Thursday, July 9, 2009

FAI Accounts....what's the story?

The FAI AGM was held over the weekend and Monaghan and passed over with little or no incident.

There was some comment relating to the €16m deficit in the accounts with an one off payment of €10m in relation to the construction of Lansdowne Road.I found the comments of Jack O’Neill from Bray Wanderers interesting. He was critical of the fact that the association’s decision not to release the accounts to members until the Saturday morning. I assume that the decision was based on minimising leaks to the media. However his comments that the association needs to “grow up” seems to be on the money.

If the association are so confident in their figures then they can stand over these in front of public scrutiny. The current approach smacks of minnowism and of an association that has something to hide.

http://www.herald.ie/sport/soccer/fai-cagey-on-debt-at-agm-1807833.html

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