Friday April 3, 2020

Negotiating skill scored €5 million for FAI

Developer defends ‘ businessman’ Delaney

Barry J Whyte

Chief Feature Writer

@whytebarry
7th June, 2015
Garrett Kelleher

Property developer Garrett Kelleher has defended John Delaney’s decision in 2010 to demand a €5 million loan from Fifa, saying it had been “desperate times” for the FAI in 2009.

Kelleher, along with financier Dermot Desmond, has an unparalleled insight into the FAI’s finances, having in 2013 helped the association to refinance a substantial debt with Danske Bank by way of a new debt facility with private equity firm KKR that involved a...

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