Joe Costello (Dublin Central, Labour) | Oireachtas source

Or it may not happen at all. It will depend on a large number of circumstances. Rezoning is quite a delicate business and applications for rezoning are often rejected for a wide variety of reasons, particularly in an area that is already built up. There is no guarantee. If Bord na gCon does not get it rezoned, of course, the value it expects from the site is hugely diminished, because it is of no value unless it is rezoned for the purpose it seeks. It is those matters that need to be teased out carefully, and then we can consider whether it is desirable that a profitable race track should be disposed of, whether the new unit in Dublin is the way forward, whether the same racegoers who went to Harold's Cross will now go to Shelbourne Park - as it is a different clientele that goes to the two race courses - and whether what has been successful to date might be best to build on.

These aspects are very relevant to the sustainability of Bord na gCon and its future activities. We need to see the business plan that Bord na gCon is considering to reduce the significant overhang of debt, which has more than doubled in the past five or six years, and for the disposal of assets, which includes, I presume, the Market Field in Limerick, which was the original track. I ask for a commitment that the business plan will be forwarded to the committee once it has been finalised.