Trivela Group to cover financial shortfall following Drogheda's omission from European competition

Within the letter, Boycott noted that the club had been made an "example of" by UEFA, while also detailing plans to secure land for a new stadium.

George Cooper of Drogheda United celebrates after scoring his side's first goal during the SSE Airtricity Men's Premier Division match between Drogheda United and Shamrock Rovers. Pic: Shauna Clinton/Sportsfile

Trivela Group, Drogheda United's owners, have confirmed that they will make up the budget shortfall, in excess of €500,000, after the club was kicked out of European competition this season in relation to multi-club regulations.

Co-chairman Ben Boycott has issued an open letter to all involved with the club, following Monday's decision by the Court of Arbitration for Sport's decision to reject the club's appeal against their expulsion from this year's Conference League.