Peadar
03/11/2006, 3:11 PM
Taken from todays Echo.
CORK CITY chairman Brian Lennox today confirmed that takeover talks have been held with a local investor.
City’s sole owner said that talks were held over the last few days, that he is considering a proposal and further talks are planned for early next week. “A proposal has been put to me to buy the club out and take it over but I need time to think about it,” said Lennox who flatly rejected strong rumours that he has turned down a substantial cheque offer last night. “I need to weigh things up now over the weekend and I have to convince myself that this is a genuine offer and in the long-term best interests of the football club,” he added.
Cork City FC will sign a new two-year sponsorship deal with LeisureWorld next weekend worth g30,000 over two seasons with an option to extend the deal.
The club also have over g200,000 inUEFA prize money coming to them in May 2007 after their exploits in the Champions League earlier this season.
CORK CITY chairman Brian Lennox today confirmed that takeover talks have been held with a local investor.
City’s sole owner said that talks were held over the last few days, that he is considering a proposal and further talks are planned for early next week. “A proposal has been put to me to buy the club out and take it over but I need time to think about it,” said Lennox who flatly rejected strong rumours that he has turned down a substantial cheque offer last night. “I need to weigh things up now over the weekend and I have to convince myself that this is a genuine offer and in the long-term best interests of the football club,” he added.
Cork City FC will sign a new two-year sponsorship deal with LeisureWorld next weekend worth g30,000 over two seasons with an option to extend the deal.
The club also have over g200,000 inUEFA prize money coming to them in May 2007 after their exploits in the Champions League earlier this season.