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Thread: Hull City owners to take majority stake in Dundalk?

  1. #161
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    I see some (another) crowd of chancers want to take over Dundalk. They plan such revolutionary changes as..checks notes..solar panels, a coffee shop that opens all week and talks from ex Premier League footballers.
    Upwards to the vanguard where the pressure is too high.

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    Seasoned Pro joey B's Avatar
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    Going from chatting about category 4 stadiums to opening a coffee shop in about 4 lines of that statement is hilarious,bizarre!
    Irish by birth ,Harps by the grace of god.

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    Seasoned Pro ger121's Avatar
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    Quote Originally Posted by Longfordian View Post
    I see some (another) crowd of chancers want to take over Dundalk. They plan such revolutionary changes as..checks notes..solar panels, a coffee shop that opens all week and talks from ex Premier League footballers.
    They would have to call it Oriel Perk.

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  5. #164
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    So Kerry’s owners has left them and is now buying Dundalk. Mother of god we have a brilliantly mad league

    https://www.irishexaminer.com/sport/...-41276785.html
    Paaatrick's Agletic

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    Seasoned Pro joey B's Avatar
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    That’s mental,what a league!
    Irish by birth ,Harps by the grace of god.

  7. #166
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    It appears Kerry FC's finances are still solid, with the non-KDL shareholding in the hands of various Boston associates of Ainscough, rather than in the name of the former CEO himself:


  8. #167
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    Which is about all the assurance available, as Kerry's own statement is little more than flannel:

    https://kerryfc.com/kerry-fc-statement-24-11-23/

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    International Prospect Nesta99's Avatar
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    Quote Originally Posted by 2 Year Contract View Post
    So Kerry’s owners has left them and is now buying Dundalk. Mother of god we have a brilliantly mad league

    https://www.irishexaminer.com/sport/...-41276785.html
    Not to steal anyones thunder but this will all end in tears!

  10. #169
    Seasoned Pro holidaysong's Avatar
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    My main concerns at this very early stage would be:

    1. the ease at which he has jumped ship from Kerry after just 1 year
    2. the fact that Kerry's statement confirmed the other Boston based backers will be staying invested in Kerry
    3. it is reported in one of the articles that he is buying the club by himself, but with a view to also bringing additional investment in. How are we to know that will materialise
    4. his actual personal net worth appears to be between €1-5m based on what I have seen. Combine that with point #3 above and that could bring issues

    I could be premature with these concerns and maybe once this is all announced officially some of this will be addressed up front.
    www.dundalkfc.com

    Colin Scanlon - hero!

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    His modus operandi seems to be eschewing significant financial investment himself in clubs, but rather leveraging his business connections in order to do so. As such, as you say, I'd be more concerned at how quickly he decided to leave Kerry, rather than whether he'll be able to cobble together a consortium.

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    International Prospect Nesta99's Avatar
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    Likw HS I'll reserve judgement also, mainly due to this for now...

    "It’s believed that Ainscough has indicated in his negotiations with Dundalk that he will likely have other backers coming in with him but he has completed this deal himself and will be driving plans forward".
    https://www.independent.ie/sport/soc...588957465.html

    Complete speculation throughout possibly from media in the absence of any further detail, but if this is the nuts and bolts of the takeover well its a bit Roddy Collins sounding of different times and tbh i might even be less wtf is going on if it were a Rod Squad & Son takeover. Usually at this stage there are the usual soundbites on due diligence etc from outgoing owners, may yet happen of course.

    I dont recall ever seeing a 'If LoI had an anthem' thread, right now something like Super massive blackhole (done by Spitting Image with all our leading league characters....) fits the bill on a few levels.
    Last edited by Nesta99; 25/11/2023 at 5:45 PM.

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  14. #172
    Seasoned Pro oriel's Avatar
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    For any fan, and with any club, its only natural to be cautious with a takeover and more so from DFC point of view given so many recently, just did a count back and may have missed some and some years might be out a fraction, but this won't be far out.

    Seaons

    2024 - Brian Ainscough led
    2022-2023 - StatSports 66.6% / Andy Connolly (co-owner of Fastfix) 33.3%
    2017 - 2021 - P6
    2013- 2017 - FastFix (recruited Kenny)
    2003-2013 - Gerry Matthews
    2000-2002 - Co-Op
    up to 1999 - Local Board / Business / PLC

    A point a lot seem to get wrong is P6 timing, the peak (no pun intended) for me with Dundalk was 2015-2017 (before they took over), may seem odd to include 2017 as was the only year from 2014-2019 didn't win league, but was on the back of the 2015 double, continuous cup final appearances and decent to ok euro performances plus the amazing 2016 euro run.

    What will 2024 bring, not sure, mid table would be nice, but if things had not changed, it would have been a fairly grim season with not too much expectation other than to stay up.

    This takeover offers at least a budget to be competitive, I wouldn't think too much more than that on the first year, where after that, no idea, but again, I would not have been looking forward to 2024 if things had not changed.
    Last edited by oriel; 25/11/2023 at 8:12 PM.
    #DundalkFC - First Irish club to win an away game in Europe (1963), only Irish club to win a game / points in Europa League Group Stage (2016).

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    I'm sure this will all end well for dundalk.

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    International Prospect Nesta99's Avatar
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    Ye never know, If its half as bad as the last time that was said it'll include 1 league and cup + another 'trophy'. Careful what you wish for!

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    Seasoned Pro oriel's Avatar
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    Quote Originally Posted by Nesta99 View Post
    Ye never know, If its half as bad as the last time that was said it'll include 1 league and cup + another 'trophy'. Careful what you wish for!
    I think 2 leagues as P6 would have been onboard for 2018 and 2019 and also the second EL group stage of 2020. The other trophy guessing is the 2019 League Cup, will we hold that forever as last winners?

    But the stand out stat is still the frequency of owners, 3rd since 2017.

    Seemingly DFC confirming tomorrow am with FAI ratification, that its all completed.
    #DundalkFC - First Irish club to win an away game in Europe (1963), only Irish club to win a game / points in Europa League Group Stage (2016).

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    Kerry's Eye have an article today on last week's events - it appears Ainscough didn't so much as give the Kerry FC board any notice about his decision to switch clubs before the Examiner story broke, and even Billy Dennehy was only informed through a third party!

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    Quote Originally Posted by culloty82 View Post
    Kerry's Eye have an article today on last week's events - it appears Ainscough didn't so much as give the Kerry FC board any notice about his decision to switch clubs before the Examiner story broke, and even Billy Dennehy was only informed through a third party!
    Sounds like a classy individual. He’ll fit in well up there at least
    Paaatrick's Agletic

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    First Team mcgonigle's Avatar
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    Quote Originally Posted by 2 Year Contract View Post
    Sounds like a classy individual. He’ll fit in well up there at least
    Meaning?

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    Quote Originally Posted by mcgonigle View Post
    Meaning?
    He’ll fit in well with the other classy individuals at the club
    Paaatrick's Agletic

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