Oireachtas Joint and Select Committees
Thursday, 7 November 2013
Public Accounts Committee
Bord na gCon - Annual Accounts 2011
11:20 am
Derek Nolan (Galway West, Labour)
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Looking at it then from a return on investment point of view, which is what we are not doing, all of this debt on the group has been accumulated by a stadium that is now operating independent of the debt. Independent of the €12 million of debt in respect of its construction, it is still making a loss.