FAI officials to meet Cork City chairman
The FAI says it is monitoring developments at Cork City in the wake of yesterday's High Court order to wind up the company that runs the club.
The order has been frozen until Friday, giving the club a final opportunity to raise enough funds to reach a settlement with the Revenue Commissioners.
The club’s failure to settle a tax bill which, according to the Revenue Commissioners, now stands at just over €439,000, led to Ms Justice Mary Laffoy yesterday making a winding-up order for the holding company which runs Cork City.
FAI officials are due to meet the Cork City chairman Tom Coughlan in Dublin this morning to discuss the situation.
If more funding cannot be secured, the club could go out of existence.
