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

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...

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