The Galway United Supporters Trust have applied for a First Division licence that will see a new football club formed and potentially end the 74-year run of Galway United.
The supporter body has played a huge role in running the club recently but revealed at last night’s AGM their decision to walk away from the agreement with the club’s directors.
United’s nightmare 2011 season, where they finished bottom of the table with just six points, proved extremely difficult and needed constant fundraising to get through the campaign.
The Trust claim there is little chance of Galway United obtaining a licence for next season.
They are keen to start afresh in the second tier of the league and have stated their target of paying wages and expenses owed to players from the 2011 season.
The Galway United directors responded this afternoon by stating they are withdrawing their licence application for 2012.
They said: "Following the extremely late decision by GUST to withdraw from the transitional agreement to run Galway United Football Club, the directors are left with no option but to withdraw their application for a licence for the Airtricity League 2012 season.
"The ensuing 12 months will allow the club to assess strategic and infrastructural changes that are required to be made ahead of an application for the 2013 season.
"A decision will then be taken as to the best route forward for soccer in Galway and discussions will take place with all stakeholders."
The future of Galway United will now depend on the application of GUST FC, which if successful, is likely to put an end to the Tribesmen.