Dr. Seán Brady:

When I joined the organisation, we looked at what kind of commercial state the organisation was in. My role as defined by the board was to act in the best long-term interests of the industry. Debt was a massive burden. It was like a dark shadow over the organisation. I know Deputy Burke spoke about farmers selling bits of land. I come from the country and am familiar with that but the reality was that apart from Shelbourne Park, the only asset that Bord na gCon could turn into significant money to alleviate its banking problem was the sale of Harold's Cross.