claims can make it profitable.

But there are fears that the club will never be viable at The Arena, having already gone into administration three times since moving there in 2003.

A Yorkshire-based development company has arranged talks for today with Darlington Borough Council. They want to develop the Arena site and relocate the club, and are talking in figures of millions rather than Wildes' pounds 300,000.

A third interested party, a wealthy local businessman, also wants to relocate the club elsewhere in Darlington.

Steve Weeks, of the rescue group, told the Gazette: "We are doing everything we can to save the club. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.