FAI debts stand at €51.2m as squad faces daunting task
Accounts suggest hard-to-fill Aviva is more a revenue traffic jam than a cash-cow toll bridge.
‘The stadium will be a toll bridge for revenue for the FAI. From 2016 onwards, with the way we structured the deal, we’ll see loads of revenue.”
Those words delivered by chief executive John Delaney back in 2008 had a hollow ring to them last week as the latest accounts of the Football Association of Ireland (FAI) emerged, showing debts of €51.2 million. What was an association boasting cash reserves of €20 million eight ...
