Monday 16 January 2017

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.

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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.

Irish Independent

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