Oireachtas Joint and Select Committees

Thursday, 7 November 2013

Public Accounts Committee

Bord na gCon - Annual Accounts 2011

11:20 am

Photo of Derek NolanDerek Nolan (Galway West, Labour) | Oireachtas source

Looking at it then from a return on investment point of view, which is what we are not doing, all of this debt on the group has been accumulated by a stadium that is now operating independent of the debt. Independent of the €12 million of debt in respect of its construction, it is still making a loss.

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