US based consortium purchase Dundalk FC

Dundalk have announced they've been sold to a US-based consortium.

Chicago company Peak-6 lead the group that has purchased 100 per cent of the Lilywhites shares.

In 2015, PEAK-6 purcharsed a 25 per cent stake in English Premier League side Bournemouth.

The wider consortium also have a minority interest in Swansea.

Out-going co-owner Paul Brown says the consortium are the "right kind of owners" for Dundalk, and can take them to bigger success.