The fans of Gateshead are the latest to suffer from ownership problems. The one time Football League club has been suspended from the National League. They can appeal, but whether an appeal can succeed remains to be seen.
The club has breached the league's rules on financial reporting and permitted loans, as well as defaulting on football creditors. At a disciplinary hearing The Heed were found guilty of failing to obtain security of tenure over its ground. The club has also been fined £3,500 and docked nine points from this season meaning they drop from ninth to 17th.
BBC Newcastle reported that a takeover of the Heed by supporters from owner Dr Ranjan Varghese had been agreed this week, but is not yet complete.
Some of the background to yet another story of unfit owners can be found here: Chaos and oblivion?
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