Oireachtas Joint and Select Committees

Wednesday, 3 April 2019

Joint Oireachtas Committee on Transport, Tourism and Sport

Funding Granted by Sport Ireland to the Football Association of Ireland and Related Matters: Discussion

Photo of Pádraig Ó CéidighPádraig Ó Céidigh (Independent) | Oireachtas source

It is strange that the FAI had turnover in excess of €50 million, profits of €2.7 million, and net total assets of more than €22 million, yet it had cash flow problems and could not talk to its bank about an overdraft or restructuring its finance in some way. It is astounding after the association was so financially successful. I cannot get it, as an accountant.

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