“More detail was also requested by Sport Ireland in order to assess compliance with the terms and conditions of grant approval. Sport Ireland also sought re-confirmation that all state funding provided to the FAI has been spent for the purposes intended and in accordance with approved submissions”.
Responding to the query, the FAI’s director of finance told Sport Ireland that the organisations net current liabilities position “is a common annual position” driven by deferred income from grants, sponsorship and commercial agreements being released over the lifetime of the agreements.
Finding Anything Incriminating (FAI) is proving curiously difficult. To borrow the cycling term for their code of silence; omerta. Let's call it O'Merta! They're ALL implicated. And they're sh1tting themselves on what to admit/deny. That's JD's trump card.
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Source: thejournal_ie - 🏆 32. / 50 Read more »
Source: thejournal_ie - 🏆 32. / 50 Read more »