Minister Shane Ross expects the FAI to appoint new independent directors to their board this week as they continue to negotiate a potential bailout.

A spokesperson for the Department of Transport, Tourism and Sport told RTÉ that "Minister Ross would expect appointments to be made before the end of the week".

UEFA, who have given financial assistance to the FAI, have been receptive to a financial deal which would keep Ireland's governing soccer body trading for the immediate future.

The appointment of four outside directors was recommended by the Governance Review Group last summer and their installation is seen as the first step towards a government bailout of the stricken FAI.

The FAI has current liabilities of €62m and made a loss of €8.9m in 2018. The organisation believes that 2019 will also see a loss of up to €4m recorded.

Executive Lead of the FAI, Paul Cooke had previously warned that failure to secure €18million in immediate funding could mean that the FAI would be unable to pay the wages of their 210 staff members and he had also raised the spectre of liquidation.

Liquidation could mean that the FAI would lose their membership of UEFA.

Even if a bailout is negotiated, job losses are still expected at soccer’s governing body and there are no funds ear-marked in the short term to support League of Ireland clubs.