Mr. Barry O?Connor:

We discussed this earlier today before we came in. We are talking about refurbishing places that are there at the moment. One might ask why we have not done that already from an economic point of view. Horse Sport Ireland was set up some ten or 12 years ago with a promise of funding and then along came the big crash and there was no funding available and so on. A lot of people moved out of the industry to get jobs abroad. We missed a step but it is a chicken and egg situation and we have to get in front of it. I would refurbish a lot of the places that are there and maybe do some new buildings. The people we have identified have a track record of running an equestrian centre through the recession and these are the types of people one needs to carry it on for another ten or 20 years.