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Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Three years after that money was allocated, one out of 25 racecourses has CCTV installed. Would Mr. Kavanagh agree that that is a very poor outcome?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Okay. The IHRB is funded by HRI and it also regulates the HRI. HRI funds the IHRB but the IHRB regulates the body that funds it. Is that correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: It is the regulator for the industry which the HRI, a semi-State body, is responsible for overseeing. Is that not correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: When can we expect all 25 racecourses to have CCTV in stable yards?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Are we talking about six months or a year?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: This is a matter we may revisit in the future. I refer to the issue of the board and Mr. Kavanagh's position as CEO. Normally, CEOs serve seven years and Mr. Kavanagh has been in the position since 2001. Is that correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Is it good practice for him to have completed three terms? Will he be seeking a fourth term?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: From his point of view, will Mr. Kavanagh be seeking a fourth term?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I ask Mr. Kavanagh to confirm what the salary is for the position of CEO.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: That is a nice bit above what would be normal for the CEO of a semi-State organisation, the average being about €110,000. Is that correct? It is significantly above that.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: The Curragh development was touched on earlier. HRI supplied 49% of the funding but wound up with a one third share in it. The Turf Club, which was the owner of the Curragh racecourse, has one third and then there are the private investors. Does Mr. Kavanagh feel that amount of money is adequate from the point of view of having influence in the Curragh racecourse? HRI put in 49% of the...

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: On the budget, this was supposed to bring back a return for the State for its involvement in this. However, my understanding is that there will be a loss of in the region of €4.5 million. Is that correct?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: I pass it every day so I am familiar with it.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: On the visual aspects of the course, is there an issue with the roof of the stand?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: There has been a problem with it.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Will the HRI incur a cost from that?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: No. Sorry, the Deputy is going over time.

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: What is the total number of people employed by Horse Racing Ireland?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: Of those 247 full-time equivalents, how many are on a salary in excess of €25,000?

Public Accounts Committee: Horse Racing Ireland: Financial Statements 2019 (23 Feb 2021)

Brian Stanley: What percentage would be in excess or under?

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