Shane Cassells (Meath West, Fianna Fail) | Oireachtas source

On the point raised by Deputy Kelly, the sale of the asset in Harold's Cross had stabilised the position with regard to the contingent liability but, when one looks at future years and the current trends in both revenue derived from attendances and revenue from commercial streams, the same liability will build up again very quickly. The subvention required from the Horse and Greyhound Fund will have to increase if that accumulation of liability is to be staved off again. The CEO's promise to provide the report was an indication that Bord na gCon was going to change tack and become commercially viable. The point made is relevant in that the board was not washing its face with regard to revenue streams from attendees or commercial revenue. The bar and restaurant were the only things coming in on the right side of the ledger. That is an important point to consider before looking at the subvention, which is substantial, for next year or the year after.