Post by spennyfanchris on Oct 17, 2023 11:25:30 GMT
South Shields chairman Geoff Thompson is selling his share of the National League North club and will step down as he receives treatment for cancer.
Thompson has been chairman since 2015, during which time they have won the FA Vase and achieved four promotions.
Former Sunderland striker Kevin Phillips got them promoted to the sixth tier last term while former team-mate Julio Arca is now in charge.
"It's been an incredible journey and we have achieved so much," Thompson said.
"I'd love to continue the journey with you but as many of you will know, I was diagnosed with cancer last year.
"Although my recovery is going well and, hopefully, the worst is over, I need to put my health ahead of my various business interests. For that reason I have decided to sell my interest in the club."
Thompson added that the club will continue to receive his backing until the club finds alternative investment.
"I have invested heavily in our facilities and infrastructure over the years, creating a successful club that owns its own ground, has access to incredible facilities and, with the launch of the international academy, has an exciting and financially sustainable future.
"It's not a decision I have taken lightly. I have always acted in the best interests of the club and while in ordinary circumstances I would choose to continue, it's time for others to take the next stage of the journey with you.
"I'd like to reassure fans and all stakeholders that the club will continue to receive my full backing and support until we find the right person/persons to continue our progression and growth."
Article Here - www.bbc.co.uk/sport/football/67134687
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Really want to wish Geoff all the very best
Thompson has been chairman since 2015, during which time they have won the FA Vase and achieved four promotions.
Former Sunderland striker Kevin Phillips got them promoted to the sixth tier last term while former team-mate Julio Arca is now in charge.
"It's been an incredible journey and we have achieved so much," Thompson said.
"I'd love to continue the journey with you but as many of you will know, I was diagnosed with cancer last year.
"Although my recovery is going well and, hopefully, the worst is over, I need to put my health ahead of my various business interests. For that reason I have decided to sell my interest in the club."
Thompson added that the club will continue to receive his backing until the club finds alternative investment.
"I have invested heavily in our facilities and infrastructure over the years, creating a successful club that owns its own ground, has access to incredible facilities and, with the launch of the international academy, has an exciting and financially sustainable future.
"It's not a decision I have taken lightly. I have always acted in the best interests of the club and while in ordinary circumstances I would choose to continue, it's time for others to take the next stage of the journey with you.
"I'd like to reassure fans and all stakeholders that the club will continue to receive my full backing and support until we find the right person/persons to continue our progression and growth."
Article Here - www.bbc.co.uk/sport/football/67134687
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Really want to wish Geoff all the very best
