Stuart Taylor has bolstered his squad ahead of the new Airtricity League campaign with the signing of the former Republic of Ireland youth international
The 21-year-old defender, who has been capped at youth level for the Republic of Ireland, played for Mervue United, Galway Hibernians and Salthill Devon before joining Newcastle United in 2008.
Speaking to the Evening Herald, Galway-born Folan revealed that he had endured a 'frustrating' time at St James' Park, where injuries had hampered his development, but expressed relief at securing a move to Stuart Taylor's side.
"I just want to get playing football and enjoying it again," he said. "Money is not important to me. I'm 21 now and I should be playing by now."
He continued: "It has been a frustrating time, there did a come a point when I was just going to pack it in, give up football and maybe go to college. It was so frustrating to know I had the ability but nothing was going right for me, things that were out of my hands were holding me back.
"I know that I have something to offer and I feel that a move to the league here at home could be good for me. The League of Ireland is way better than it's given credit for.
"I can see that in the games I have watched and the players who have gone from the league and into big clubs in England," added the defender.
Meanwhile, it has also been confirmed that the club has tied up deals with 2012 Supporters Player of the Year Shane Tracy and midfielder Jeffrey Judge ahead of the 2013 campaign.