
Football
Share
Published 19:39 4 Jun 2015 BST
Updated 21:21 4 Jun 2015 BST
"It’s a very good agreement for the FAI and a very legitimate agreement for the FAI. I’m bound by confidentiality for naming the figure."
“You’ve put a figure out there [€5 million] and fair play to you. It was a payment to the association not to proceed with a legal case. And in there they signed a confidentiality agreement where I can’t talk about the amount involved."
“You used a figure there, well done to you, but it was a very good and legitimate deal for the FAI.”
The internet has gone bonkers for the story and now it has taken another twist with FIFA issuing a statement to confirm a payment of $5million...but as a loan to be used for help in building a stadium,
"While the Referee’s decision is final, and the Football Association of Ireland (FAI) ultimately accepted it as such, in January 2010 FIFA entered into an agreement with FAI in order to put an end to any claims against FIFA." "FIFA granted FAI a loan of $5 million for the construction of a stadium in Ireland. At the same time, UEFA also granted the FAI funds for the same stadium. "The terms agreed between FIFA and the FAI were that the loan would be reimbursed if Ireland qualified updatefor the 2014 FIFA World Cup. Ireland did not so qualify. Because of this, and in view of the FAI’s financial situation, FIFA decided to write off the loan as per 31 December 2014."So that's that cleared up then. Lovely. UPDATE 21.12 The FAI has this evening issued it's own statement on the matter.
"Further to FIFA's statement this evening in relation to the €5m settlement with the FAI, the Association can now confirm that a legal settlement agreement was reached with FIFA following the threat of a legal case by the Association against world governing body in early 2010.""The matter has been reported before in the media however the Association has, until now, abided by the confidentiality agreement required by FIFA as part of the settlement.""The settlement was reached following strong legal advice given to the Association regarding the case against FIFA, and was a legitimate payment that enabled the Association to put €5m into the Aviva stadium project. This is fully reflected in our financial statements which are audited independently. The Association accepted FIFA's settlement offer to avoid a long, costly and protracted legal case. The offer given to the Association was fully written off by FIFA in 2014." "FIFA's settlement with the Association has at no time influenced the FAI's criticism of FIFA as demonstrated by our consistent criticisms of Sepp Blatter. Furthermore the settlement was made without any conditions other than confidentiality."

Troy Parrott highlights impress on Real Betis debut
Not a bad start! Real Betis manager Manuel Pellegrini said that Troy Parrott was ready to play, despite only arriving in Spain last week. But the wily boss new what he was talking about, with the the Ireland striker making a big impact after coming on with 20 minutes to go when his side were […]
Football
15h
Cristiano Ronaldo posts 3-word message after being subbed at half-time
The legend took to social media. Cristiano Ronaldo has posted on social media after being subbed at half-time by newly appointment coach Ange Postecoglou. Despite being a defensive midfielder, Abdullah Al-Khaibari replaced the legend Ronaldo, with the side 2-0 down at the interval. The reason was clear though, Al-Nassr were down to 10-men following the […]
Football
15h
Football
Reports from Spain say Troy Parrott rejected big Premier League move
Football