Drogheda step back from the abyss
Club chairman Vincent Hoey welcomed the decision which sees the cash-strapped former champions step back from the abyss, even though they still face a battle to retain their Premiership status.
Praising the fans who had raised 300,000 to save the club, Hoey said: “We have been in existence since 1919 and they weren’t going to let it go down. And they haven’t. I am proud today to be associated with that.