League of Ireland club have been in talks with Trivela Group, who also own English League Two side Walsall.
DROGHEDA UNITED MEMBERS will get an opportunity to vote on the proposed takeover by US sports investment firm Trivela Group in the next month.
United are a supporter-owned club and members, of which there are approximately 200, will need to vote through any proposed purchase of a majority stake in the club. Advertisement Speaking to LMFM this week, Byrne said the process was “99.9% there”. The club hope to hold at least one public meeting ahead of the EGM vote where members and supporters will be given the opportunity to quiz the prospective new owners on their plans.
“Everybody sees that Drogheda are at a bit of a stalemate at the moment. We’re treading water and we probably are over-exceeding where we should be in terms of the budget we have, the facilities we have,” the chairperson added. Depending on how the promotion race plays out, Drogheda could be the only part-time team competing in the Premier Division next season.In their search for investment, the club held serious talks with four other groups but no firm offers for a takeover were tabled prior to the concrete interest from Trivela Group.
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