Latest: The Government has denied bailing out the Football Association of Ireland after announcing it is to give the organisation an interest-free €2.5m annual loan. “All of these measures, taken together, will ensure that Irish football has a secure future. "There will be no programmes of compulsory redundancies.”Deputy chief executive of the FAI Niall Quinn said Irish football can “thrive” once again following the new funding. The Board of the FAI welcomes today’s announcement by Sport Minister Shane Ross on a joint plan to safeguard the future of Irish football. "It has been a difficult journey to get to this place, where we can finally heave a sigh of relief knowing that Irish football has a secure future. "

Source: Irish Examiner January 30, 2020 14:32 UTC