Ms Geraldine O'Leary:

If we go back to the beginning on the Renault commercial arrangement, as I said previously I was advised about it when the deal had been struck as part of a contract and I was asked to represent it to Renault. The client was very clear from the beginning. They are a very loyal sponsor, they are our longest serving sponsor, and the client was very clear from the beginning that he was coming to the end of year two of a three-year contract. He said he was very happy to facilitate a way that he could have Ryan Tubridy to host events but he was very clear it had to be cost-neutral and those were his words. He was already well over half way through an existing contract and if we wanted it to happen, it would have to be cost-neutral. That was the conversation I had.