The town's history is tied closely to the sea and it has a proud maritime tradition. Like its neighbour Ramsgate, it has been a traditional holiday destination for Londoners, drawn to its sandy beaches.
In the late 18th century, the town was chosen as the place in which was build the Royal Sea Bathing Hospital, which was the first of its kind in Britain.
Like Brighton and Southend, Margate was infamous for gang violence between mods and rockers in the 1960s, and mods and skinheads in the 1970s.
The Turner Contemporary Art Gallery occupies a prominent position next to the harbour, and was constructed there with the specific aim of revitalising the town. The Thanet Offshore Wind Project completed in 2010, is visible from the seafront.
In 1981 the club changed its name to Thanet United, a name which was retained until 1989 when the name reverted to Margate. In the final season under the Thanet name, the team achieved its lowest league placing for many years, escaping relegation from the Southern League by just one place.
In 1996, the club's centenary year, the club appointed Chris Kinnear as manager. In 1997-8, he took the team to the first round proper of the FA Cup where they played Fulham in a home tie that drew a crowd of 5,100. Although the Gate took the lead, the Cottagers eventually won 2–1. The following season saw the club finally win promotion to the Southern League Premier Division, albeit only after an appeal was lodged against the league's initial refusal to allow the team promotion due to the club failing to carry out necessary ground improvements in time. The Premier Division championship followed in the 2000-1 season, and with it promotion to the Football Conference.
The 2001-2 season was Gate's first-ever season of Conference football and they finished the season in eighth place. In the 2002-3 season the team began groundsharing at Dover Athlectic, while redevelopment work took place at Hartsdown Park, but various problems stalled the planned redevelopment. On the pitch, Margate enjoyed more success in the FA Cup when, after defeating Leyton Orient in the first round, they were drawn at home to Cardiff City in the second round, but lost 3–0. The following season, despite finishing sixteenth, the Gate were forcibly relegated one division due to the ongoing delays and problems with the redevelopment plans for Hartsdown Park.
Margate spent the 2004-5 season in the Conference South now groundsharing at Ashford Town. Amid ongoing issues with the redevelopment work, which at one point made it seem very likely the club would fold completely, Margate were again relegated to the Isthmian League Premier.
In 2008-9,the club narrowly avoided being subject to High Court action over unpaid debts to HM Revenue and Customs. The club finished the season in 19th position in the table and was expected to be relegated to Div One South but was reprieved due to other clubs folding. The manager during this crisis was Terry Yorath.
The following season, Margate again finished in the bottom four, but the club again received a reprieve from relegation. Chris Kinnear returned for a second spell to manage the team at the start of the 2011-12 season. He moved to Dover Athletic the following season. As of 2021 the team continue to play in the Isthmian League Premier Division.
The club's current crest is a simplified version of the coat of arms of the town of Margate, incorporating a lion conjoined to a ship's hull, a reference to the arms of the Cinque Ports and the white horse emblem of Kent.
Margate's shirts have borne various sponsors' logos including the pop group Bad Manners, whose name appeared on the team's kit as part of a sponsorship deal with their record label in the late 1990s. Lead singer Buster Bloodvessel was running a hotel in Margate at the time and actually joined the football club's board of directors. Another band, The Libertines, sponsored the club for the 2018–19 season, after starting work on a recording studio and hotel in the town.
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