The FAI says it is 'urgently' working to address concerns regarding a bridging loan made by former CEO John Delaney to the association.
Ireland's Euro 2020 qualifier against Georgia was interrupted on Tuesday night, when a section of fans threw tennis balls onto the pitch in a protest at the associations governance.
An FAI sub-committee has commissioned global auditing group Mazars to conduct an "independent and in-depth external review" following John Delaney's controversial move from the role of CEO to Executive Vice President.
It was announced last week that FAI Executive Vice President John Delaney will appear before an Oireachtas Sports Committee to answer questions about the €100,000 bridging loan he provided to the Association as well as other governance issues.
News of Delaney's meeting with the Oireachtas came after The Sunday Times revealed that the former chief had given the FAI a €100,000 bridging loan in April 2017.
The FAI board says it is committed to addressing the concerns and has commissioned an independent review of the organisation.
In a statement, the FAI said: "The Board of the Football Association of Ireland acknowledges the concerns expressed by members of the football family, supporters, commentators, politicians and the public around recent media stories concerning the Association.
"The Board is committed to fully addressing the issues of concern and is undertaking steps to do so.
"The Board of the FAI has established a sub-committee, from amongst its members, which is working closely with the Association’s external advisers and auditors to urgently address these matters.
"Global auditing and consulting group Mazars has been commissioned by the sub-committee to conduct an independent and in-depth external review of all matters. The Board has requested that this review be completed as soon as possible.
"The FAI is engaging fully with Sport Ireland and the Office of the Director of Corporate Enforcement in dealing with their particular inquiries.
"The Association will be appearing before the Oireachtas Joint Committee on Transport, Tourism and Sport and recognises and shares the desire for the matters to be addressed as soon as possible, with due regard to the different ongoing processes."
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