FAI to fully finance 'last resort' emergency fund for League of Ireland clubs

FAI to fully finance 'last resort' emergency fund for League of Ireland clubs

The FAI is to fully finance the 'last resort' fund for League of Ireland clubs who run into financial difficulty.

Irish football's governing body proposed last week that a fund worth €300,000 be set up to help clubs who are struggling to meet 'contractual obligations to professional players.'

The FAI had proposed that the money be funded in equal shares between FAI and the PFAI (Professional Footballers' Association of Ireland).

However, the PFAI reacted to the announcement angrily saying they had not been consulted on the issue.

The players' body did welcome the concept saying "it will assist greatly in alleviating the sort of issues that have bedevilled the league in the last few weeks."

RTÉ's Soccer Republic broke the news last night that the FAI have now decided to pay for the fund in full.

If a club avails of the fund they will be penalised. Sanctions will include a six-point deduction and a player registration ban.

The fund came about after Bray Wanderers and Limerick FC had failed to pay players their wages.

More in this Section

Rodgers sure Chilwell and Choudhury have learned lesson after missing sessionRodgers sure Chilwell and Choudhury have learned lesson after missing session

Mercy Mounthawk win electric all-Kerry final to be crowned national championsMercy Mounthawk win electric all-Kerry final to be crowned national champions

Declan Hannon to continue as Limerick captain; Cian Lynch new vice-captainDeclan Hannon to continue as Limerick captain; Cian Lynch new vice-captain

Sheffield United sign Forest left-back Jack RobinsonSheffield United sign Forest left-back Jack Robinson


Lifestyle

Hannah Stephenson has advice on how to care for your garden when wet weather strikesHow to prevent and deal with waterlogging in the garden

The Winter Show, which gets underway in New York this Friday, is a celebration of world cultures, from antiquity to the present.Time travellers are packing their suitcases for New York this week

'We’re far more comfortable talking to our kids about death than we are about sex'Learner Dad: 'The five-year-old can’t wait for our cat to die'

Ireland’s Ancient East provided a range of attractions which sated the appetites of both young and old.One-size-fits-all holiday package to Ireland's Ancient East

More From The Irish Examiner