The Irish suffered a 5-4 defeat on penalties - with the scores tied at 1-1 after 90 minutes - after Corcoran received a second yellow card for rushing off his line as he made an impressive save to keep out Holland's decisive fifth penalty.
The Chelsea forward made no mistake with his second attempt and sent McEntee the wrong way while also sending the Netherlands into the semi-finals, where they will face host nation England on Thursday.
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One of the most highly controversial moments in Irish football occurred when a shockingly freakish refereeing decision ordered a Dutch penalty to be retaken, sent off the Irish keeper, and put an end to the Boys In Green's European championships in one fell swoop.
Sadly, horrendous refereeing decision aside, it was Idah's penalty miss that would ultimately prove the difference in the shootout.
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"I think he said something that he might have come off his line earlier and he warned the Dutch goalkeeper in two of the penalties as well", O'Brien told Tony O'Donoghue.
FORMER Celtic manager Martin O'Neill was left furious after the Republic of Ireland Under-17s were knocked out of the European Championships in weird circumstances. He fell to the ground, put his head into his shirt and laid on the floor until captain Nathan Collins came to console him. Raging for the lads. "When he saved it I was buzzing but then, you know, it's the ref's decision, wasn't it?" "It's his decision, nothing we can do about it".
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The camera then panned to the distraught Irish players on the touchline, while senior manager Martin O'Neill then sprinted on the pitch in order to fire a volley of abuse in the referee's ear.