Pádraig Ó Céidigh (Independent) | Oireachtas source

Excuse me. I am short on time. I accept the point that there is an urgency. However, if we go in with urgency, we could miss a whole lot of points, as Deputy MacSharry said. We are waiting for a whole lot of reports that, in my view, will significantly affect the structure and corporate governance. I laud and applaud, as everyone here has, the document that has been prepared.

There are audits by KOSI, which is an unfortunate name, Mazars, Grant Thornton and the Office of the Director of Corporate Enforcement. KPMG is investigating hacking in the FAI computer system. There are so many potential train crashes that we should take stock and reflect to get it right first time. We should measure twice and cut once rather than urgently saying we will go and do something.

I believe that 80% of Mr. Horan's report could have been written about any business. It is good, proper corporate governance strategy. About 20% of it is directly related to FAI issues. One or two areas should be considered in greater detail, including the role and job specification of the CEO. It is mentioned in recommendation 7, but in this issue it is far more important and relevant.

The other FAI-specific part of it is the engagement and interaction between the board and the management. Mr. Treacy and Mr. Mulvey know well that that is a critical relationship and that there is no overlap between the two of them one way or the other. There is concern that there has been significant overlap regarding the FAI.

I believe the witnesses may have partly answered this question. How is the FAI currently funded without the €2.8 million or €3 million grant it gets? When did Sport Ireland last give funding to the FAI?