The Government will double its funding and give the FAI an interest free loan of €2.5m annually for the next three years as part of a refinancing package to help save crisis-hit organisation. Details of the rescue package emerged this evening after Sports Minister Shane Ross and Minister of State Brendan Griffin met representatives from […]
Former Irish soccer supremo John Delaney has resigned from UEFA’s Executive Committee “with immediate effect”. European football’s governing body made the announcement this evening. Mr Delaney left the Football Association of Ireland (FAI) last September following a series of revelations concerning his tenure. He initially stepped down as FAI CEO in March 2019 when
This is the €868,000 posh new pad set amid eight acres of land that ex-FAI chief John Delaney bought earlier this year before he was forced out of his €360,000-a-year job. Following last week’s publication of the FAI’s accounts it emerged that Delaney was given a €460k payoff and the association is €55m in debt. […]
The Football Association of Ireland are more than €55 million in debt, according to their 2018 accounts which were published today. The perilous financial state of the Irish football’s governing body means they have to remortage the debt on their largest asset, the Aviva Stadium, until 2034. Presenting the 2018 FAI accounts at their headquarters […]
Waterford man Paul Cooke now has the biggest job in Irish soccer. The crisis-hit FAI turned to the former newspaper executive to lead the association, just one day after John Foley dramatically announced he would not be taking up the reins as interim CEO. Mr Foley had been lined up to take over from Noel […]
THE entire board of the Football Association of Ireland (FAI) is to step down. The announcement was made by Sports Minister Shane Ross as it emerged the FAI’s own auditors have notified authorities of potential failures in the company’s accounts. According to reports this evening, Deloitte have filed a notice to the Company Registration Office […]
A WAR of words has erupted over a proposal to suspend Kilkenny County Council grant payments to the Football Association of Ireland (FAI). The proposal was made by Fine Gael councillor David Fitzgerald at today’s meeting of Kilkenny County Council. Cllr Fitzgerald made the call as Sport Ireland today confirmed it will conduct an audit […]