THE FOOTBALL ASSOCIATION of Ireland (FAI) has announced that the organisation has reduced its bank debt by €10 million after agreeing a debt refinance programme with Bank of Ireland.
The Association’s bank debt now stands at €35 million, with the FAI’s overall debt being halved in the past seven years.
Speaking after today’s announcement the FAI’s CEO John Delaney praised businessman Denis O’Brien for his support of the organisation.
“The Board of the FAI and I would like to pay tribute and thanks to Denis O’Brien and his advisory support through Island Capital Ltd to achieve this positive outcome for Irish football,” he said.
“Denis has been a great supporter of the FAI for many years, and will continue to contribute to the salaries of our senior management team with the Republic of Ireland squad for the 2018 FIFA World Cup campaign,” said Delaney.
All teams participating at Euro 2016 this summer are guaranteed to earn a minimum of €8million from Uefa, not including any result-related bonuses or extra revenue generated from sponsorship deals in the lead-up to the tournament.
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It’s hard to argue that Ferguson was wrong to get rid of him, they went on to win 3 titles in a row and a champions league after he got rid of him.
He’s wicked aggressive recently
@Hon Tipp: recently?! He did come across v spikey in fairness. He’s as stubborn as a 3 yr old.
He knows what he’s doing. This is the kind of stuff these shows like – in the bland media world the more critical he can be the more box office he becomes. He’s always been good at managing his income, if not his football teams
He is not wrong when he says Ferguson put himself before the club. Remember back to the bitter feud with John magnier over rock of gilbratar. Ferguson put his own interests ahead of the club that time
As I said earlier a great player but comes across now as a bitter angry nasty horrible individual.
Keane was one of the greatest Irish players ever and prob the most successful in terms of trophies but he is a seriously bitter man. Time to move on Roy
What a bitter g##shite he is. He hates everyone. And everyone is wrong. Why not explain to Irish fans what went wrong while assistant manager? I’m sure it’s not his fault anyways
@Decko49: because he hates them too?
Brilliant comparison… Alex ferguson or the pope lol
Anyone know how many will be here tonight ?
This happened thousands of years ago and he’s still talking about it nealy as bad as the English talking about the “hand of God goal” get over it
Can someone put this idiot back in his box
Ber alex can barely contain his indifference
Pity we didn’t get to hear about what gary neville wrote in his book.