Deeney completes his transfer to the Riverside since departing Midland League Premier Division club Basford United.

Announcing the new addition, Institute chairman Keith McElhinney said:

“Saul Deeney is a good player with a lot of experience, and as a committee we’re delighted to welcome him to the club.

“Hopefully it won’t be long before he makes his debut and I’m sure he will play a massive role in our end of season performances.”

After spending a number of years as an understudy to Gerard Doherty at Derry City, Ferry made the switch over to the NIFL Premiership with Coleraine eight months ago, but after the signing of Michael Doherty, Ferry travelled in the opposite direction after being deemed surplus to requirements at the Showgrounds.

Declaring the completion of the deal in an interview with Kevin McLaughlin of the Londonderry Sentinel, Ferry stated: “I’m glad that everything has been sorted out quickly, I just want to keep playing football and thankfully Paul Kee made me a good offer. I’m happy to join the club.”

After a successful spell in the Airtricity First Division, during which the young front-man netted a series of important goals, McVeigh has departed Ollie Horgan’s side, now opting to try his hand at Northern Irish football.

Declaring the completion of the deal, McVeigh stated: “I’m delighted to have signed with Institute F.C. for the remainder of the season. My clearance has already come through too and I’m eager to get playing again for my new club.”