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BREAKING: FAI release statement confirming 'urgent steps' regarding finance and governance

The FAI have released a statement as to their understanding of Shane Ross' and Fergus O'Dowd's co...



BREAKING: FAI release statemen...
Soccer

BREAKING: FAI release statement confirming 'urgent steps' regarding finance and governance

The FAI have released a statement as to their understanding of Shane Ross' and Fergus O'Dowd's comments on its governance, but with no further clarification as to the position of John Delaney.

Saying that the board is taking 'urgent steps' regarding the organisation's current financial and governance situation, they confirm that the FAI will meet on Monday regarding their review of the matters at hand.

The statement reiterates that the FAI are looking to re-establish the trust of Sport Ireland, after they confirmed that they will suspend funding to the FAI last week:

"The Board of the Football Association of Ireland notes the comments made today by the Minister for Tourism, Transport and Sport, Shane Ross, and by Deputy Fergus O’Dowd, chairman of the Oireachtas Committee on Sport.

The Association wishes to assure all parties that it is taking many urgent steps to address its current governance and financial issues. The Board of the Association will meet again tomorrow to review these steps.

The FAI has also commissioned the financial firm Mazars to undertake an independent review and the Board will move as quickly as possible to adopt any recommendations of corrective action necessary.

The FAI has sought the assistance of Sport Ireland in relation to a number of matters. The FAI is engaging with Sport Ireland on the composition of a new governance committee with additional independent members and the appointment of an independent person to the committee of the board examining the current issues. The Association plans a root and branch review including of its rules and processes.

The FAI has offered Sport Ireland the opportunity to assure itself that all government funding provided to the FAI was and continues to be used in the appropriate manner.

The Association continues to work to restore the trust of its stakeholders including the Minister and Sport Ireland as soon as possible. The FAI wants to ensure that all those who play football across Ireland do not suffer as a result of the actions of the Association.

The Board of the FAI acknowledges that the €2.7million funding Sport Ireland provides to the FAI and the Sports Capital Grants, also funded by the taxpayer, are crucial to football and every step will be taken to ensure these continue at the earliest time possible.

In response to Deputy O’Dowd’s comments, the FAI confirms it had undertaken to come back to the Oireachtas Committee regarding information they had sought during the hearing last Wednesday evening. As stated on Friday, the FAI has researched that information and will respond to the Committee by close of business tomorrow."

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