Sport Soccer

Tuesday 27 June 2017

Pressure mounts on Coughlan to sell Cork City

Neil Ahern

PRESSURE was mounting on Cork City owner Tom Coughlan last night to sell up after a local consortium announced it has made an offer to purchase the club, while also promising to give supporters trust FORAS a say in the running of the Leeside outfit.

A statement released yesterday evening by a marketing company representing Quintas, who in turn were representing two Cork businessmen, made public their plans to take over the club.

"The offer has been made on behalf of a consortium of local businessmen and is completely separate to the previous offer which Quintas facilitated," the statement read.

Details of the amount of money offered by Peter Gray -- a semi-retired property developer -- and ex-Adidas Ireland Chief Executive Michael O'Connell were not divulged.

But the major factor was the public backing given by FORAS in the statement -- the vast majority of Cork fans are very much in favour of involving the supporters trust in the day-to-day running of the club.

"We support this move. This is a really exciting offer made by individuals who have the best interests of the club at heart," said FORAS chairman, John O'Sullivan.

Earlier yesterday, Cork announced that they will hold a press conference this afternoon, sparking speculation that a takeover may be imminent.



  • Sean McCaffrey's Republic of Ireland's U-17s continued their preparation for the UEFA elite qualifiers next month with a 1-0 friendly victory over Hungary at The Carlisle Grounds last night thanks to a 54th-minute Daniel Purdy penalty.


Irish Independent

Promoted articles

Editor's Choice

Also in Sport