The disgraced John Delaney |
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Shedite
Jack Charlton Joined: 09 Dec 2011 Status: Offline Points: 9820 |
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3/4 c level employees, aka Executive Directors (CEO, CFO etc) 3 NEDs (Non executive directors), lads who would be ex FAI CEO's etc, well in with the organization 3 INEDS (Independetn Non-Executive Directors), these are the ones who should relly be holding to account, they're typically as far removed from FAI as possible, a CEO from Bord Gais, HSBC for example. They get paid a lovely amount of money to attend a few bosrd meetings a year with the goal that they keep the in-house lads in check, they're basically the police of the board. Not sure who these were, in the case of Financial Services the 3 INEDS would be vetted by the Central Bank, to make sure they're independent enough. Not sure if Sport Ireland or whatever get a veto on them, or if they just appoint other old boys. If you get enough old boys in the NEDS and INEDs positions, the CEO can do what he like basically.
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The GerK
Moderator Group Razor you wanna pint?...2 minutes later Joined: 09 Feb 2007 Status: Offline Points: 20482 |
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The issue surrounds the 3million deal. Now maybe you know more than the legal experts but it was complex and a legal case would have cost the association a lot, a lot, more than 600k. The FAI have to put the future of the association first. They did that. Presumably if there is any criminality proved in the future, they can take a case to retrieve payments. |
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pre Madonna
Robbie Keane I am MALDING Joined: 30 Nov 2014 Location: Trumpton Status: Offline Points: 44659 |
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And those ones too...
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The GerK
Moderator Group Razor you wanna pint?...2 minutes later Joined: 09 Feb 2007 Status: Offline Points: 20482 |
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Jesus, read the posts will you. Has history taught you anything? Bigger culprits than JD have walked. It's not what you know, it's what you can prove in a court of law.
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Trigboy 10
Liam Brady Joined: 02 May 2015 Status: Offline Points: 1322 |
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Edited by Trigboy 10 - 07 Dec 2019 at 11:52am |
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inlikeflynn
500 Club la la la Joined: 29 Oct 2014 Location: London Status: Offline Points: 723 |
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who is the €55m due to and when? Is any of it in arrears?
Is the stadium debt included in that? I keep thinking of the 100k which Delaney lent was because the FAI was getting close to its €1.5m overdraft. €55m is obviously a whole different ball game. If the stake in the stadium is sold then can all debts be brought into order, not in arrears, and then get back to paying off our debts?
Edited by inlikeflynn - 07 Dec 2019 at 12:52pm |
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Drumcondra 69er
Jack Charlton Joined: 07 Oct 2009 Location: Ireland Status: Online Points: 7123 |
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Yes, that includes the stadium debt. A chunk of that was already known. It had been decreasing. It was being quoted at €28m before this scandal broke and was reflected in the incorrect accounts. It's not all new debt that's just appeared.
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seanyshuffler
Jack Charlton PM snitch Joined: 09 Jun 2011 Location: Ireland Status: Offline Points: 9538 |
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Was the stadium debt actually €28m or was it reality higher? €27m extra in liabilities. Would all the advanced payments they received be included in liabilities?
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cliffrichard
Liam Brady Joined: 16 Nov 2009 Status: Offline Points: 1233 |
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Who thought Eddie Murray a former Garda super would be a sensible appointment as a treasurer? Christ above.
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Saint Tom
Jack Charlton Joined: 03 Jan 2009 Location: Ireland Status: Offline Points: 9981 |
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Is he connected to the Garda who was requested to snoop on people's Phones?
