Dr. Meta Osborne:

To balance that, I, as another member of the remuneration committee, did have some concerns about the legalities and that is why I asked for the third legal opinion. There were two legal opinions received by Horse Racing Ireland, one in 2011 and the other this year. They both concurred that there were complexities in this area regarding the potential for a contract of indefinite duration. In any of these circumstances, one puts all the issues on the table and balances out what is in the best interest of the organisation. I concur with the chairman when I say that, on balance, and with the contractual difficulties notwithstanding, the fact that Mr. Brian Kavanagh was the best man for the job would have been the point that swayed us in his favour.