Durham Women's Football Club has been saved from the brink of collapse after South Shields co-owner Geoff Thompson agreed to acquire a majority shareholding. The crucial investment, supported financially by South Shields co-investor Jason Ye, ensures the club's immediate future and its continued presence in the Women's Super League 2 (WSL 2) for the upcoming season. This news brings significant relief to players, staff, and supporters after the club issued an urgent appeal for a takeover on 8th June.
The club had previously announced that it was in danger of losing its professional status, stating it had just 21 days to find a buyer or face ceasing all operations. This desperate call came after previous potential investors had withdrawn. While the precise financial details of the acquisition have not been disclosed, the agreement represents a vital lifeline for a club that has operated as an independent entity in the women's professional game for over a decade.
Geoff Thompson, a prominent figure in North East football, expressed his commitment to the club's longevity. He stated that the immediate priority was to safeguard Durham Women and protect its long-term future, emphasising the club's crucial role within the local community. Thompson has a proven track record in football, having overseen three successive promotions during his time as chairman of South Shields before becoming a co-investor in 2017.
Thompson also extended thanks to Jason Ye for his trust and confidence in the venture and the North East region. Both investors share a strong belief in the burgeoning future of women's football, confident that Durham Women is well-positioned to be part of this exciting growth. As part of the new ownership structure, Durham club founders Lee Sanders and Dawn Hepple will retain their roles as shareholders, maintaining a link to the club's origins.
Founded in 2007 as an under-10 girls' team, Durham Women were accepted into the WSL structure in 2014 as a senior women's side. They have spent 12 years competing in the second tier without any affiliation to a men's club, a unique position in the modern women's game. Last season, the club finished 10th in the WSL 2 and has twice reached the quarter-finals of the Women's FA Cup, demonstrating their competitive spirit and potential.
Source: Durham Women's FC Statement