INPHO/Donall Farmer Oriel Park.
On the brink: Dundalk confirm holding talks with FAI and PFAI
The Premier Division club, whose future in the Airtricity League is under threat, met with Fran Gavin, Ollie Cahill and Stephen McGuinness on Thursday.

CASH-STRAPPED DUNDALK met with the FAI and PFAI yesterday to discuss the club’s future, it has been confirmed.

With staff at the club already a week behind in wages, there are fears that some of Sean McCaffrey’s best players could leave as they will become free agents after two weeks of non-payment.

Owner Gerry Matthew has also announced that he will not be renewing the club’s Airtricity League licence for the 2013 season, and to-date, supporters group the Dundalk FC Community Trust are the only party to have met with the club with regard to a feasible takeover.

Amid the worsening financial situation and uncertainty about Dundalk’s continued participation in the league, club officials sat down with FAI director Fran Gavin and PFAI representatives Stephen McGuinness and Ollie Cahill on Thursday morning.

Both meetings have been very constructive and the club acknowledge the part both organisations have played,” the club said in a statement on their website.

“However the club remains in a perilous financial state and the board are still working extremely hard to secure the club’s participation for the remainder of the season.

“We acknowledge the worry and concern of the clubs supporters but would ask for your continued support and we will continue to keep you informed as the situation becomes more clearer.

“Hopefully this will be a lot more sooner than later but as there are some sensitive issues at play we are unable to state when we can make further statements.”

Only three weeks ago, the Airtricity League were informed that Monaghan United were pulling out and losing Dundalk, who are in existence 109 years, would be another major blow.

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