The PEAK6 backed takeover of Dundalk FC has finally been confirmed.
A statement released on the Dundalk FC website on Thursday evening confirmed that the ‘sale of 100% of the club’s shares’ had been made to the US based Consortium.
The group is led by PEAK6 Sports from Chicago and includes investors with significant experience in football on both the commercial and playing sides. PEAK6 also owns a stake in English Premier League side AFC Bournemouth
‘We’ve been following the incredible success of Dundalk FC over the past few seasons and have spent months assessing this opportunity, attending games and getting to know the club,’ said spokesman Jordan Gardner.
‘What Stephen Kenny and the players have accomplished under the stewardship of Andy Connolly and Paul Brown is nothing short of remarkable.
“We are excited to take up the reins and help build on the club’s success. We are confident that with all of us working together there will be many more good days and nights ahead for Dundalk FC,” he added.
Brown and Connolly, who stepped in to secure the club’s future in 2012, both see the transfer of ownership as a significant step forward for the club.
“We have always said that we would only step down if we found the right kind of owners for the club and in this consortium we believe we have done that,” explained Brown.
“We are confident that they will take Dundalk FC to even greater success in the coming years.”
Both Paul and Andy will continue to support the club going forward acting as honorary ambassadors.
Former Sheffield United Managing Director Malachy Brannigan is expected to assume the role of CEO/MD at the club.
Brannigan, who hails from Yorkshire, spent just under two years at Bramall Lane between January 2014 and December 2015. Prior to that, he held senior positions at Coventry City, Hull City, Everton and Derby County.