Club and FAI happy with Lee Power’s Waterford takeover

Waterford United and the FAI have welcomed the formal takeover of the club by former Ireland international and Swindon Town owner/chairman Lee Power.

Outgoing Blues chairman John O’Sullivan said: “I am delighted to support Lee as the new owner of the club and I look forward to the success that is sure to come. I would like to thank all the committee members over the years who have helped to keep things going during a tough time for the region.”

Power, whose grandfather hails from Waterford, said: “I am delighted to be involved with a club of such great potential and one which has a wonderful footballing history. I hope the fans and the business community will get behind what is a new beginning for Waterford. I see this as an exciting, long-term project.”