FAI debt now stands at €43.2 million euro.
The FAI are considering an alternative debt strategy after using €9.3 million euro of their cash reserves to pay off legacy debt.
It left the association’s cash balance to the end of 2023 at just €1.6 million.
FAI debt now stands at €43.2 million euro.
For the second year running they recorded a budget surplus of €3.5 million, but thanks to an €8.3 million increase in turnover.