Saturday 19 October 2019

Sport Ireland expecting update next week on delayed audit into FAI finances

Former FAI CEO John Delaney. Photo: Gerry Mooney
Former FAI CEO John Delaney. Photo: Gerry Mooney
Daniel McDonnell

Daniel McDonnell

Sport Ireland are expecting an update from Northern Irish firm KOSI early next week on the status of their delayed audit into the FAI.

The draft report was due to be completed last Monday but a hold-up in the Sport Ireland-commissioned audit was announced in the aftermath of John Delaney's resignation.

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KOSI had requested fresh information, and correspondence between John Treacy and the Oireachtas Joint Committee on Transport, Tourism and Sport has confirmed that KOSI are in contact with Irish football's governing body.

The Oireachtas Committee have requested for both Sport Ireland and FAI to appear in front of them to provide an update.

They are also keen on seeing details of Delaney's exit package if they are to be supplied to Sport Ireland.

An e-mail from John Treacy to the joint committee - seen by Independent.ie - said "KOSI are continuing with completion of their audit and are actively liaising with the FAI on all relevant matters.

"I expect to get a full update from KOSI early next week on timelines, which will hopefully facilitate a response to the Committee in accordance with its request.

"We will also discuss the Committee’s request for a copy of the final audit report (as soon as possible after it is presented to the Minister) with Minister Ross’ officials in the Department of Transport, Tourism and Sport."

In their missive to Treacy, the Oireachtas Commitee detailed a meeting from October 2 which outlined a request for information under six headings.

They are: (a) Expected date of receipt, by Sport Ireland of the forensic audit report being carried out into matters related to the FAI, by KOSI Corporation, and confirmation of the earliest date in which Sport Ireland will be available to discuss same with the Joint Committee thereafter.

(b) The Committee notes the developments that follow receipt of that report by Sport Ireland (as per your letter) and the Committee requests that the final audit report be submitted to the Joint Committee, as soon as possible after it is presented to the Minister, bearing in mind that this forensic audit was requested by the Joint Committee at its hearings last April. An expected date of delivery of this report to the Joint Committee is requested.

(c) The expected date of completion of the Mazars report into certain matters relating to the FAI, and if, and when that report will be presented to Sport Ireland and subsequently to the Joint Committee .

(d) The expected date of completion of the Grant Thornton report into certain matters relating to the FAI, and if, and when that report will be presented to Sport Ireland and subsequently to the Joint Committee.

(e) If details of the "exit package" agreed between the FAI and former Chief Executive/Executive Vice President following his recent resignation, have, or will be supplied to Sport Ireland, and if so the Joint Committee requests details of same.

(f) Any other details of discussions/correspondence between Sport Ireland and the FAI, regarding governance issues at, and the restoration of State funding to that body which is currently suspended.

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