"I welcome the news that John Temple and the consortium have agreed to take over the reins at Oriel Park, and we are out of the white heat of liquidation and nuclear options," said Ó Murchú.
"There is an investment plan here and Mr Temple has indicated to me that he is willing to talk to and work with anyone else who wishes to become involved."
"He is also going to talk to creditors of the club."
The suggestion Temple is planning to speak with creditors supports the view that he is planning to avoid going into SCARP (Small Company Administrative Rescue Process).
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