Treacy delivers gloomy update on FAI finances

Sport Ireland CEO John Treacy has laid bare the perilous financial state of the FAI with a series of troubling revelations, the most stark of which is that they are currently in discussions with Uefa about a bailout package that would ensure they can operate for the next 12 months.

Treacy was unable to confirm whether the FAI is currently solvent, confirming only that they were being funded by European football’s governing body and a deal for the next year had yet to be finalised.