Gateshead interim chairman Graham Wooden says that he expects membership wages to be paid on Tuesday.
Gamers and employees haven’t been paid for September in a troublesome interval for the Tyneside membership as they await new funding.
An settlement in precept has been reached with American funding firm Flacks Group for them to take over the operating of the membership.
However Wooden has issued a statement , externaloutlining occasions of the final couple of weeks and why sure issues have occurred.
The interim chairman says {that a} deal was struck on Thursday whereby the brand new homeowners would supply a direct mortgage in order that overdue wages might be paid after which due diligence might be carried out and an exclusivity settlement might be signed.
These have been each accomplished and funding was launched on Friday, however with the brand new homeowners based mostly within the USA, Wooden stated that worldwide banking procedures meant the cash couldn’t instantly switch and was as a substitute “anticipated to reach by Tuesday on the newest”.
On the pitch, Gateshead stay backside of the Nationwide League and and not using a supervisor following a 4-1 defeat at Halifax Town, their eleventh loss in 13 league video games this season.
Lee Cattermole was sacked earlier this month after simply 4 months in cost, with only one win and 11 defeats throughout his 14 matches.
