Administrators have been called in after the collapse of a Newcastle-based five-a-side football firm that less than two years ago had national ambitions.
Founded by ex-Newcastle United Kenny Dalglish, and in later years run by former Sunderland star Paul Bracewell, Complete Football (Gosforth) Limited has been placed in the hands of insolvency experts Tait Walker.
“The site is well invested and has a well-established name and reputation,” said administrator Allan Kelly.
“Interest in the site from potential purchasers is high and we are in discussions with a number of parties.
“I am hopeful that this will be concluded within weeks.
“I would like to thank the staff, customers and suppliers for the very positive support received.”
Complete Football in Gosforth Park was set up by Dalglish in 2006 before he even became Newcastle United manager.
It’s £3m site grew to have six small football pitches and a full-size international pitch as well as ten team dressing rooms, a fitness club, party and board rooms, a studio and players lounge.
Under Dalglish’s tenure efforts were made to launch similar centres in Nottingham and Leicester, but they were ultimately unsuccessful, and the Liverpool legend left the Gosforth business in 2010, with Bracewell and Durham-based care home entrepreneur Alison Morgan taking the reigns.
As recently as 2012 plans were again announced to try and replicate the apparent success of the Gosforth site in other parts of the country – starting with a £2m site in Liverpool.
The centre was also used by Tyne Metropolitan College to offer “elite players” aged 16 or over academic courses and coaching in a facility recognised as a focus college for football by the Football Association and British Colleges for Sport.
But between 2011 and 2012 the firm’s net assets dropped in value by almost £1.6m, while liabilities were stable at almost £2.7m.
Bracewell left the company in September 2013 along with fellow director Steven Akers and the firm, now solely under the control of Ms Morgan, entered administration on January 27. However, the firm’s parent company Complete Football (NE) Limited is still trading.