He is reportedly in discussions with two potential investor groups, which could secure enough funding to keep the club afloat until the end of the season. Although Ainscough had set a 5pm deadline for securing investment, this has now been extended. The club’s debts are estimated to exceed €1 million.
When asked if a deal was imminent, Ainscough responded, “I’ve been close to deals before that didn’t materialize, so we’ll see how it goes. But I’m still fighting to ensure there’s a future for the club.”
Sports Minister Thomas Byrne has said that Dundalk FC will receive most if not all of the €500,000 it is seeking to develop the pitch and lights at Oriel Park. He said Government was bringing forward this announcement to be helpful to the club at this “critical juncture.” pic.twitter.com/xo6WglCCJK
— Mícheál Lehane (@MichealLehane) September 16, 2024
Meanwhile, Sports Minister Thomas Byrne confirmed that Dundalk would receive the majority of a €500,000 grant it had requested for pitch and lighting upgrades at Oriel Park, adding that the government would expedite the payment to support the club at this "critical juncture."
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