Dundalk Football Club are involved in talks with a Chicago-based company that currently owns 25% of Premier League team Bournemouth.
The company, Peak6 Investments, are said to be interested in acquiring a portion of the club.
Dundalk owners have been in talks with members of Peak 6, the Chicago-based private equity company. They own a 25% stake in Bournemouth.
— Gavin McLaughlin (@gav_mclaughlin) November 8, 2017
The Times are reporting that should the bid prove successful the firm are hopeful to construct a new stadium with a 7,500 capacity as well as construct new schoolboy structures that could make the club self-sufficient.
Reports in today's Mirror claim current owners Paul Browne and Andy Connolly will remain involved as part owners and on Dundalk's board should the move prove successful.
The co-owner of Peak6 is Matt Hulsizer, who also owns a share of National Hockey League team Minnesota Wild.
Dundalk lost out to Cork City in both the League and Cup this year and were dealt a further blow when Cork City midfielder, who was widely reported to be on the cusp of joining the club, announced he was staying on at Cork:
Buzzing to sign another 2 years for the Champ Champs @CorkCityFC .... pic.twitter.com/s20izorWYX
— Karl Sheppard (@karlsheppard9) November 7, 2017
It is thought the firm were attracted to the club after seeing their progress last year through the Europa League. Dundalk won the league in 2014, 2015 and 2016. They currently play home games at Oriel Park, which has undergone significant improvements since 2005 with a new stand, changing area, bar and all-weather surface on the pitch. Since November 2016 they have taken full lease of the stadium.
Interesting times for the Lilywhites.
You can read the Times report here.
