US consortium remains keen on Cork City despite takeover rebuff

Shane Lohman, who is fronting the Monarch Sports Partners group interested in buying the club said, 'Cork City has the most untapped potential in the LOI'

Monarch Sports Partners' €3.75m bid for Cork City was rejected by the current owners. Pic: Stephen McCarthy/Sportsfile

A US-based consortium insists it is determined to pursue a takeover bid for Cork City despite being so far rebuffed.

The newly promoted club has been majority-owned by Dermot Usher since the start of 2023, with David Cronin acquiring a 20% stake in late 2024.