Waterford United €90,000 in the red but Paul Cleary hopeful of raising funds

Waterford United are confident that the short term financial situation of the club will be secured following a well-attended open meeting held at the Woodlands Hotel in the city last night.

The Blues called the meeting after the decision of their chairman John O’Sullivan to step down after a decade as chairman of the club.

The club have a shortfall of close to €90,000 in order to retain their place in the SSE Airtricity League but plans are in place to raise this money.

A crowd of more than 100 people heard that while the short term of the club is a worrying aspect for the board going forward, there was a lot of positive goodwill for the club going forward where it’s hoped a new board will be put in place over the coming weeks.

Speaking after the meeting, Waterford United general manager Paul Cleary said, “The management committee of the club are happy overall about the outcome of the meeting held tonight to discuss the future of the club.

“There was a lot of positive vibes from the meeting from our loyal group of fans and the club will be looking forward to actively working on these issues going forward. We’re also happy to address concerns supporters have.”

Waterford have also got the support of other League of Ireland clubs, which was acknowledged by Cleary.

“The club are also grateful to Pat O’Sullivan, chairman of Limerick, for giving his time in addressing the approach that Waterford United have to take going forward and we’re also grateful to Cork City Football Club for their support at this time.

“We are still making an appeal to the business people in Waterford city and county as well as supporters across the world to get in contact with the club. Waterford United are a proud club with great traditions but it’s now up to the people of Waterford to back us up.”


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