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FAI votes in favour of 35 million euro funding deal from the government to save them from insolvency

A comfortable majority voted in favour of the governance reforms required

Stephen Byrne by Stephen Byrne
Tuesday 1 September, 2020
in Soccer
Reading Time: 1 min read
FAI Crest. File Photo.

FAI Crest. File Photo.

FAI Interim CEO Gary Owens says next year’s finances are based on no fans being allowed attend games.

The association was saved from insolvency last night.

A comfortable majority voted in favour of the governance reforms required to secure 35 million euro of government funding.

However, Owens says the FAI’s financial state remains fragile and hasn’t ruled out a rebrand.

Independent chairperson Roy Barrett says “in his mind there is no issue around the fact he was recommended for his role by the chairperson of Bank of Ireland, Patrick Kennedy”.

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