Sunday September 20, 2020

FAI owed €29m on €50m loan, despite massive repayments and huge write-off

Figures emerged from analysis ordered by Sport Ireland and revealed in a new book about John Delaney’s reign at the football body

Aaron Rogan

News Correspondent

@aarrogan
13th September, 2020
Dutch football legend Edgar Davids with then-FAI chief executive John Delaney at the launch of the International Champions Cup match between Barcelona and Celtic at the Aviva Stadium in 2016: Delaney claimed that year the FAI could be debt-free by 2020

The Football Association of Ireland owed €29 million on a €50 million loan despite repayments of €35 million and a €12 million write-off, according to an analysis ordered by Sport Ireland.

The details of the efforts by John Delaney to manage the association’s debts are included in Champagne Football, a new book about the former chief executive’s reign at the football body.

The analysis by KOSI, an accountancy firm commissioned by...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Leona Maguire had no Irish female golfing role model growing up – but that will not be the case for the next generation

Emmet Ryan | 1 week ago

The tennis star’s announcement that he plans to set up a men-only players union has raised plenty of hackles

Emmet Ryan | 2 weeks ago

Flutter reports that loss of live sport was offset by 380 per cent increase in gaming intake in first half of 2020

Peter O'Dwyer | 3 weeks ago