On Air Now

11 to 3 with John Dunne

11:00am - 3:00pm

  • 045 901 490
  • 0833-979797

Now Playing

Bryan Adams

Summer Of 69

FAI Considers New Debt Strategy After Draining Cash Reserves To Pay Legacy Debt

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.
 

More from Sports News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Wed

    Light rain shower

    14°C

  • Thu

    Sunny intervals

    13°C

  • Fri

    Sunny intervals

    13°C

  • Sat

    Low-level cloud

    18°C

  • Sun

    Sunny intervals

    18°C