FAI miss out on €10m cash boost as Ireland fail to qualify for Euro2020

The €15m money grossed from reaching those two tournaments went a long way towards delaying the financial implosion

Republic of Ireland manager Stephen Kenny following the penalty shootout loss on Thursday night. Failure to qualify was also a blow to the already precarious finances at the FAI. Picture: Stephen McCarthy/Sportsfile

As the dust settles on Ireland’s European Championship play-off defeat last night, the FAI are today facing up to the reality of missing out on almost €10m of prize-money.

Next summer in a tournament co-hosted by Dublin, an Irish team won’t be at a European Championship finals for the first time since 2008.