Waterford's future secure after Power's takeover deal
Swindon Town owner and chairman Lee Power has completed his takeover of struggling Airtricity League First Division side Waterford United.
The former Irish underage international had been in talks with Blues officials in recent weeks as he continues to expand his interests in football.
Waterford endured a troubled year with an appeal for €80,000 highlighting the extent of their issues.
Power, who spoke to FAI CEO John Delaney to discuss the club while considering his options, views Waterford as an attractive project.
"The facilities at the RSC, as well as those at the WIT Sports Arena, are top class," he said.
"I am delighted to be involved with a club of such great potential and one which has a wonderful footballing history. I hope the supporters and the business community will get behind what is a new beginning."
Power's first task will be to appoint the staff to lead a promotion charge. Pat Fenlon has been floated as an option for a director of football role while contenders for manager include Shelbourne's Owen Heary and former boss Alan Reynolds, who is among those accepted fot the FAI's next Pro Licence course.
Stephen Bradley is also enrolled which removes an obstacle to formally appointing the Dubliner as the next manager of Shamrock Rovers. The caretaker boss has been driving recruitment since the end of the season.
Graham O'Hanlon is also registered on the course after his abrupt departure from Bohemians where he served as assistant to Keith Long. Trevor Croly is expected to replace him at Dalymount Park.
Elsewhere, Dundalk will prepare for their remaining Europa League games by taking on Brentford's reserves in a friendly in London tomorrow.
That is sure to alert the clubs trailing a number of their star turns, particularly Daryl Horgan who is wanted by a posse of Championship clubs. Preston, Reading and Ipswich are leading the race.
The delayed end to Dundalk's campaign will have a knock-on effect on the transfer market at home as the outcome of their attempts to make the Europa League round of 32 could impact on whether players stay or go.
Stephen Kenny has targeted St Pat's in-demand striker Christy Fagan and flying Bray winger Dylan Connolly, but the latter's contractual situation could halt any move. Bray are trying to sign Fagan too.
Other players on Kenny's radar include Notts County's Graham Burke - who is also wanted by Shamrock Rovers - and UCD defender Maxi Kouogun.