American Investor Landon Smith Takes Control of Hartlepool United in New Year’s Eve Takeover

Historic Takeover Marks New Chapter for National League Club

In a dramatic turn of events announced on New Year’s Eve, Landon Smith, an American investor and co-founder of real estate company Tailwind Group, has acquired a full controlling stake in Hartlepool United with immediate effect. The surprise takeover brings an end to Raj Singh’s eight-year spell as the club’s owner, marking a significant new chapter for the National League side.

Who is Landon Smith?

Smith, based in Minnesota, comes to Hartlepool with strong credentials in the business world as co-founder of Tailwind Group, a real estate company. Landon has passed all League and FA ownership criteria, including submission of detailed business plans and up-front proof of funding, providing reassurance to supporters concerned about the club’s financial stability.

It was revealed Smith had looked at ‘several National League and EFL clubs’ before opting for Pools, suggesting a considered approach to his investment in English football.

Immediate Priorities and Future Plans

The new owner has called for patience from supporters whilst outlining his vision. Smith has stressed the “immediate priority is to ensure a smooth transition period and to support the current staff and team with their endeavours this season”. In his first statement, Smith expressed his excitement, saying he was “delighted and honoured to take the reins as the latest steward at Hartlepool United”.

Significance for Hartlepool and English Football

The takeover represents a growing trend of American investment in English football clubs across all levels of the pyramid. For Hartlepool United supporters, the change brings hope after a turbulent period under previous ownership, which saw 14 managerial changes during Singh’s spell in charge. With financial backing and business expertise, Smith’s arrival could provide the stability needed for Hartlepool to mount a serious challenge for promotion back to the English Football League. The coming months will prove crucial as the new owner settles into his role and begins implementing his long-term vision for the club.