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The disgraced John Delaney

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Jack Charlton
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Post Options Post Options   Thanks (0) Thanks(0)   Quote reddladd Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 1:16am
Delaney trying to do a Dinny O’Brien. Fai probably lent him the money for the high court hearing
I could agree with you but then we'd both be wrong.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote corkery Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 1:44am
The FAI are like 1980s Fianna Fail.
'The younger generation as in 17 -25 are certainly gayer than their predecessors. I think they may cause the extinction of the human race with their activities.'- Baldrick
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Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 8:24am
Full Sunday Times article 
John Delaney, chief executive of the Football Association of Ireland (FAI), wrote a personal cheque for €100,000 to his employer in 2017. Delaney has refused to explain the reason for the payment.

Last night the FAI boss failed in an emergency application before the judge Anthony Barr of the High Court to prevent The Sunday Times revealing details of the payment. Following a three-hour hearing, the judge ruled in favour of the newspaper’s right to report the existence of the payment.

A copy of the cheque has been seen by The Sunday Times and its authenticity verified by several sources. It is dated April 25, 2017.

The €100,000 payment was drawn from Delaney’s account at Bank of Ireland in Waterford. The cheque was subsequently lodged at Bank of Ireland in Blanchardstown, near the FAI headquarters in Abbotstown.

Questions in relation to the €100,000 payment were first made to the FAI on March 1. In his ruling last night, Barr noted that it was significant that Delaney had 15 days to respond to queries from the newspaper and had instead launched a last-minute application to the court.

The Sunday Times has also seen a copy of an FAI “remittance advice” document made out to Delaney dated June 16, 2017. The remittance of €100,000 is said to have been paid based upon an invoice.

In the High Court last night, Delaney attempted to get an injunction based on the claim that documents seen by The Sunday Times could have emerged only from in camera family law proceedings involving his ex-wife.

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The judge ruled that the rights of the in camera rule had to be balanced with the right of the media to report on matters of public interest. He added: “I am satisfied that the finances of the FAI and any payment and repayment to its chief executive are matters of significant public interest.”

Delaney is paid €360,000 a year as chief executive of the FAI and last year he got an extra €160,000 from Uefa, the European football governing authority, according to financial statements published last month.

He was elected to the Uefa executive committee in April 2017 and chairs its youth and amateur football committees. Delaney is also deputy chairman of Uefa’s women’s football committee. He has been on the FAI’s board for 17 years.

Delaney is likely to face questions about his salary when he appears before the Oireachtas committee on transport, tourism and sport on April 10.

The FAI’s last filed annual accounts are for the year ending December 31, 2017. Audited by Deloitte Ireland, they report related party transactions of €430,000 in “total remuneration for key management personnel” — the same figure as in 2016.

Delaney has previously defended his salary. “It is a 24/7 job, weekends as well,” he said. The prize for the club that wins the League of Ireland is €110,000.

Catherine Murphy, a TD and member of the transport, tourism and sport committee, has said she wants to question Delaney about governance, given the “huge” amount of public cash that the FAI gets every year.

The association has had almost €50m in state funding over the past decade. It gets an annual €2.7m grant from Sport Ireland. The FAI’s most recent accounts show its grants and “subvention funding” came to €6.14m out of a total income of €49m, mostly made up of ticket sales and sponsorship.

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Post Options Post Options   Thanks (0) Thanks(0)   Quote cliffrichard Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 8:34am
Amount of the bridging loan: €100,000
Vs

Likely legal costs of an unsuccessful emergency High Court injunction: €30,000

WTF ?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Pipkin Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 8:35am
Thanks 9fingers

This is totally unacceptable whatever way you look at it - even without the honest truth. The injunction claim highlights that. Delaney is living on borrowed time. If the jacks get it out for him this could be it
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MC Hammered Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 9:20am
Originally posted by Denis Irwin Denis Irwin wrote:

Originally posted by MC Hammered MC Hammered wrote:

Originally posted by Gigibongi33 Gigibongi33 wrote:

https://twitter.com/McDonnellDan/status/1107059639219310599?s=19

Can't upload the photo as I'm on my phone. But apparently he gave a €100k loan to the FAI as a bridging loan



Ah yeah, that’s why he spent 3 hours in the High Court trying to secure an injunction to prevent the story going out. It’s his damn humble nature that’s causing him problems again

It's getting better


  • There is no mention of this “bridging loan” in the FAI’s audited accounts for 2017

    This is illegal as far as I know
    El Puto Amo
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    Jack Charlton
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote DUBLIN DOC Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 9:53am
    I wonder what stance the Confeds will adopt, I will have a wild guess “nothing to see here” Saint John just bailing out his beloved organization, they will probably have a fckin whip round for a few quid towards his court costs
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    Jack Charlton
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote Drumcondra 69er Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 10:21am
    Originally posted by EdisonCavani EdisonCavani wrote:

    Bridging loan my hole! An organisation which has an annual turnover of €50 million can get cash flow finance from any bank no bother. 

    Me thinks there is a chance that Delaney may have been on the receiving end of the bridging loan and this cheque was the repayment of same?! If so dead man walking. Sunday Times were probably tipped off by an insider. 

    The story clearly states that the cheques went from JD to FAI and then back. So if they provided him with a bridging loan before then there would have to be further payments not yet discovered. 

    The explanation isn't credible, the FAI would have access to short term credit of 100k through its bank without question. Not recording the payment is the big issue here until more arises. It's GUBU carry on to have a senior exec introducing cash and withdrawing it from a business off the books while bragging about the financial strength of said business. Why it was done is also an issue until that's explained properly. It's generally the cover up that does for people...


