Oireachtas Joint and Select Committees
Thursday, 10 November 2022
Public Accounts Committee
Greyhound Racing Ireland: Financial Statements 2021
9:30 am
Mr. John Tuohey:
There are a number of elements to the Clonmel debt. In order to create a solid repayment schedule, there is an agreement relating to a telecoms mast that is in the greyhound stadium. The income from the mast was originally going to the Davis Road Greyhound Stadium company. That was legally reassigned to RCÉ. The income from that is €18,000 per annum. Over a ten-year period, that was to take care of €180,000 of the debt. It was ring-fenced as part of an overall agreement.
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