Oireachtas Joint and Select Committees

Thursday, 22 February 2024

Public Accounts Committee

Appropriation Accounts 2022
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sports and Media
Sport Ireland: Financial Statements 2022
FAI: Matters relating to Governance and Funding

9:30 am

Mr. David Courell:

The Deputy can frame it like that. We could also frame it as it being four years after we were granted any funding towards the project. In those intervening four years, the financial liabilities of the association were laid bare. It is worth noting that while we are grateful for the LSSIF support, it is a retrospective grant. If we were to have proceeded with the project, the FAI, as the primary sponsor, would have had to front up €3.8 million in cash.