Monday 22 January 2018

GAA club in cash crisis over lack of sponsorship

John O'Mahony

A LEADING GAA club has confirmed it has a "very serious" financial crisis which is rapidly reaching a stage where any cheques written will not be honoured.

Former All-Ireland club champions Castleisland Desmonds have issued a public appeal for support and the club is to ask emigrants for help.

In a letter circulated to members this week, the Kerry club's financial committee confirmed the extent of the worrying financial plight, which is due to a lack of sponsorship and a dramatic slump in fundraising income.

"We have facilities with the bank to a maximum limit of €80,000. We can spend another €2,500 before that limit is reached and we can't write cheques after that," a spokesman said. "The club's financial position is very serious."

Irish Independent

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