Shareholders in AFC Bournemouth take over Dundalk
US investment firm Peak6 has completed its takeover of Airtricity League club Dundalk and formally taken control of the club.
The deal was announced on Thursday evening with the club issuing a statement confirming the news and local businessmen Paul Brown and Andy Connolly insisting that they had found buyers capable of taking the Oriel Park outfit to the next level.
Peak6 have, in fact, been assuming control for a number of weeks now with former Sheffield United chief executive Malachy Brannigan, who has previously worked with a number of other major clubs in England, easing his way into the same role at Dundalk.
The company are best known for their 25% stake in AFC Bournemouth.