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UEFA float the idea of FAI sel...
Soccer

UEFA float the idea of FAI selling share in Aviva Stadium

Phil Egan
Phil Egan

09:10 3 Dec 2019

The FAI could be forced to consider selling its share of the Aviva Stadium in order to reduce the debts of the association.

It is believed that UEFA has discussed the prospect of the FAI selling off its biggest asset to help raise some much needed funds.

However, FAI officials are unlikely to go for those proposals and are under no pressure to do so.

UEFA has reviewed the FAI's finances and European football's governing body believes the FAI need to take drastic measures due to the uncertainty of the association's future.

FAI president Donal Conway believes it could be at least 10 years before the €29m Aviva Stadium debt is cleared.

Former chief executive John Delaney had previously claimed the debt would be gone by 2020.

The FAI is already receiving €15 million worth of advanced payments from various UEFA funds.

The FAI is set to reveal details of their accounts this week ahead of the deferred AGM, scheduled for December 28.

It had been hoped John Foley would be in place as interim CEO by then but he decided against taking the role at the last minute.

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Aviva Stadium Donal Conway FAI John Delaney UEFA

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