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FAI make €300,000 fund available for assisting clubs in financial difficulties to pay players

 

The Board of the Football Association of Ireland has agreed to the creation of a proposed fund worth €300,000 (split equally between the FAI and the PFAI) to assist SSE Airtricity League clubs who are experiencing difficulty in meeting contractual obligations to professional players.

The FAI have initiated this fund and have contacted the Professional Footballers Association of Ireland (PFAI), via SIPTU, on matching the amount that the FAI Board have approved.

The fund would be set up solely for SSE Airtricity League clubs who experience difficulty in unforeseen circumstances in fulfilling contractual obligations to professional players.

The proposed fund would work as follows…

– A total of €300,000 (split equally between the FAI and the PFAI) would be placed into an escrow account to help professional players who are left unpaid by SSE Airtricity League clubs

– The fund can only be accessed by clubs participating in the SSE Airticity League if they are unable to fulfil contractual agreements with their players

– If an SSE Airtricity League club chooses to activate the fund then immediate sanctions will be imposed. The sanctions, to be agreed, will range from deducted points to an embargo on registering new players

– This fund can only be accessed as a last resort by clubs to resolve wages owed to professional players and clubs must repay, in full, all monies received by end of season or further sanctions will apply

The FAI is now awaiting a response from the PFAI within the next few days.

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4 thoughts on “FAI make €300,000 fund available for assisting clubs in financial difficulties to pay players

  1. makes sense, as long as the clubs concerned don’t see it as an easy-out, hopefully the sanctions and re-payment of monies will see to this. The most important thing is that the players get paid without having to resort to strike action.

  2. What about sligo rovers not getting a home game in 11 weeks.the fai are trying to put them out of business.its a joke.

  3. A potential 300k down the drain, a hell of a lot of dosh by LOI standards. Our greatest team each year only receives 110k ffs. No sense in this. About time amadán Fran Gavin is replaced by someone who gives a shit

  4. Gavin is the one who tried to claim that the FAI were instrumental in Dundalk’s successful European run. As regards to Sligo, they should have been compensated by team they accom dated who were playing in Europe, from their Euro cash

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