The FAI have today confirmed that outgoing chief executive, John Delaney, will receive a substantial pay reduction in his new role as FAI executive vice-president.
In his role as chief executive, Delaney was paid €360,000 per year. This was once as high as €450,000, but the FAI have today confirmed that he is set for a reduced salary.
Delaney has been the topic of much debate all week long after The Sunday Times revealed last week that he had paid the FAI a €100,000 ‘bridging loan’ to help cover a short-term cash flow problem. The same paper today reported that Delaney has been living in houses rented by the FAI for much of the last decade.
The much-maligned Delaney made more headlines last night when it was reported shortly before Ireland’s 1-0 win over Gibraltar that he was set to stand down as FAI chief executive.
However, it turned out that he was stepping into the newly formed role of executive vice-president and will now work in collaboration with a new CEO who is expected to be appointed soon.
The FAI have also confirmed that Delaney will still be in attendance when they appear before the Oireachtas Committee on Sport. Questions had been raised around Delaney’s attendance following his decision to step down from the FAI’s top job, however, the FAI have moved to confirm that he will indeed be in attendance next month.
“As was stated last week, John Delaney will be part of the delegation that meets with the Oireachtas Committee on Sport next month,” said an FAI spokesman.
“That meeting is currently scheduled for April 10th and the FAI has written to the committee offering to bring the meeting forward to April 3rd.
“As regards John Delaney’s salary in his new role as Executive Vice-President, the FAI can confirm that the salary is substantially less than the salary he previously received as CEO.”
The search for Delaney’s successor will begin on Monday with interviews expected to take place in May, followed by an official announcement at the FAI’s AGM in July.