Oireachtas Joint and Select Committees

Thursday, 10 November 2022

Public Accounts Committee

Greyhound Racing Ireland: Financial Statements 2021

9:30 am

Photo of Alan KellyAlan Kelly (Tipperary, Labour) | Oireachtas source

I welcome our guests. I think I am the only one here who was on the committee a few years ago when Bord na gCon, as it was then known, was in front of us. There were two meetings which we do not forget lightly. I am glad to see there have been some changes, with a new financial controller coming in a couple of years ago. I understand a new commercial director has been appointed and will be in place early next year. I regret that the CEO left, because I think things were beginning to change. The process to appoint someone is ongoing. I hope whoever is appointed has a lot of commercial sense and knowledge of the whole racing industry because it is specific knowledge.

I have questions regarding figures. In the 2021 report, prize money is given at €8.1 million. I want to get a sense of this. If the contribution from owners, sponsors and Sports Information Services, SIS, is subtracted, what is the prize money? Is it closer to €3.75 million or €4 million?

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