Time is running out for embattled Cork City
With the consortium represented by the Quintas Group having withdrawn from takeover talks, it’s understood that a Britain-based group remains in contention to buy the club.
However, with some sources now putting the club’s debts at over €500,000 ahead of next week’s dual deadlines of the FAI club licensing awards and a High Court hearing of a winding-up petition by the Revenue Commissioners, City’s future hangs in the balance.