Nick Giannotti has completed his takeover of Athlone Town AFC through company Redball Energy.
In a lengthy statement on the Athlone Town website, Giannotti confirmed the takeover. Redball Enery hold a share in English league club Plymouth Argyle.
In a statement, Giannottie said; “It is with great pride and excitement that I write to you today. Since my very first conversation about Athlone Town, this moment has been on my mind. It’s a privilege to now formally take on the responsibility of leading this historic club into its next chapter£.
The statement explains, “There are many things that my team and I intend to do, but our vision is rooted in two principles: driving excellence and financial sustainability. We will invest in the club’s infrastructure, our players, and our staff."
The statement goes on, "We will work tirelessly to build financial stability, sustainability, and increase revenue streams, enabling our teams to succeed on the pitch. We will become a club that nurtures and showcases young talent, both from Ireland and beyond, guided by data, smart recruitment, and a relentless commitment to improvement, both on and off the pitch”.
Athlone Town are currently bottom of the SSE Airtricity first division with just three wins from their opening 21 games.
The club released five members of the playing squad in May. Athlone Town travel to Cobh Ramblers in the league of Ireland first division tonight at 7:45pm.
