Mr. Ronan Corrigan:

We believe from what we are told in their letters of resignation that they had concerns about governance issues. They had concerns relating to the manner in which Horse Sport Ireland was being run. They had financial concerns and concerns that they were not being briefed on all that was going in within Horse Sport Ireland. As we have been told, they had numerous votes on various matters relating to the retainment of executives or executives' contracts with regard to staffing issues within Horse Sport Ireland. Again, financial accountability and budgets seemed to be to the fore in what they were saying. Our understanding is that was the basis of their decision to resign.