FAI Issue Statement on KOSI Report

The Football Association of Ireland (FAI) have tonight released a statement on the Minister for Transport and Sport’s KOSI Report which was commissioned by Sport Ireland.

The statement by the FAI said that it has not yet received the final report from Sport Ireland. It said in the statement

 

“The Board has yet to receive the final report from Sport Ireland that was presented to the Minister”

 

 

The FAI went on to address that all government money issued by the Government to them by Sport Ireland has been spent appropriately and as intended.

The Football Association of Ireland will co-operate fully with any Garda Siochana investigation into FAI affairs on the back of the decision by the CEO of Sport Ireland to refer the report to An Garda Siochana.

The FAI Statement comes on the back of today’s news that Sport Ireland has referred the report to the Gardai. This report was called the KOSI Report. This was an investigation by KOSI Corporation Ltd. The investigation looked at the FAI’s account and how they handled public funds. Moreover, Minister Shane Ross’ Department released a statement today regarding this they said, “The Minister for Transport, Tourism and Sport, Shane Ross TD, has received the Final Report of the Independent Audit of the FAI, conducted by KOSI Corporation Ltd, on behalf of Sport Ireland.” Furthermore, the statement also revealed that the report has now been referred to the Gardai. It stated “The Minister said that Sport Ireland has today referred the report to An Garda Síochána.”

 

The report was launched to look at the financial situation at FAI. Some of these issues include the spending of former CEO John Delaney. These include the use of his credit card  in an incorrect manner. However, Delaney also failed to control his personal expenses and he also made some payments using FAI funds. Delaney resigned as CEO of the FAI in March this year. Finally, it remains to be seen what the Garda response will be on the report.

(Video from Off The Ball)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.