Christmas has come early for Derry City Football Club

Aerial view of the Brandywell Sports Stadium.
Aerial view of the Brandywell Sports Stadium.

Derry City will receive €38,970 from UEFA through the Financial Fair Play system.

The cash will come as a welcome boost to the club, as manager Kenny Shiels prepares for next season.

The system was introduced by UEFA in September 2009 with six main objectives, including the viability of European club football. Clubs who breached the rules were fined, and that money will now be shared amongst clubs such as Derry City as part of UEFA’s Financial Fair Play Payments Redistribution system.

The Brandywell side qualify for the reward as they managed to make it through to the UEFA Europa League Second Qualifying Round for the 2014/15 season.

Derry are one of four Irish clubs to receive the money, alongside Sligo Rovers, St Patrick’s Athletic, and this year’s domestic champions, Dundalk.

A statement on the SSE Airtricity League website said, “This is a redistribution of monies withheld from other clubs who competed in European competition in the 2014/15 season and breached the Financial Fair Play rules.”