Shelbourne set for €1 million windfall in new investment deal

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Cash Injection News

Shelbourne,]'Comp:SSE Airtricity League Premier Division (Fo

The 42 understands that a Dublin businessman is set to take a minority share of the League of Ireland club for a seven-figure sum.

David Sneyd SHELBOURNE ARE SET for a minimum €1 million windfall in a fresh investment deal that is close to being finalised.

It would be the latest change to the boardroom structure since Turkish millionaire Acun Ilicali opted to relinquish his ownership and hand control to Mickey O’Rourke in November of last year. It’s understood that Ilicali wrote off a substantial six-figure amount that he had fronted up as part of what was due to be a €3m injection of capital over a period of time.

While the club remained silent when approached for comment by The 42 today, this latest seven-figure investment will provide a huge boost.

 

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