Cork City FC in takeover talks

Cork City chairman Tom Coughlan last night confirmed that he is in talks with a local consortium with a view to relinquishing control of the club.

Coughlan took over the Leeside outfit in October 2008 but they have been beset by financial woes — a winding-up order from the Revenue Commissioners is due for next Monday while the club is under pressure to fulfil league licensing requirements in time for Friday’s deadline.