rights, up 272% on the £39 million received for the previous four-year period. However, during 2008–09 Setanta UK went into administration, which weakened the FA's cashflow position. Turnover for the year ending 31 July 2016 was £370 million on which it made a profit after tax of £7 million. It has also made an investment of £125 million back into every level of Football in 2016. In July 2015 the FA announced plans to carry out a significant organisational restructure, in order to deliver considerable cost savings to invest in elite England teams, facilities and grassroots coaching. The FA's income does not include the turnover of English football clubs, which are independent businesses. As well as running its own operations the FA chooses five charities each year to which it gives financial support. In three years up to 2014, the FA received £350,000 in fines from players over comments made on Twitter. The highest fine imposed was a £90,000 fine to Ashley Cole in 2012 after calling the FA "a bunch of twats." The FA became stricter on comments made by players on Twitter, disciplining 121 players in three years. Principals The FA has a figurehead President, who since 1939 has always been a member of the British royal family. The Chairman of the FA has overall responsibility for policy. Traditionally this person rose through the ranks of the FA's committee structure (e.g. by holding posts such as the chairmanship of a county football association). In 2008 politician David Triesman was appointed as the FA's first "independent chairman", the first from outside the football hierarchy. The day-to-day head of the FA was known as the Secretary until 1989, when the job title was changed to Chief Executive. Board of directors Taken from The FA's website on 9 January 2022 Chairwoman: Debbie Hewitt MBE Chief Executive: Mark Bullingham National Game representatives: Sue Hough MBE Jack Pearce Thura Win JP Professional Game representatives: Peter McCormick OBE Rick Parry Rupinder Bains Independent Non-Executive directors: Kate Tinsley Tim Score Board observers: Paul Elliott CBE David Gill CBE Notes and references Notes References External links FIFA profile UEFA profile 1863 establishments in England Futsal in England Sports organizations established in 1863 Sports governing bodies in England England Wembley Stadium and Wembley Arena Women's sports governing bodies in England Sports leagues established in 1863 Organisations based in London