The FAI has announced a deal to reduce its debt by €10million and confirmed that businessman Denis O'Brien will continue to contribute to the salaries of the Republic of Ireland management team.
The refinancing of debt has secured "an overall reduction by €10m and significantly reduced financing costs".
The FAI's debt now stands at €35million, half the figure from seven years ago, as it continues to pay off loans associated with the construction of the Aviva Stadium.
Meanwhile, O'Brien, who played a key "advisory" role in the refinancing agreement with Bank of Ireland, is to continue paying part of the salaries of Ireland manager Martin O'Neill and assistant Roy Keane after both men agreed new deals to remain until the 2018 World Cup.
An FAI statement read: "The Football Association of Ireland is pleased to announce that it has reached the successful conclusion of a debt refinance programme, leading to an overall reduction by €10m and significantly reduced financing costs.
"The refinance agreement was completed with Bank of Ireland today, and reduces the Association’s bank debt from €45m to €35m, and marks another significant step in the debt reduction programme, related to the construction of the Aviva Stadium."
FAI chief executive John Delaney said: “The Board of the FAI and I would like to pay tribute and thanks to Denis O’Brien and his advisory support through Island Capital Ltd to achieve this positive outcome for Irish football.
“Denis has been a great supporter of the FAI for many years, and will continue to contribute to the salaries of our senior management team with the Republic of Ireland squad for the 2018 FIFA World Cup campaign."
