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In the Morning Ireland interview Delaney also stated that: “We have an AGM every year, our accounts are given to the public, our members. I don’t know what more we can do in terms of being open and transparent. Our members are very happy with the way the association is being run.”
Yet there appears to be no mention in the accounts for 2009 or any of the next four years of any money coming in from Fifa, whether as a loan, grant or legal settlement.
If the money was only written off in the wake of Ireland failing to qualify for the 2014 World Cup it might only count as income in last year’s accounts which have yet to be published.
FAI statement
In a statement released on Thursday night, the FAI insisted that the payment “is fully reflected in our financial statements which are audited independently”.
This suggests that the money was included under the heading “Operating Income,” a catchall section in which just about all income not specifically required to be listed elsewhere is lumped together.
If so, it seems remarkable that such a huge sum – more than 10 per cent of total income in an average year – would not have merited a specific mention and explanation from an organisation that claims to be transparent.
Quite a few other, much smaller grants, like one for €2,600 from the Department of Community, Equality and Gaeltacht Affairs in 2011 do get a mention and even if the money was a loan, one of that scale clearly merits inclusion and explanation under the relevant sections so that the membership would be aware of it.
Either way, the suggestion that the transfer of money like this between two football organisations should be subject to a confidentiality agreement seems entirely at odds with a stated wish for transparency.
Very interesting indeed.