Dundalk not liquidated as talks with potential investors continue
Dundalk owner Brian Ainscough has told reporters that the club will not be liquidated today.
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Dundalk owner Brian Ainscough has told reporters that the club will not be liquidated today.
Dundalk have said that the next 24 hours are "critical" for the future of the Oriel Park side.
Cash-strapped Dundalk slipped to their fifth defeat in seven games to remain bottom of the SSE Airtricity Men's Premier Division as first-half goals from Sam Bellis and Padraig Amond saw Waterford FC claim their first win in three as they moved back into third spot in the table.
The situation at Dundalk has offered another stark reminder of the need for stronger structures to be put in place in the League of Ireland, according to former Drogheda United and Longford Town defender Graham Gartland.
Dundalk FC owner Brian Ainscough has admitted that the club's ability to finish out the season is an "immediate concern" while stating that the delay in payment to players and staff is a temporary issue.
Dundalk manager Jon Daly admitted he was in the dark about the club's future after confirming that players and staff had not been paid this week.
Shelbourne have returned to the top of the League of Ireland with a 1-0 win away to Dundalk.
Shelbourne regained their position at the top of the SSE Airtricity Men's Premier Division table after Aiden O'Brien’s fourth minute strike saw them end a 12-year drought against bottom of the table Dundalk at Oriel Park.