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Dublin: 11 °C Wednesday 22 May, 2013

For sale: Dundalk board moves to find buyer

The cash-strapped owners are hoping an interested party will purchase the club’s long-term lease.

Oriel Park.
Oriel Park.
Image: INPHO/Donall Farmer

DUNDALK FC IS officially up for sale, it has been announced.

The Airtricity League Premier Division side are in serious financial trouble and last week revealed that they had met with the FAI and PFAI as playing staff hadn’t received payment of their wages.

Owner Gerard Matthews and the board are aiming to secure the club’s continued participation in the Airtricity League and their long-term stability and, in a bid to find a suitable buyer, have released a statement on their website.

Dundalk FC is inviting interested parties to contact the club either in writing or in person in relation to the sale of the club’s long term lease,” it reads.

Their newly-built youth development centre, which has three indoor astro turf pitches, bars, a gym, conference rooms, dressing rooms and an underground car park, is also owned by the club, as is Hiney Park – a four-acre site with a grass pitch.

Supporters group the Dundalk FC Community Trust were registered as a formal entity last week and are in the process of raising funds and signing up members. They intend to submit a formal expression of interest in the coming days.

Interested parties are encouraged to submit a written expression of interest to Oriel Park by July 30. For more information, visit DundalkFC.com.

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Comments (4 Comments)

  • Hope they survive. A great history and nice facilities, they just overspent in recent years like so many others.

    Reply
  • It’s a 5€ for 14 year olds into most league of Ireland grounds and the football is not that bad the football Ireland played at the euros was worse

    Reply
  • Great club with a great history it would be a shame to let it close. The cost of running a club is to high and with the exception of a few Dublin clubs and maybe Sligo most of the league clubs will run into financial pressure every few years. The FAI need to put something stable in place to keep the league going. Clubs should also look at the cost of tickets, 35 euro for me and my 14 year old to watch LOI which is not great standard by any means.

    Reply
  • It would be a shame for Dundalk to close great club with great history. All clubs maybe with the exception of 2-3 Dublin clubs and maybe Sligo will run into trouble very few years. The FAI needs to get there act together and put some stable plans in place to help the league. Ticket prices are also to high 35 euro for me and 14 year old to watch LOI which is not a great standard of football. 20 euro to watch Louth in Croke park for the two of us is far better value.

    Reply

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