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Sport Ireland seeking “urgent clarification” over Delaney loan to FAI

Sport Ireland has written to the FAI President seeking “urgent clarification” over a loan CEO...
Michael Staines
Michael Staines

20.24 19 Mar 2019


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Sport Ireland seeking “urgent...

Sport Ireland seeking “urgent clarification” over Delaney loan to FAI

Michael Staines
Michael Staines

20.24 19 Mar 2019


Share this article


Sport Ireland has written to the FAI President seeking “urgent clarification” over a loan CEO John Delaney gave the organisation out of his own pocket in 2017.

The organisation – which is tasked with directing the development of Irish sport – said it had asked for information on the “circumstances of the loan and its repayment.”

It comes after the FAI chief executive confirmed he made a “once-off bridging loan” worth €100,000 to the association to help it with a “very short-term cash flow issue” in 2017.

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He said it was the only time he gave the association a short-term loan and said it “repaid in full” in June 2017.

Sport Ireland said it was “not notified at any stage in 2017 about any apparent material deterioration in the FAI’s financial position.”

It said it should have been notified of the loan under its terms and conditions for grant approval.

Mr Delaney is due to appear before the Oireachtas Committee on Transport, Tourism and Sport next month.

The committee is set to examine governance at the FAI and the development of the League of Ireland and underage game.


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