Oireachtas Joint and Select Committees

Thursday, 10 November 2022

Public Accounts Committee

Greyhound Racing Ireland: Financial Statements 2021

9:30 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

The Committee of Public Accounts is about value for money. As I said, a large proportion of the prize money in races is coming from the Exchequer in real terms. Does Mr. Nyhan believe looking forward that we can reduce the amount of money from the Exchequer going towards the provision of prize money? I understand that in order to keep the industry going, there has to be prize money. Does Mr. Nyhan believe that over the next five years, however, the funding from the Exchequer can be reduced and that the organisation or whole structure can become far more self-sufficient?

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