Trivela Group officially get green light to take over Drogheda United

Drogheda United members have voted to accept an offer from American sports investment fund Trivela Group to take full control of the club.

The change of ownership will take effect pending legal formalities being signed off after the vote at a specially convened EGM at Weavers Park on Monday evening.

Trivela Group representative Wesley Hill, who will take on a new role as executive director at the club, was present at the meeting as members voted largely in favour of the takeover.

A simple majority was required and the members voted 90 votes for to just one vote against.

Club director Conor Hoey announced the results of the vote in front of club members and supporters at the club's Windmill Road venue at 7.45pm on Monday.

Trivela Group has been in talks with the League of Ireland club to purchase a 100% stake for 12 months now and after an arduous due diligence process, the deal is now completed.

Existing board members Joanna Byrne, Hoey and Niamh Leonard will remain on the board alongside Hill and incoming co-chairman Benjamin Boycott, Trivela’s managing director.

Ciaran Doyle, Enda McCarville, Jim McArdle and Andrew Purcell will step down as directors but remain involved with the club in various capacities, with McArdle being made an honorary president of the club.

The takeover will boost Drogheda United on and off the pitch, with a €1m-plus investment set to be pumped into the club imminently.

That money will clear the clubs existing debt, thought to be in the region of €400,000 to €500,0000.

Investment in infrastructure and facilities is also immediately on the cards, with FAI licensing requirements meaning extensive work will be carried out at Weavers Park in the coming months.

These will include toilet facilities, improvements