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 know what Mr. Tuohey is saying and respect that. I am trying to get to how much from the horse and greyhound racing fund, which contributes to the organisation, is used for paying prize money versus running the organisation. By my calculation, while one can argue the toss over a couple of those contributions, that fund, which was set up to deliver prize money, was used for approximately a 70:30 split between running the organisation and the prize fund over a few years. Horse Racing Ireland is the only organisation to compare this with. It spends approximately 65% on prize money. The organisation is taking up a vast amount of the fund. Is that fair to say?

Comments

No comments

Log in or join to post a public comment.