Oireachtas Joint and Select Committees

Friday, 18 September 2020

Special Committee on Covid-19 Response

Covid-19: Impact on Team Sport in Ireland

Mr. Philip Browne:

The Deputy's assessment of the figures is correct. The €30 million loss is up to the end of 2020. The assumption behind it is that we will continue playing behind closed doors. The €32 million figure relates to the sale of over 5,000 premium seats and we managed to get those away in March-April. There was a balancing set of payments to be made by those who had purchased those seats but obviously we cannot pursue those payments, worth €32 million, until such time as we get spectators back into the grounds. That is a cash loss that we would have anticipated having and then the €5 million cash burn is the combined cash burn across the four provinces in the IRFU. It is largely around the professional game. It is important for us to try to keep the professional game up and running because it is the generator. It basically generates the revenues for the rest of the sport.

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