LIMERICK FC CONFIRM SEARCH FOR NEW INVESTMENT AND TAKE STEP CLOSER TO MOVING HOME TO THE MARKETS FIELD


The 2008 season saw major improvements in the club both on and off the field and the success of the recent ‘Evening with Giovanni Trapattoni’ demonstrated to all involved with the club that there is an underlying desire within corporate Limerick to support Limerick senior soccer. The proposed move to the Market’s Field in addition to the development of the new training facility at Knocklisheen are an integral element of how the club will aim to generate additional revenue outside of the regular match day income. The club will move in the new premises at Knockalisheen from January 1st.

The club wishes to confirm that Owner Jack McCarthy is currently seeking additional investment partners that will inject the funds necessary to continue the good work carried out by the club under his stewardship. McCarthy stated upon his purchase of Limerick FC that he would not be in a position to offer endless finance to the club and that the involvement of the local business community would be an integral part of the club’s long term strategy. With the US market so heavily affected by the global downturn, the need to copper fasten additional investment into the club is becoming more prevalent by the day.

To this end we would like to confirm that the Owner and Chief Executive have met with a number of individuals who have either approached the club or have been approached by the club with a view to supporting the club financially. All the discussions to date are at an early stage and will be judged fully on their individual merits in terms of what they can bring to the club in the long term. The club hopes to meet with further individuals in the coming week and is still actively seeking further investment. The club would therefore like to make a call to any members of the corporate sector who are considering getting behind Limerick FC and its extremely promising team of young local talent to get in touch with the club to discuss how they can contribute to a bright future for the club.

The club will be launching a series of additional fundraising initiatives that will include a Golf Classic and Greyhound Race Night in the near future.

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