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FAI AGM To Be Held Later Today

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FAI AGM To Be Held Later Today

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Newsroom

7:52 AM - 29 Dec 2019



The FAI will hold its second AGM of the year today.

The association is in the midst of a financial crisis with current net liabilities of over €55million.

Earlier this month it requested a financial rescue package of €18million euro from the government which was rejected out of hand.

Media have not been invited to attend today.

The initial AGM in July was adjourned when, for the first time in its history, the association was unable to reveal a true financial picture to its members.

Government funding to the organisation remains suspended pending the outcome of a number of investigations into the FAI's financial affairs, including a loan of €100,000 to its then Chief Executive, John Delaney.

 



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