IGB confirm the closure of Harold's Cross Greyhound Stadium
Harold’s Cross Greyhound Stadium has been closed by the Irish Greyhound Board (IGB) with immediate effect.
The IGB will now concentrate Dublin racing activities at Shelbourne Park.
All 12 staff at Harold's Cross will be redeployed across the IGB.
The IGB have made the decision to sell Harold's Cross because of the struggle they have had with the legacy debt burden (net group debt is €20.3 million) that has existed since the Limerick Stadium project, which cost €21 million on completion in 2011.
IGB has taken the decision to bring forward the closure of the stadium and its sale.
Dr Sean Brady Interim CEO IGB expressed “regret that this unavoidable action has to be implemented at this time but the sale of Harold’s Cross is absolutely essential in order to address the enormous debt IGB faces.
"However, it is necessary to preserve the greyhound industry and begin a process of recovery. This will see change and an improvement in how IGB operates and performs which will become more evident in the years ahead.
"We are committed to making Shelbourne Park perform excellently for all Trainers, Owners, Patrons and Staff, especially for those for whom Harold's Cross was their greyhound home.
"This will be challenging for all of us but there is a need for all stakeholders to leave aside disagreement and work together through a process of change and opportunity from which improved performance can be extracted."