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FAI President Donal Conway. Oisin Keniry/INPHO

FAI reveal liabilities of over €55 million in 'shocking' financial report

The 2018 accounts show that the FAI paid a €462,000 settlement to former CEO John Delaney

THE FOOTBALL ASSOCIATION of Ireland has disclosed that the organisation has current net liabilities of over €55 million, in a report released today.

The 2018 accounts show that the FAI paid a €462,000 settlement to former CEO John Delaney, which was confirmed in today’s press conference at Abbotstown.

The accounts also revealed that Martin O’Neill, Roy Keane and other members of the previous manager’s backroom staff were paid  €1,903,277 in severance.

Outgoing FAI President Donal Conway at today’s press conference admitted the association’s financial model was “clearly not fit for purpose”.

You can read the account details in full here.

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    Mute baz
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    Feb 4th 2024, 1:45 PM

    He had to weigh up which was more important and he chose the Laois footballers, understandable in fairness to him

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    Mute The Firestarter
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    Feb 4th 2024, 1:54 PM

    @baz: How is it understandable, he is a paid politician, leaving his job to attend a match on what was a historic day for his country. Correct decision to suspend him.

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    Mute John Bull
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    Feb 4th 2024, 1:58 PM

    @The Firestarter: Laois are paying him a prettier cent than the queens penny

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    Mute Ben Breathnach
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    Feb 4th 2024, 4:43 PM

    @The Firestarter: Baz was possibly being sarcastic!!!!!!!

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