Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

FAI president Donal Conway and Vice President Paul Cooke at the AGM press conference yesterday in Dublin. Ryan Byrne/INPHO

Poll: Should the government bail out the FAI?

Taoiseach Leo Varadkar said that the government will not be bailing out the football organisation.

THE CRISIS FACING the Football Association of Ireland (FAI) continues, with fears that it could lead to the liquidation of the organisation. 

With debts of around €62 million, the FAI recently asked Sports Minister Shane Ross for a government bailout of €18 million as it seeks a refinancing package with their bank to secure their future. 

Yesterday, Ross warned that neither liquidation nor examinership are viable options. 

Taoiseach Leo Varadkar has said that the government will not “bail out” the FAI. 

“We don’t want to be in a situation where we are somehow asking the taxpayer to bailout the FAI and take on their debts and liabilities and maybe their pensions too. We’re not going to do that,” he said. 

If the government declines to intervene in the crisis, the future of the FAI remains unclear.

So, what do you think: Should the government intervene and bail out the FAI?


Poll Results:

No (10429)
Yes (1720)
I don't know (377)

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Author
Dominic McGrath
View 119 comments
Close
119 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel

     
    JournalTv
    News in 60 seconds