Sport Gaelic Football

Thursday 21 September 2017

Small surplus sees Meath finances back on track

Joe Sheridan has been told by Meath boss Mick O’Dowd that he will not be part of the Meath set-up for the 2014 league campaign.
Joe Sheridan has been told by Meath boss Mick O’Dowd that he will not be part of the Meath set-up for the 2014 league campaign.
Colm Keys

Colm Keys

MEATH GAA has turned its finances around quite dramatically in just 12 months with a swing of almost €200,000 putting the County Board back into profit again.

A perilous situation loomed last December when the annual convention heard how an annual deficit of €180,801 had been run up.

Meath had enjoyed a healthy surplus in each of the four previous years, but the alarming dip on the back of falling gate receipts and a spike in the upkeep and maintenance of grounds prompted the Board's auditor Oliver Cassells to warn of a "serious wake-up call."

That call has been taken on board as the deficit has turned into a €16,676 profit.

New treasurer Brendan Dempsey will report to convention on Monday night next that income of €1,215,517 outstrips expenditure of €1,198,841.

The biggest improvement has come in the gate receipts taken.

For many of the club championship games in 2013 just €5 entrance was charged and this policy clearly worked with a jump from €246,872 in 2012 to €381,240 in 2013. Gate receipts had dropped €90,000 in 2012.

There was also an improvement in commercial income, with some €267,147 taken in. Sponsorship of the county teams rose from €110,000 to €137,500.

The running of county teams also took a significant dip on the balance sheet, down €54,183 from €484,614 in 2012 to €430,431.

The other significant saving was in upkeep and maintenance of grounds, primarily Pairc Tailteann and the centre of excellence at Dunganny, which was scaled down from €324,323 in 2012 to €230,930 in 2013.

Meath failed to appoint a treasurer at last year's convention with Dempsey only assuming the role at the adjourned convention in January.

Irish Independent

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