Euro 04 failure means job losses

MEMBERS of the Board of Management of the FAI are likely to learn the harsh economic facts of life as a result of Ireland’s failure to reach the Euro 2004 finals when they meet in Dublin today.

Ireland’s elimination from the competition by Switzerland reportedly meant a loss in income of between 3m and 4m to the FAI. Already there are indications the new management team at the FAI will respond by reducing staff numbers.

The communications arm is reportedly first to be hit with staff reductions in the Press department and in the official FAI website team.