Derry City not happy with FAI financial package offer

The Brandywell men have also confirmed that next month's four team tournament involving the Candy Stripes, Dundalk, Shamrock Rovers and Bohemians is now cancelled.

The club - who also remarked that the 2020 season may return in August - confirmed further dialogue this week with the FAI will continue.

Also in their statement, which was released late on Sunday evening, the board wished to keep their supporters updated on their on going talks.

"The Derry City FC Board wish to keep their supporters acquainted with discussions that are presently happening between the FAI and the League of Ireland Clubs.

"Because the Irish Government has truncated the number and timings of the easing of Covid 19 lockdown, there is a likelihood that the League will restart in mid August.

"This would mean that the proposed four team tournament between those teams participating in European competitions would not proceed.

"The FAI has recognised the need to provide financial support to the Premier and First Division teams.

"This support is to compensate clubs for having to play games at designated stadiums and behind closed doors.

"The Derry City Board are not yet convinced that the proposed distribution is equitable.

"Derry City is one of only three clubs who have kept their staff and players on full salary.

"That effort and commitment has not been properly recognised in the proposed distribution of financial compensation.

"Negotiations will continue this coming week and the Derry Board will continue to be constructive and supportive in the difficult circumstances that have arisen because of the pandemic.

"Hopefully, those efforts will be properly recognised in the continuing negotiations.

"We will fully inform our supporters when negotiations have concluded."