In statement on Wednesday Galway United said that following discussion with the Football Association of Ireland and the Professional Footballers Association of Ireland, all the professional players at the club would be available for transfer when the summer transfer window opens.
The club also added their thanks to the players, supporters, sponsors and the Galway FA for the support and patience over the past few weeks, confirming it had put a summer fundraising campaign in place which was expected to help with the current financial situation.
The fundraising campaign will commence on Saturday, June 25th, with a Flag Day in Galway city centre and at the next home match against UCD on Friday 1st July.
Galway United manager Sean Connor expects a number of players to depart the club in the coming days, revealing a sense of devastation in Terryland Park after the decision to try to offload all professional players to cut costs.
On the field it has also been bad news for the manager with a run of 14 defeats in-a-row.
In speaking to RTE Connor said:
'I met with all the players, they're devastated as well but I have to be realistic and look after them as professionals and everyone of our players is available. I would expect a number of major movements in the next few days.
'I joined the club last year and was given the task of keeping the club in the Premier Division on a reasonably small budget. I was promised year on year there would be incremental increases.
'We stayed up but really since then every transfer window the budget has been cut.
'With the run we're on at the moment and then to be told you have to release all your professional players, it's difficult because you feel a loyalty to the players you brought to the football club.'
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