Bill O’Leary: Cobh Ramblers was in a difficult place, now it is in a great place

FC32, an international group of experienced sports executives, completed their takeover of the Rams on Monday.

NEW ERA: Cobh Ramblers Chairman Bill O'Leary has welcome the takeover by FC32.

Just over 10 years ago, Cobh Ramblers were back in the League of Ireland and trying to find their way after facing extinction over crippling debts following a brief stint in the top flight.

Now, the East-Cork side is celebrating a takeover by FC32, an international group of experienced sports executives that will see them fall into a multi-club model which includes Austrian side SKN St. Pölten.