Hartlepool United’s long-awaited sale has been completed, with American real estate developer Landon Smith buying the National League side.
The takeover was confirmed on 31 December, two years and nine months after the club was first put up for sale by Raj Singh.
In a statement confirming that Smith has acquired a full controlling stake “with immediate effect”, the deal was described as one that marks “a significant new chapter in the club’s history”.
Smith, a co-founder and principal partner of Minnesota-based real estate company Tailwind Group, says he comes in with plans to restore Hartlepool to the English Football League and invest in the club on and off the pitch while “enhancing financial sustainability”.
“Having looked at several National League and EFL clubs, it was clear to see the potential with Pools, including the benefit of the foundation work that has been put in under the current owner’s tenure,” Smith told the club website., external
“I’m looking forward to building on that, and I’m fully committed to investing in the club for what I hope will be a very exciting future.”
