Advertisement
FAI President Donal Conway. Oisin Keniry/INPHO
Accounts

FAI reveal liabilities of over €55 million in 'shocking' financial report

The 2018 accounts show that the FAI paid a €462,000 settlement to former CEO John Delaney

THE FOOTBALL ASSOCIATION of Ireland has disclosed that the organisation has current net liabilities of over €55 million, in a report released today.

The 2018 accounts show that the FAI paid a €462,000 settlement to former CEO John Delaney, which was confirmed in today’s press conference at Abbotstown.

The accounts also revealed that Martin O’Neill, Roy Keane and other members of the previous manager’s backroom staff were paid  €1,903,277 in severance.

Outgoing FAI President Donal Conway at today’s press conference admitted the association’s financial model was “clearly not fit for purpose”.

You can read the account details in full here.

The42 is on Instagram! Tap the button below on your phone to follow us!

Your Voice
Readers Comments
101
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel