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Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: That is okay. I accept that. If I could dwell on the FAI for a moment, it made a recent submission on funding from the horse and greyhound racing fund. What level of engagement does the Department have with the FAI in regard to its submission for funding from that fund?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: It made a submission on it.

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: To follow on with the FAI, as I understand it, there was a loss in 2019 of €5.1 million. Is Mr. Ó Lionáin aware of whether there were losses in each of the subsequent years and in the past three years as well? Was there an operational loss?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: The question is whether there were losses over the past three years.

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: If the funding from the Government was removed incrementally, would the FAI have been running at a loss for the past three years?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: As the assistant secretary in that section, is Mr. Ó Lionáin concerned about the losses?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: I refer to the overall sustainability of the operation.

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: What about the remaining 50 or 60 measures?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: What is the total?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: So 152 measures have been implemented.

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: Liabilities increased from around €58 million in 2019 to €70 million. Where do the liabilities stand now?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: What figure does the Department have?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: So it is going in the right direction.

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: Is the Department actively talking to Sport Ireland and the FAI to ensure further measures are being put in place to try to reduce the liability? Is that active work by the Department?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: I wish to focus on governance at the FAI. There have been reports of issues arising. It is widely accepted that things were not as they should have been. That is being charitable. Is the Department satisfied with the current governance arrangements in the FAI?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: I will turn to the debt on the Aviva Stadium, which is in the region of €28 million or €29 million. Is that correct?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: Is Mr. Ó Lionáin concerned about that level of debt on the stadium?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: Does Mr. Ó Lionáin feel it is sustainable?

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: I will refer to what some call the bailout the FAI got, the €30 million rescue package. As I understand it, there was €30 million in loans and €20 million in non-refundable grants. Debts were restructured as well to stop the FAI from going into liquidation. Will Mr. Ó Lionáin outline to me the details of this package? Has the FAI started to pay back any of...

Public Accounts Committee: Appropriation Accounts 2021
Vote 33 - Tourism, Culture, Arts, Gaeltacht, Sport and Media
2021 Report of the Comptroller and Auditor General
Chapter 4: Re-allocation of Voted Funding
(22 Jun 2023)

Brian Stanley: Is it correct that it is €30 million?

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