Drogs 'open' to takeover
Published 11/12/2010 | 05:00
DROGHEDA UNITED have made another urgent appeal for investment after their shareholders admitted they are no longer able to fund the running of the club and are open to a takeover.
Drogheda were relegated from the Premier Division this year after a troubled campaign and a steering group of fans looking to guarantee the club's survival have projected a shortfall of €150,000 for 2011.
"Under the circumstances, the only way in which the club can trade next season is with outside investment," read a statement from Drogheda.
A public meeting will take place in Drogheda's Droichead Arts Centre next Tuesday to discuss the situation.