THE FAI WILL reportedly stump up the entire €300,000 for the proposed ‘last resort’ fund to help out cash-strapped League of Ireland clubs.
Last week, the association released a statement in which it suggested setting up a support system to assist with the paying of player wages when clubs were going through financial difficulties.
According to the proposal, the cost would be split 50-50 between the FAI and the Playerss’ Football Association of Ireland (the PFAI), with each paying €150,000.
They added that FAI chief executive John Delaney has refused to meet with the PFAI for over a year, although Delaney insists that FAI director of competitions Fran Gavin is the man that deals with domestic affairs.
It was the latest falling-out between the FAI and the PFAI, whose headquarters are both situated in the same building, and relations have been strained since the Ireland senior women’s team opted to strike with the help of the PFAI and SIPTU over working conditions in April 2017.
During last night’s Soccer Republic, it was reported that the FAI has now agreed to pay the amount in full.
If a club requires the funding, they will be hit with a ban on signing professional players for the remainder of the season as well as a six-point reduction, and all money borrowed will have to be paid back by the end of that campaign.
Here’s the Soccer Republic panel reacting to the news:
The Soccer Republic panel react to news that FAI is to provide the €300,000 funding for League of Ireland clubs on its own pic.twitter.com/af5xe0WuWe
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FAI to provide the full €300k for League of Ireland emergency fund
THE FAI WILL reportedly stump up the entire €300,000 for the proposed ‘last resort’ fund to help out cash-strapped League of Ireland clubs.
Last week, the association released a statement in which it suggested setting up a support system to assist with the paying of player wages when clubs were going through financial difficulties.
According to the proposal, the cost would be split 50-50 between the FAI and the Playerss’ Football Association of Ireland (the PFAI), with each paying €150,000.
That evening, however, the PFAI responded to say it was “astounded” — claiming they hadn’t been informed of the plans and that no discussions had taken place between the two parties beforehand.
They added that FAI chief executive John Delaney has refused to meet with the PFAI for over a year, although Delaney insists that FAI director of competitions Fran Gavin is the man that deals with domestic affairs.
It was the latest falling-out between the FAI and the PFAI, whose headquarters are both situated in the same building, and relations have been strained since the Ireland senior women’s team opted to strike with the help of the PFAI and SIPTU over working conditions in April 2017.
During last night’s Soccer Republic, it was reported that the FAI has now agreed to pay the amount in full.
If a club requires the funding, they will be hit with a ban on signing professional players for the remainder of the season as well as a six-point reduction, and all money borrowed will have to be paid back by the end of that campaign.
Here’s the Soccer Republic panel reacting to the news:
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FAI Financial Support Fund Last resort League of Ireland LOI PFAI