I feel like he's the perfect symbol for celtic tiger Ireland and how we turned our backs on everything that made us good- a financially corrupt gombeen who left his wife, who was a teacher, to be with some fake blonde minger who's good from far but far from good.He was obviously moving cash around to avoid giving half to a woman half of 100,000 + half of 250,000 is a nice bit of cash but if he didnt have it she couldnt get her paws on it simple male economics. Many a rotten rich hisband has put his cash balance into loans etc to hold them till the ink is dry on the papers of divorce. Look at the recent case in london an arab got sharia law to stop his wife touching his huge yacht. Simple male economics now theres load of cash coming back to spend on a super plastic blonde with lovely white teeth - the mid life crisis choice for most males and a super car too . !!
Meanwhile Delaney was singing his employees paychecks after giving them a pay cut and having his rent paid for by lets face it his FAIDelaney loaned almost €250,000 to a property firm he partly owns, as the FAI was paying his rent.
Such an incredibly generous man....
And.......if there was a cash flow problem, and delaney wanted to ‘help’, couldn’t he have forefone his costs for two months, and recoup them later. That way, there wouldn’t have been any hue and cry, and his little secret could have been kept under wraps?Was the financial crisis that threatened the FAI due to the cost of John Delaney?
Basic salary €360,000 pa + employer PRSI 10.75%. rent allowance €36,000 pa. Expense Account ?????? His FAI pension scheme.
Company car ( + driver ?).
Probably not much change out of €500,000 each year.
Has the FAI never heard of cash flow statements? With a financial controller and accounts staff and Delaney himself is an accountant (though not clear if he passed the final exams of Chartered Accountants Ireland) you would think that cash flow statements would be used and updated regularly to avoid the situation that (allegedly) happened.
If Delaney's cost was the trigger for the crisis, this would explain why he took out his cheque book.
Incidentally, how many other 'accountants' keep 100k in their current accounts?
And.......if there was a cash flow problem, and delaney wanted to ‘help’, couldn’t he have forefone his costs for two months, and recoup them later. That way, there wouldn’t have been any hue and cry, and his little secret could have been kept under wraps?