This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 13 °C Monday 22 April, 2019
Advertisement

FAI says it has answered all queries raised by Sport Ireland regarding John Delaney's €100,000 loan

Sport Ireland yesterday said it was seeking ‘urgent clarification’ regarding a €100,000 loan provided to the FAI.

FAI chief executive John Delaney.
FAI chief executive John Delaney.
Image: Ryan Byrne/INPHO

THE FOOTBALL ASSOCIATION of Ireland said it has responded to all queries from Sport Ireland after the agency requested “urgent clarification” regarding a loan provided by John Delaney to the FAI.

The chief executive issued a personal cheque worth €100,000 to the Football Association in April 2017, describing the sum as a “once-off bridging loan to the Association to aid a very short-term cash flow issue.”

The 51-year-old said the loan had been repaid in full, explaining that he acted in the best interests of the FAI.

Yesterday evening Sport Ireland released a statement outlining that the statutory authority had not received any notification regarding a reduction in the association’s financial position.

Tonight the FAI has released its own statement in response, saying: “The Football Association of Ireland confirms that a reply has been sent to John Treacy, CEO of Sport Ireland, in relation to a letter received on behalf of Minister for Transport, Tourism and Sport Shane Ross on Tuesday.

“The FAI has answered all queries raised in the letter from Mr Treacy and looks forward to his response.”

Wednesday’s latest statement said the FAI was willing to meet with Minister Ross and Sport Ireland, adding that the association has also written to the Office of the Director of Corporate Enforcement offering clarification on any issues raised by the 2017 loan.

The FAI also acknowledged that the association is invited to appear in the front of the Oireachtas Committee on Sport in three weeks’ time on 10 April.

Comments are closed for legal reasons

Subscribe to our new podcast, The42 Rugby Weekly, here:

  • Share on Facebook
  • Email this article
  •  

About the author:

Aaron Gallagher

Read next:

COMMENTS