A European bailout?

Aw ref.

Sport Ireland has ‘no difficulty’ with minister’s statement on FAI president (RTÉ)

15 thoughts on “Liquid Football

  1. eoin

    Is this the same FAI which has €50m a year annual income, of which only around €3m comes from the government (via the politically independent Sport Ireland led by John Treacy which is supposed to divvy up the €60m of annual sports grants between the various sporting organisations).

    How on earth does the FAI need a bailout? The govt gave them half of the planned 2019 grant in the first three months of the year and that total grant is only worth €3m for the full year and that grant comes into the FAI and goes out to local clubs. In other words, it surely isn’t the withholding of the grant that’s causing the financial problems.

    Maybe it was the €400,000 CEO salary, the unvouched credit card expenses, the rental of the des res? Sounds like another organisation that needs to cut its cloth according to its means.

    1. Truth in the News

      Why is there not a formal investigation into this association and why did John Delaney
      jump ship, in other words who is running the outfit and if UEFA are now baling them
      out, is there anyone from the UEFA that can enlighten the grass roots of the FAI whats
      the state of their finances and where did money go under the tenure of Delaney and
      who decided Delaney’s rather huge salary in the first place.

  2. V

    That is a load of ……………
    eh
    scaremongering

    No way do the FAI need a bailout
    And Tracey is not qualified to say so

    This is disgraceful overreach
    I hope the members and the fans have something to say about this
    Also Grant Thornton
    effin’ Tracey and Ross are deliberately undermining the organisation
    and the work of Grant Thornton to indentify the issues, breaches, and make recommendations

    Let the organisation elect their Board
    Independently of this attempt at influence
    Work on a new Strategic Plan
    and turn the FAI around

    Utterly disgraceful

    If its fingers they want to point
    Point them at Deloittes
    If its a5555 they want to kick around
    Kick Deloittes

    1. eoin

      Also, it was John Treacy’s Sport Ireland which decided to release the grant to the FAI a fortnight after the first reports in the Sunday Times which revealed there were financial issues at the FAI. What has John Treacy to say about this? He was seemingly happy to hand over our money in March even though there were issues at the FAI.

      But, put yourself in John Treacy’s shoes Vanessa, you’re being paid €5m a year to divvy out €60m of sports grants with everyone licking your behind as if you were God Almighty. Would you rock the boat by taking a contrary view to that expressed by the Minister who originates the €60m and who pays your salary and gives you a total dream job?

      1. bertie blenkinsop

        Treacy is hardly getting €5m a year, sure there’s plumbers not even earning that.

        1. eoin

          I don’t know how much Treacy is getting paid himself, but the Sports Ireland accounts show they have overall costs of €5m to administer sports grants of around €60m a year. Giving away 10s of millions is the best job in the world. Everyone is so damned nice to you. Frankly, we’d be better off if we cut out the €5m of middle-men at Sport Ireland and had a lottery for the grants. I mean who decides if boxing is a better sport than frisbee throwing.

          1. curmudgeon

            Agree but would double down on the getting rid of them part. Sport Ireland’s board are a who’s who of tax sucking quango lifers. Especially Kieran Mulvey

    2. class wario

      They are currently being loaned millions by UEFA, hardly a ringing endorsement of the suggestion they definitely won’t need a bailout further down the line. SIPTU have already flagged potential job losses too. Its extremely naive to suggest this is all ego stroking and scaremongering and not at all entertain the idea that Delaney and Co have seriously mismanaged the organisation to date.

      Why would ‘fans’ be objecting anyway? The FAI are a disgrace. Can’t even pay off a stadium that the IRFU will eventually own entirely, a faltering national league, a complete lack of, up until very recently, proper player pathways that didn’t involve shipping lads off to England early doors, again until recently zero joint up thinking throughout the ranks of international football. Just because Delaney could kiss arse at local clubs the country over with novelty checks doesn’t mean everything was rosey before Sport Ireland rocked up.

    3. dav

      your defence of a shower who stood idly by as john Delaney ruled the fai and the fai chequebooks as his own personal fiefdom is baffling

  3. Ron

    Is there angthing left in this country that the state have a hand in that isn’t tainted with the smell of a scam of it.

    1. GiggidyGoo

      No, and the impending collapse of Deutsche Bank will see all EU Citizens taking a hit. Unlike the Irish banks when we took the complete hit (for the likes of Deutsche’s gambling), the landscape changed shortly afterwards so that one country wouldn’t take the complete hit (germany in this case). Nope, it’s spread across all member states.
      Yes, folks, all EU citizens may (As baldy Noonan said) ‘sew up yer pockets’. And that includes you., even though you’re already paying off the Germans and French gamblers.
      https://www.zerohedge.com/news/2019-07-16/bank-run-deutsche-bank-clients-are-pulling-1-billion-day

Comments are closed.