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A view of Galway's ground, Eamonn Deacy Park. Tommy Dickson/INPHO

Galway United owners vote in favour of Saudi Arabian investment

The club are currently sixth in the First Division, 12 points behind leaders UCD.

GALWAY UNITED’S OWNERS have tonight voted in favour of Saudi Arabian investment, it has been confirmed.

The League of Ireland club this evening released a statement confirming the news.

It read: “Galway United FC is 100% owned by the Galway United Friends Co-operative and at the Special General Meeting (SGM) this evening (Monday, June 18th, 2018) members voted in support of the motion to accept the offer by a third party to take a majority shareholding in the club.

“As a result of this decision, the board will now continue discussions with the investors.”

According to RTÉ, 68 members voted in favour of the investment, with 10 against and one abstaining, with the initial figure accepted reportedly €500,000, meaning Saudi Arabian businessmen Abdulrahman Al Nemer and Mohammed Al Ruwaite are set to become majority shareholders.

The move is expected to see Galway receive a significant financial boost, with the club currently sixth in the First Division, 12 points behind leaders UCD.

Speaking last week, League of Ireland chief Fran Gavin confirmed the Football Association of Ireland had been in discussions with the club over the matter.

“We read about it, the club has briefed us on it and there’s a meeting there on Monday with the supporters, the members, to see if they’re allowing third-party investment. We’re aware of what you are aware of.”

The news comes after the club confirmed the departure of manager Shane Keegan earlier today.

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    Mute Johnny Bravo
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    May 3rd 2018, 6:32 PM

    Makes sense he’s had a few injuries this season so why use him, give him a rest and proper recovery. He’s a big part of Jose’s future plans so he’ll be raring to go next season as a result

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    Mute Alana
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    May 3rd 2018, 6:46 PM

    @Johnny Bravo: how do you know he’s a big part of Jose’s future plans ?

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    Mute Alana
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    May 3rd 2018, 7:01 PM

    @Johnny Bravo: o

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    Mute Alana
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    May 3rd 2018, 7:02 PM

    @Johnny Bravo: or did you just make that up ?

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    Mute Johnny Bravo
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    May 3rd 2018, 7:09 PM

    @Alana: to much coffee today Jamie ?

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    Mute Johnny Bravo
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    May 3rd 2018, 7:11 PM

    @Johnny Bravo: or is your hand and fingers swollen from some other offline activity?

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    Mute Alana
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    May 3rd 2018, 7:11 PM

    @Johnny Bravo: stick to making up stuff Thommo

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    Mute Johnny Bravo
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    May 3rd 2018, 7:22 PM

    @Alana: So I’m Thommo now lol you’re some tulip

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    Mute Alana
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    May 3rd 2018, 7:25 PM

    @Johnny Bravo: where did you read he’s part of Jose’s plan for the future?

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    Mute Jumperoo
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    May 3rd 2018, 7:44 PM

    @Alana: don’t know if this helps, but I read it here. Some bloke called Johnny said so.

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    Mute Alana
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    May 3rd 2018, 7:46 PM

    @Jumperoo: you must be new here, he makes a lot of stuff up here he also uses the account Thommo

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    Mute FPL Thommo
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    May 4th 2018, 8:16 AM

    @Alana: obsessed

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    Mute Eric Djemba-Djemba
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    May 3rd 2018, 7:08 PM

    Wrapping him in cotton wool with nothing to play for in premier league. Probably get a game before FA cup final, arrangement suits everyone good managing. Another CB, LB and a CM who can control tempo of the game(very few out there) needed to challenge man city next season.

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    Mute Alana
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    May 3rd 2018, 7:13 PM

    @Eric Djemba-Djemba: why would he wrap him up in cotton wool when he had the whole summer off lol deluded

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    Mute Eric Djemba-Djemba
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    May 3rd 2018, 9:37 PM

    @Alana: why risk injuring your best player with nothing to play for at the end of season?

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    Mute Alana
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    May 3rd 2018, 10:11 PM

    @Eric Djemba-Djemba: going by your logic Madrid will rest Ronaldo for every game bar the CL final then

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    Mute Ich bin brendan
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    May 3rd 2018, 11:59 PM

    @Alana: do you ever stop 20 comments on a Jose article and you took up 10 spouting absolute drivel

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    Mute Marko Polo
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    May 3rd 2018, 6:54 PM

    Great management. That will make his players warm to him even more.

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    Mute Alana
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    May 3rd 2018, 6:30 PM

    So considerate of Jose

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    Mute Teddyzigzagbigbag
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    May 3rd 2018, 7:34 PM

    Story outta nothing again lads…..

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    Mute Alana
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    May 3rd 2018, 6:29 PM

    So

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    Mute Tricksy
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    May 4th 2018, 10:11 AM

    Makes no sense ? Mourinho is moaning when players have too much games , no rest he moans ? Yet he is playing guys who will be playing an extra month of World Cup in nothing games ! Bizzare

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    Mute Kevin Chip
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    May 4th 2018, 12:51 PM

    Nothing strange great man management

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