The FAI are remaining tight-lipped on reports that John Delaney is still being paid his €360k CEO salary.
Delaney is currently on ‘gardening leave’ from the association pending a series of investigations into the FAI’s finances and corporate governance issues. He stepped down as CEO on March 23, following the fallout from revelations in the Sunday Times that he gave the association a €100k ‘bridging loan’ in 2017 with the transaction not lodged in company accounts.
A new position, executive vice president, was created for Delaney with the FAI confirming at the time that “the salary is substantially less than the salary he previously received as CEO”.
Delaney’s salary as executive vice president is reportedly €120k-per-annum, but the Irish Daily Mail reported today that he is still being paid his CEO salary of €360k.
When contacted about the reports, an FAI spokesperson told Independent.ie: “We don’t comment on individual contracts.”
Meanwhile, the FAI is to have a new 12-person board containing at least four female and four independent directors.
These form part of the main recommendations made by a governance review committee established in the fallout of the crisis over John Delaney’s €100,000 loan to his employers.
The eight remaining members of the board will today be presented with a draft report in Limerick.
If approved, it will need to be ratified by a two-thirds majority at the FAI AGM on July 27.
The governance review committee is chaired by Aidan Horan from the Institute of Public Administration. He was joined by fellow Sport Ireland nominees, Dr Moling Ryan and Joe O’Leary, along with FAI delegates Niamh O’Donoghue and Rea Walshe.
O’Donoghue was the first – and remains the only – female member of the FAI board.
Gender balance is understood to be a core finding of the review carried out for the past eight weeks.
A move to recruit independent directors, which was a recommendation as far back as the 2002 Genesis report, is another integral plank of the report.
Another change proposed, it’s believed, is the reduction in volume of the 58-person council. They will also reduce their annual meetings down from four.
Also on the agenda is the scrapping of the secretary and treasurer roles. Both are currently vacant after Michael Cody and Eddie Murray resigned in the wake of the controversy surrounding their close ally, Delaney.