Oireachtas Joint and Select Committees

Thursday, 26 November 2015

Public Accounts Committee

Bord na gCon Financial Statements 2014

10:00 am

Mr. Phil Meaney:

If I was asked whether we have gone back formally, the answer is that I do not know. However, most of us are out racing on a regular basis and we meet people.

In the difficult times when people did not have disposable income, having the couple of dogs was no longer possible. They just did not have the income to support them. I also think we were forced to cut prize money for a number of reasons. That is what we are working on. Again we are meeting all stakeholders in the early part of December with a view to seeing exactly where we should spend the money to get those people back and to get new people through syndication, ownership and encouraging young people to go into training. It is very hard to pin down and say the reason people left the industry was X, Y or Z. There are myriad reasons people left the industry, the same as maybe left horseracing. There is a broad spectrum of reasons.