Tipperary GAA’s financial situation “doesn’t make for pretty reading this year,” that’s according to outgoing chairman Mr Barry O’Brien, when he announced a deficit of €220,000, at Tipperary’s annual convention in Thurles last night..
A figure of €1,171,876 was spent on preparing inter-county teams in 2011, marking the fourth successive year in a row that the county had exceeded the €1m mark. This figure showed a reduction of €61,516, compared to the 2010 figure of €1,233,392, which was an all-time high.
This is now the second year in a row that a financial overrun has been incurred, despite cutting expenditure this year by 13%. This year the county’s incomes dropped across the board, with total gate receipts from local games down by almost 18%, from over €323,000 in 2010 to €263,605 in 2011, and coaching income dropped by €90,000 during the same period.
Mr Sean Nugent, the incoming new Board Chairman, admitted he now faced a difficult task during his term of office. However Mr Nugent stated, “The financial report to convention will cause concern to all present and a major challenge lies ahead to rectify this problem. Our income is decreasing and our costs are rising and we need to reverse that trend. While I am very concerned, I am not in anyway daunted by this challenge ahead and I believe we have the will, the capacity and the public support to turn the tide.”
Officials have warned that further major cuts are now necessary with income decreasing and costs rising. Ideas must now be examined on how to increase commercial income and generate further fundraising activities.
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