ODCE may probe FAI under company law - Taoiseach

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Minister Shane Ross has said the FAI has written to him to indicate the organisation's board will step down | Read more:

Taoiseach Leo Varadkar has raised the possibility of the Office of the Director of Corporate Enforcement investigating the Football Association of Ireland.

Micheál Martin said the "Irish people had been denied a straightforward explanation about a loan from the former chief executive."Reading out the letter from FAI President Donal Conway at this afternoon's Tourism, Transport and Sport Committee meeting, Mr Ross said: "It is the intention that the existing board will step down to allow for a new board to be constituted in the best interests of football.

Mr Ross said that he now believes an EGM should be called before the Association's scheduled meeting in July, to facilitate the establishment of a new board. "At that point, when a new structure has been put in place, it is the intention that the existing board will step down to allow for a new board to be constituted in the best interests of football," the letter stated.Today, the Companies Registration Office received a report from auditors Deloitte, saying that the accounts of the Football Association of Ireland are not being properly kept.

"A form H4 has been filed with the Companies Registration Office yesterday with effective date 12 April," Mr O'Dowd said. John Treacy has also told the Oireachtas Committee that Sport Ireland agreed with the FAI last night that a full audit of the organisation will take place.

 

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