| 25.8°C Dublin

Consortium seek Dundalk deal if American owners Peak6 follow through on intention to exit the stage

Irish investors wait in wings as US chiefs consider their options with club facing relegation dogfight 

Close

A general view of Dundalk's home ground, Oriel Park. Photo: Piaras Ó Mídheach/Sportsfile

A general view of Dundalk's home ground, Oriel Park. Photo: Piaras Ó Mídheach/Sportsfile

A general view of Dundalk's home ground, Oriel Park. Photo: Piaras Ó Mídheach/Sportsfile

An Irish consortium is strongly exploring the possibility of doing a deal to take over Dundalk if American owners Peak6 follow through on their intention to exit the stage.

There have been mixed messages around the plans of the US-based company – who are the majority owners of the League of Ireland club – with comments from manager Vinny Perth and chairman Bill Hulsizer suggesting they are looking ahead to next season.

However, the chairman, who is the father of Peak6 founder Matt, has also said they would listen to offers and it’s understood that the company is open to ending their Irish investment if a plausible route out emerges – and have indicated as such behind the scenes.

This has alerted prospective investors within Ireland, with talks concerning a takeover expected to accelerate in the coming week.

Local reports in Dundalk have said that locally owned software firm Statsports were looking at buying the club.

This is not understood to be the case, but they have been approached about getting involved with a takeover plan, and are open-minded on the concept.

A businessman from the Dublin area is at the forefront of the group and is looking to bring together interested parties.

Dundalk’s former co-owner Andy Connolly is believed to be in the equation too. He runs local company Fastfix. Connolly and his then business partner Paul Brown took over Dundalk in 2012, hiring Stephen Kenny to kick off a period of success before selling to Peak6 at the end of the 2017 season

The Halfway Line Newsletter

Get the lowdown on the Irish football scene with our soccer correspondent Daniel McDonnell and expert team of writers with our free weekly newsletter.

This field is required

Dundalk won league titles in 2018 and 2019 under the new owners but the arrival of Hulsizer as chairman coincided with changes on and off the park, and heavy staff and player turnover has caused considerable unrest and led to fan protests.

Despite having the biggest wage bill in the country by some distance, Dundalk sit in the relegation play-off positions and their hopes of European football for 2022 will be effectively over if they lose the FAI Cup quarter-final to Finn Harps tonight.

Meanwhile, Dundalk have paid tribute to their former player-manager Alan Fox who has passed away at the age of 85.

Welshman Fox arrived in Ireland in 1966 and led Dundalk to a league title in 1967, one of four trophies he collected in a two-year stay at the club.

Fox later went on to have stints with Limerick and Sligo before returning to the UK.

"His two seasons here are fondly remembered as the Fox era," read a statement from the club.


Most Watched





Privacy