Treaty United Ltd records €1 million loss for 2025

The company that runs Limerick’s League of Ireland side Treaty United posted post‑tax losses of €998,603 for 2025, according to accounts filed with the Companies Office.

The filing shows the loss follows €839,258 recorded in 2024, leaving the firm with accumulated losses of €2.13 million at the end of December 2025.

Treaty United’s final League of Ireland match under that name ended in a 2‑0 victory over Cobh Ramblers, but the side finished second from bottom in the SSE Electricity Men’s First Division. The club will be rebranded as Limerick FC for the 2026 season, while both the men’s and women’s senior teams achieved their best‑ever results in 2025.

A note signed by Harold (Scott) Fraser and Charles (Chuck) Cosman confirms the company remains loss‑making in 2026 and meets day‑to‑day working capital needs through existing cash facilities and investor loans. The Board has undertaken an internal review of forecasts, reflecting the current economic environment and the club’s projected trading position in Irish football.

Amounts owed to group undertakings rose from €1.22 million to €2.22 million last year. The key shareholder, Treaty Football Holdings Inc., has pledged not to seek repayment of its loans for at least 12 months and will continue to provide financial support.

Treaty United was founded in 2020, with the women’s team entering the Premier Division that year and the men’s team gaining a First Division licence in 2021. Former Ireland international Ciara McCormack became the first woman chief executive of a League of Ireland club after acquiring Treaty United with Canadian investors.

Source: Limerick Post. Photo: Lajos Kristóf Kántor / Pexels.