    Edited by Drumcondra 69er - 17 Mar 2019 at 10:22am
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote The GerK Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 10:37am
    Originally posted by Drumcondra 69er Drumcondra 69er wrote:

    Originally posted by EdisonCavani EdisonCavani wrote:

    Bridging loan my hole! An organisation which has an annual turnover of €50 million can get cash flow finance from any bank no bother. 

    Me thinks there is a chance that Delaney may have been on the receiving end of the bridging loan and this cheque was the repayment of same?! If so dead man walking. Sunday Times were probably tipped off by an insider. 

    The story clearly states that the cheques went from JD to FAI and then back. So if they provided him with a bridging loan before then there would have to be further payments not yet discovered. 

    The explanation isn't credible, the FAI would have access to short term credit of 100k through its bank without question. Not recording the payment is the big issue here until more arises. It's GUBU carry on to have a senior exec introducing cash and withdrawing it from a business off the books while bragging about the financial strength of said business. Why it was done is also an issue until that's explained properly. It's generally the cover up that does for people...

    Does it?
    April 25 - Delaney writes cheque for 100k to FAI
    June 16 - "Remittance advice" document made out to Delaney stating 100k was paid based upon an invoice.

    What exactly is a "remittance advice"?



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    Davey Langan
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote ProudAndLoud Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 10:43am
    It's a receipt to say he was paid it back.
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote Drumcondra 69er Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 10:48am
    Originally posted by The GerK The GerK wrote:

    Originally posted by Drumcondra 69er Drumcondra 69er wrote:

    Originally posted by EdisonCavani EdisonCavani wrote:

    Bridging loan my hole! An organisation which has an annual turnover of €50 million can get cash flow finance from any bank no bother. 

    Me thinks there is a chance that Delaney may have been on the receiving end of the bridging loan and this cheque was the repayment of same?! If so dead man walking. Sunday Times were probably tipped off by an insider. 

    The story clearly states that the cheques went from JD to FAI and then back. So if they provided him with a bridging loan before then there would have to be further payments not yet discovered. 

    The explanation isn't credible, the FAI would have access to short term credit of 100k through its bank without question. Not recording the payment is the big issue here until more arises. It's GUBU carry on to have a senior exec introducing cash and withdrawing it from a business off the books while bragging about the financial strength of said business. Why it was done is also an issue until that's explained properly. It's generally the cover up that does for people...

    Does it?
    April 25 - Delaney writes cheque for 100k to FAI
    June 16 - "Remittance advice" document made out to Delaney stating 100k was paid based upon an invoice.

    What exactly is a "remittance advice"?


    Confirmation an invoice has been paid. Possible invoice could have been dated before April,  I guess. Impossible to say without seeing the  original invoice. Point still stands that there needs to be stuff not yet discovered if that's the case. 
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote The GerK Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 10:58am
    So FAI send confirmation it has been paid two months after it was paid?

    Is that not just confirming the Delaney payment? So we don't know if/when there was a payment from FAI to Delaney?
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote Drumcondra 69er Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 11:01am
    Originally posted by The GerK The GerK wrote:

    So FAI send confirmation it has been paid two months after it was paid?

    Is that not just confirming the Delaney payment? So we don't know if/when there was a payment from FAI to Delaney?

    Remittance advice would generally be issued with payment. Not always though but vast majority would be issued with the cheque.
    This advice is confirming payment from FAI to JD.


    Edited by Drumcondra 69er - 17 Mar 2019 at 11:02am
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote EdisonCavani Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 11:07am
    Originally posted by Drumcondra 69er Drumcondra 69er wrote:

    Originally posted by EdisonCavani EdisonCavani wrote:

    Bridging loan my hole! An organisation which has an annual turnover of €50 million can get cash flow finance from any bank no bother. 

    Me thinks there is a chance that Delaney may have been on the receiving end of the bridging loan and this cheque was the repayment of same?! If so dead man walking. Sunday Times were probably tipped off by an insider. 

    The story clearly states that the cheques went from JD to FAI and then back. So if they provided him with a bridging loan before then there would have to be further payments not yet discovered. 

    The explanation isn't credible, the FAI would have access to short term credit of 100k through its bank without question. Not recording the payment is the big issue here until more arises. It's GUBU carry on to have a senior exec introducing cash and withdrawing it from a business off the books while bragging about the financial strength of said business. Why it was done is also an issue until that's explained properly. It's generally the cover up that does for people...
    A loan is a liability once it is taken out. You can’t get an invoice from the entity that gave you the loan to repay that loan. You don’t send a remittance to a bank when you make a loan repayment to them. In my opinion the statement from Delaney is nonsense.

    As you say the timing of the payment to Delaney will tell all. If you are cynical you would say the payment from Delaney to the FAI came second.
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote The GerK Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 11:13am
    At the very least, surely this will lead to an independent investigation into FAI accounts?
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote 9fingers Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 11:14am
    Mutually beneficial to have money in the FAI accounts and not his own at that particular time? 
    As has been said, an organisation the size of the FAI would not need a private loan of 100k off an employee, there would be plenty of access to cash. 
    Biggest issue is it doesn’t show in the accounts 

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    Post Options Post Options   Thanks (0) Thanks(0)   Quote BabbsBalls Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 1:00pm
    Leave John alone lads.

    He’s a humble, nice guy. 
    l hear you are a racist now, father ?
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    Post Options Post Options   Thanks (0) Thanks(0)   Quote gufct Quote  Post ReplyReply Direct Link To This Post Posted: 17 Mar 2019 at 1:05pm
    €520,000 a year not including expenses and pension . When do people running football in this country resign!!!
    One City,One County,One Club GUFC will be back.
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