Finn Harps to hold two Special General Meetings on takeover proposal

Finn Harps have scheduled two Special General Meetings for members to vote on a proposed multi‑million euro takeover by Filipino businessman and former footballer Freddy Gonzalez.

The first meeting will be held at 7 pm on Monday 19 October at Jackson’s Hotel, where members must pass a Special Resolution with at least 75 % of eligible members present voting in favour for the deal to proceed.

A second meeting is set for Tuesday 3 November, allowing members to consider and, if appropriate, confirm the same resolution passed at the earlier meeting.

Documents circulated to members indicate that the initial purchase will not include the club’s proposed new stadium or centre of excellence, as the land is not owned by Finn Harps and legal complications prevent their inclusion at this stage.

The club’s committee described the transaction as a “fantastic opportunity” and recommended it, noting that the deal would cancel existing loans from Gonzalez, leave the club debt‑free, preserve its location in the Finn Valley and give the Finn Harps Co‑Operative Society Limited rights of purchase if the club is later sold or abandoned.

Completion of the takeover remains subject to FAI approval, co‑operative member approval, arrangements for Finn Park and the transfer of employees, with further negotiations on the stadium and centre of excellence to continue.

Source: Donegal Daily. Photo: GMB VISUALS / Pexels.