U2’s former accountant privately funds Shelbourne FC

A consortium that includes the Irish Sports Council (ISC) chairman has been privately funding Shelbourne Football Club for the past two years and holds a contract to buy the club’s ground.

The Sunday Business Post has learned that a company called Coneforth Trading has a charge over the deeds of Tolka Park in Richmond Road, north Dublin, and has signed a contract with the club to buy the stadium.

The directors of Coneforth are Ossie Kilkenny, the ISC chairman and one-timeU2 accountant; Ivano Cafolla, a high-profile Dublin businessman; and Jerry O’Reilly, one of the state’s wealthiest property developers. The consortium plans to turn the ...