Edited by Saint Tom - 07 Dec 2019 at 2:41pm |
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My destination inchicore my next stop being kilmainham
Where patriots and super saints are the topics of conversation |
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E2016
Liam Brady Joined: 13 Jan 2016 Location: Cork Status: Online Points: 1770 |
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I see you're famous now. Edited by E2016 - 07 Dec 2019 at 3:26pm |
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ontheball
500 Club la la la Joined: 01 Sep 2011 Location: waterford Status: Offline Points: 661 |
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Paul Cooke is a very decent honest man. He does not perform well in public and is quite uncomfortable in the public eye. I thought he was quite impatient with the IT guy but so would anyone about to deliver that news. I suppose we had the media performer in JD, all style, no substance. Now for a few weeks, we have a guy who is all substance and not get style but I know which one I'd prefer.
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Hans Moleman
Roy Keane Muff: That is a lie and you are a liar Joined: 09 Aug 2012 Status: Offline Points: 10199 |
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The logic is so flawed by those saying that it was correct to settle with John Delaney. Even at this stage where we know that finds were misappropriated. We know that accounts were falsified. We know that John Delaney was a major player in everything that has gone on with the end result being that the FAI are essentially bankrupt. The end result being that there is a KOSI report gone to the guards and no doubt plenty of illegalities will be found there and in other investigations. The FAI would have known every bit of this for months now. Plenty at the FAI would have known what was going on a lot longer that that, despite their denials that they were completely in the dark. Yet people think that it is correct to settle with John Delaney for 463k only last month, and have paid him 6 months of gardening leave bringing that total from March to roughly 650k. I'll say it again. The mind f*cking boggles. Essentially what a few of you are saying is that there is no scenario where the FAI could have fired John Delaney without giving him a pot of gold on his way out. JD hypothetically bankrupts the association by fiddling the books, FAI - 'John, you've bankrupted the association by fiddling the books, so you can't really work here anymore. Here, have a pot of gold on your way out though.' JD hypothetically kills someone, FAI 'John, you've killed someone so you can't really work here anymore. Here, have a pot of gold on your way out though.' I am not sure at what point people will admit that their comments regarding giving Delaney a huge settlement being a good idea, were actually wrong? No matter what comes of this, it looks like some on here made a comment originally so they simply can't change on that no matter the overwhelming evidence now to say that it was an appalling decision to award the man who has killed the FAI. I think we'd all love to see John Delaney doing time for his role in bankrupting the FAI - even if that happened I'm guessing lads on here will still say paying him off was the correct thing to do.
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"I called him an embarrassment to FIFA and to himself," .... He said 'No-one speaks to me like that'.... and I said, "well I do' and that was that."
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Pipkin
Liam Brady Joined: 07 May 2009 Status: Offline Points: 1975 |
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Hans - what funds did he misappropriate that we have evidence of?
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Denis Irwin
Robbie Keane Stay Home & watch Lethal Weapon Joined: 03 Feb 2008 Location: Ath Cliath Status: Offline Points: 37951 |
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Why am I not surprised Hans is a self proclaimed legal expert
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Eamonn Dunphy:"I'll tell you who wrote it, Rod Liddle, he's the guy who ran away and left his wife for a young one".
Bill O'Herlihy: Ah ye can't be saying that now Eamonn |
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Hans Moleman
Roy Keane Muff: That is a lie and you are a liar Joined: 09 Aug 2012 Status: Offline Points: 10199 |
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This deserves a world record 9,714 smilies. Mods, is it ok to proceed thus?
Edited by Hans Moleman - 07 Dec 2019 at 4:06pm |
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"I called him an embarrassment to FIFA and to himself," .... He said 'No-one speaks to me like that'.... and I said, "well I do' and that was that."
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9fingers
Paul McGrath Ballymun Resident #MONKEANO Joined: 30 Jan 2010 Status: Online Points: 16144 |
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ffs
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Hans Moleman
Roy Keane Muff: That is a lie and you are a liar Joined: 09 Aug 2012 Status: Offline Points: 10199 |
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You are correct Denis. I've changed my mind. The FAI actually left Delaney short after his years of quality service. He should have been paid a lot more when he departed.
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"I called him an embarrassment to FIFA and to himself," .... He said 'No-one speaks to me like that'.... and I said, "well I do' and that was that."
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