US investment firm set to take over Drogheda United

Drogheda United are set to be taken over by US sports investment firm Trivela Group, owners of English League Two outfit Walsall.

The Board of Drogheda United Members Club Ltd has provisionally accepted an offer from the Alabama-based firm.

Trivela Group was founded in 2021. It acquired Walsall a year later.

Drogheda have been actively looking for investors since the end of the 2022 League of Ireland campaign.

In a statement published on the club website, Drogheda said: "Post-acquisition, Trivela Group plans to increase investment in the club's front-office operations, implement a comprehensive long-term plan to fully professionalise the sporting department, increase the overall fan experience at Weavers Park in the short term, and begin discussions around a new stadium for Drogheda United FC for the long term.

"In the revised governance structure, Wesley Hill, Vice President of Trivela Group, will join the Drogheda Board as the Executive Director, overseeing day-to-day operations on behalf of Trivela Group and managing the club’s public communications.

"Hill will collaborate closely with Matt Jordan, Trivela’s VP of Football, to implement the organisation’s technical processes within Drogheda United FC under the guidance of manager Kevin Doherty."

Drogs chairperson Joanna Byrne welcomed the development, adding: "Among the numerous prospective investors we engaged with, Trivela Group stood out due to their emphasis on community, facilities, and engagement.

"We are excited to welcome them to Drogheda United and are confident that their impact will extend beyond the club to our town and city."

The acceptance of the board’s decision is subject to approval by the members of Drogheda United Members Club, which currently retains