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The FAI debt now stands at €51.2million

The debt at the FAI has increased in the past 12 months, according to an Irish Independent report...



The FAI debt now stands at €51...
Soccer

The FAI debt now stands at €51.2million

The debt at the FAI has increased in the past 12 months, according to an Irish Independent report this morning.

The Association are now €51.2million in the red, for accounts up to the end of last year. That's an increase of over €1million for the year ending 2013.

The figures have been released ahead of the FAI's AGM which is to take place in Sligo next month. The news comes as a blow to the Association, who have received a debt write down of nearly €12million last year.

Qualification for the European Championships next year in France will now seem even more important to alleviate the debt situation in Abbotstown. 

 

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