Viagogo stalls Limerick jobs boost over tout law
Ticket reseller Viagogo cannot proceed with an investment of up €20m to create 100 new jobs unless the Government changes parts of proposed ticket-touting legislation, it claims.
Viagogo CEO Cris Miller told the Sunday Independent that Ireland had become less "tech friendly" since the company established a base in Limerick five years ago.
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Miller fears his 250 Irish staff could be criminalised by a law proposed to ban the reselling of tickets for above face value. Miller said that although Viagogo's first preference is to immediately expand its Irish operation, the investment would not proceed until it can get written assurances about the extent of powers in the legislation.
"We are at full capacity in Limerick, so 100 jobs could be put in Ireland right now," said Miller.
But if the legislation proceeded in its current form Viagogo would have to consider if it could operate in Limerick at all, he said.
"The biggest concern is that we would need certainty and stability around our approach to making any further investments in Ireland," he said, adding
The company has to date received assurances from government officials but "nothing in writing", said Miller.
Sunday Indo Business