Last year, €300,000 of government funding was withheld.

The decision to restore the funding was announced by Sports Minister Shane Ross yesterday.

And Hockey Ireland has received a separate allocation of funding for its men’s national team.

Dr Stephen Martin has decided to pursue other career interests.

In August it emerged that the OCI was locked into a “pretty watertight” contract with THG.

The new board at the OCI had sought an urgent meeting with Ross to restore its funding.

The board will discuss the legality of a contract between the OCI and THG to be Ireland’s ticket distributor until 2026.

The Olympic Council of Ireland is locked into a contract with the company at centre of Rio ticketing scandal until 2026.

Minister for Sport Shane Ross has said Irish athletes were treated ‘shambolically’ in terms of ticket allocation.

During the Games, there were numerous reports of desperate family members of athletes having to go to other countries in order to secure tickets for events.

OCI president Sarah Keane told reporters today that a contract had been signed between the organisation and ticketing company THG.

Some of the Olympic medals are rusting, flaking and turning black.

Sarah Keane has been tasked with bringing the Olympic Council of Ireland out of the crisis it currently finds itself in and rebuilding the organisation’s plummeting credibility.

Sarah Keane was elected as president of the OCI last Thursday.

The CEO of Swim Ireland will take over from acting president Willie O’Brien, who replaced Pat Hickey last summer.

The 71-year-old formally left his role today.

The Olympic Council of Ireland elections have traditionally been open to the press.

He faced a tough interview on RTÉ’s Saturday Sport.

The OCI will appoint a new president for the first time in 28 years.

The former OCI boss arrived in Dublin last night after spending time with family in the UK.

The former president of the Olympic Council of Ireland had been detained in Rio de Janeiro for the past four months.

The ANOC said it was giving Hickey a temporary loan.

It is not known who is paying the €410,000 bond.

Separately, charity boss Jonathan Irwin has defended Hickey. “I’m a bit like the rabbit who is absolutely entranced by the snake,” he said.

As another member steps down, there are calls for it to be replaced.

The family also expressed their concern for the welfare of Pat Hickey, and want him to return to Ireland for medical treatment.

Ciarán Ó Catháin stepped down after last night’s meeting.

The Executive Committee has taken the decision after the threat of a High Court injunction from Pat Hickey’s legal team.

The report into the governance of the OCI will be published soon.

The Waterford native released a statement this evening outlining the reasons behind the decision.

The FAI’s chief executive says he is reconsidering his voluntary position with the OCI.

OCI honorary general secretary Dermot Henihan, chief executive Stephen Martin and Rio 2016 chef de mission Kevin Kilty are leaving Brazil.

She added that as a board, ticket sales had never been raised.

On Friday night Hickey, who has temporarily stepped aside as President of the Olympic Council of Ireland, was charged with criminal organisation, ticket touting, ambush marketing, larceny, money laundering, and tax evasion.

The passports of the two Irish men have been retained.

Deloitte has been put in charge of the task.

Rio police are seeking the arrest of OCI sports director Martin Burke, though he is not named on the same charges as Pat Hickey and Kevin Mallon.

The Department of Foreign Affairs is providing consular assistance to the 71-year-old, his family has said.

Kevin Mallon to be released on bail, a big win for Paul O’Donovan and a day of mourning in Italy.