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Former Wolves Director is new owner of Margate FC

Ryman Premier League club Margate FC hope to close to joining the Football League in three years time following a takeover. New owner Bob Laslett is a former Wolves director and heads Chaucer, a global consultancy company based in Kent.

Laslett has provided the funds for the much needed redevelopment of the club's Hartsdown Park stadium. The work will start in February and should be completed in twelve months.

Off the pitch, the club has seen its commercial activities go from strength to strength and at the summer AGM the club was able to announce an operating profit for the season. Unfortunately, further delays with the planning application for the stadium saw Travelodge withdraw from the project.

The hotel looks likely to be revived under Laslett's stewardship

Margate are currently 13th in the Ryman Premier League.


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