Results 6,141-6,160 of 11,413 for speaker:Matt Carthy
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: I have seen estimates that suggest the next package could be worth over €30 million. Is that possible?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Let me put it this way to give Ms Eade a good opportunity. Does she believe HRI would be deserving of €30 million plus in its position?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: I would expect her to put a figure of €100 million on it to try to get as much as possible. I will move on. A number of racecourses have raised the issue of how the fixture charge applies. A charge per fixture rather than a percentage charge now applies under these arrangements. I ask the HRI to explain the position in relation to the charge.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: HRI gets a payment for each race meet that is broadcast.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: I think that figure is approximately €14,500 per event. Is that correct?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: It is not that sensitive because I have it here in front of me.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Okay. Is the payment the same for every event?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Regardless of how much the package might be worth, each racecourse pays the same amount per event or it loses that from what it would have otherwise received.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Regardless of whether this was paid or not, Mr. Morris is suggesting the racecourses would be receiving the same amount.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Does Mr. Morris see any mechanism or possibility for the current arrangements to be amended in order to provide a fillip or additional support to some smaller racecourses to ensure their viability and perhaps even to raise their profile?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: I have two very brief questions. In respect of that issue, could Ms Eade indicate whether, regardless of the overall figure, HRI intends to look at it or perhaps to have an independent review carried out on the allocation of money for media rights?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: It could be an independent review. Has HRI tendered for somebody to do it?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: This is my final question. Mention was made of the funding that is allocated to racecourses for capital projects. How much was it worth last year, for example?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Is that across all racecourses?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Are all four of the HRI-owned racecourses included?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: How will that work with the grant in terms of the co-financing? Is there a minimum amount that racecourses have to put forward in order to receive anything back, and if so, how much is that?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: So 60% matching funding is required. Does Mr. Morris see how there might be a difficulty for smaller racecourses that might need additional funding in order to expand, but they are unable to do that because of the stipulation on co-financing?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: It is. Yes, that is the point I am making. I asked Mr. Morris if he considers that it could be a problem for smaller racecourses to come up with the 60% required?
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Thank you, Chairman.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Strategic Priorities for Horse Racing Ireland: Discussion (15 Jun 2022)
Matt Carthy: Not for the first time.