Mary Butler (Waterford, Fianna Fail)
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270. To ask the Minister for Agriculture, Food and the Marine when Bord na gCon secured finance to build Limerick greyhound stadium at Greenpark in 2010; the greyhound stadia here that were used as collateral; and if he will make a statement on the matter. [10835/17]

Michael Creed (Cork North West, Fine Gael)
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Bord na gCon is a commercial State body, established in 1958, under the Greyhound Industry Act, 1958, chiefly to control greyhound racing and to improve and develop the greyhound industry.

Bord na gCon has informed me that bank loans relating to the Limerick Stadium were agreed with Allied Irish Bank on June 24th 2009. These facilities involved granting security to Allied Irish Bank over assets held at Waterford, Limerick and Shelbourne Park in Dublin.

Mary Butler (Waterford, Fianna Fail)
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271. To ask the Minister for Agriculture, Food and the Marine his plans to reduce the €21 million debt currently owed by Bord na gCon; and if he will make a statement on the matter. [10836/17]

Michael Creed (Cork North West, Fine Gael)
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Bord na gCon is a commercial State body, established in 1958, under the Greyhound Industry Act, 1958, chiefly to control greyhound racing and to improve and develop the greyhound industry.

Bord na gCon has informed me the bank debt has been reduced by circa €2.0m between 2015 and 2016 and that they have recently entered negotiations with Allied Irish Bank to restructure the remaining loan facility.