A USA-based consortium, which includes Bournemouth AFC shareholders PEAK6, bought League of Ireland club Dundalk FC for an undisclosed sum yesterday.
The consortium has purchased “100 per cent of the club's shares” and former owner Paul Brown said he as confident they would take the Oriel Park outfit to “even greater success”.
In 2016 ‘The Town’ reached the group stage of the Europa League and that success – which included a 1-0 win over Maccabi Tel Aviv – seems to have attracted the attention of the US investors.
“We’ve been following the incredible success of Dundalk FC over the past few seasons and have spent months assessing this opportunity, attending games and getting to know the club,” said consortium spokesman Jordan Gardner.
“What Stephen Kenny and the players have accomplished under the stewardship of Andy Connolly and Paul Brown is nothing short of remarkable.
“We are excited to take up the reins and help build on the club’s success. We are confident that with all of us working together there will be many more good days and nights ahead for Dundalk FC.”
The previous owners, Andy Connolly and Brown will remain involved with Dundalk as honorary ambassadors.
“We have always said that we would only step down if we found the right kind of owners for the club and in this consortium we believe we have done that,” explained Brown.
“We are confident that they will take Dundalk FC to even greater success in the coming years.”
