Galway cut back squad due to financial strain

Following a mid-season review by Galway United of the club's affairs, it was apparent that many revenue streams were behind projection and unlikely to improve significantly before the end of the season.

As this impacts adversely on the Salary Cost Protocol that all eircom League Of Ireland clubs must adhere to, Galway United found themselves in serious danger of breaching this requirement.

To address this matter, the club has reluctantly informed several players that they will not be able to retain them after the end of this month. As the transfer window opens on the 1st July, the club and the players will endeavour to find either new clubs or alternative employment.

The club would like to thank all of the players concerned — Daryl Robson, Wes Charles, Ciaran Foley, Stephen O'Flynn, John Lester and Alvin Rouse — for their service to the club and wish them every success in the future.

Galway United CEO Nick Leeson, stated: "It is with deep regret that we have had to take this course of action. It is absolutely no reflection on the individuals concerned but is driven purely by financial pressure.

"The club has suffered significantly in recent months from the general economic downturn that is affecting so many businesses throughout the country. Season ticket sales were down sharply, fundraising is behind target and advertising continues to sell poorly," he said.

"In recent weeks falling gate receipts have added to the problem and prompted such action to ensure the long-term future of the football club," he added.