Keegan is recorded by the FAI to have been paid some €95,000 by the association between 2012 and 2014. An American firm Kohlberg Kravis Roberts (KKR) took over the debt at the end of 2013. Delaney, though, is understood to have sought board approval for a substantial bonus from the association’s board for his part in securing the saving offered by the original KKR. Then FAI director of finance Tony Dignam says that they were approved by Delaney and “a number of senior members of the board”. He suggested that Michael Cody was a key figure when it came to the consideration of sensitive financial matters.

Source: The Irish Times September 13, 2020 16:30 UTC