Premier coffers in black as chairman reveals €50,000 profit
Published 11/12/2013 | 23:32
TIPPERARY County Board officials will reveal an estimated profit in excess of €50,000 at this evening's annual convention in Thurles.
With expenditure on inter-county teams slashed by €250,000 this year, Premier County top brass have arrested a worrying financial slide.
Tipp have not recorded a surplus since 2008 and over the last four years, losses have totalled over €650,000.
But County Board chairman Sean Nugent confirmed last night that treasurer Eamonn Buckley's financial report for 2013 is expected to reveal a healthy and encouraging profit, indicating that Tipperary will be in the black to the tune of over €50,000.
Gate receipts have soared by €140,000 following four years of downward trends.
The introduction of a €25 charge on all County Board match passes generated an additional €18,000 and over €100,000 was raised from other fundraising activities.
Contesting the Division 1 Allianz National Hurling league final against Kilkenny provided an extra €26,000 for Tipperary coffers.
And Nugent is pleased to confirm that "whatever measures we took didn't take from the preparation of our inter-county teams".
There are two elections down for decision this evening, with three men battling it out for two positions on Munster Council.
Former Tipperary County Board chairmen Barry O'Brien (Fr Sheehy's) and John Costigan (JK Brackens) are in the running, along with outgoing PJ Maher (Boherlahan-Dualla).
And there are two nominees for the assistant treasurer position, with Michael Power (Newcastle) and Catherine Gleeson (Kildangan) vying for the post vacated by John O'Donovan (Thurles Gaels).
Ger Ryan (Templederry Kenyons) has served five years as Public Relations officer and he will be replaced in the role by Andy Fogarty (Thurles Sarsfields).
Nugent, meanwhile, will take over from Costigan as Tipperary's representative on the GAA's Central Council, while continuing to serve as County Board chairman.
Elsewhere, waterford County Board officials will also reveal a massive improvement in their precarious financial situation at Monday's annual convention.
Waterford chiefs have been monitored by Croke Park after a €212,000 loss was reported for 2012.
A deficit of €18,000 was projected for 2013, but Waterford have managed to do even better than that, with officials indicating that a loss of only €2,000 will be confirmed.
Treasurer Joe Cleary explained: "Our gate receipts were up, team costs were down and fundraising was up a bit."