Wednesday 17 January 2018

Club Kildare future in doubt as crunch meeting looms over fundraising

Kieran McGeeney
Kieran McGeeney
Colm Keys

Colm Keys

The fundraising arm of Kildare GAA has called an extraordinary general meeting for next week amid growing concerns over the county's ability to generate finance.

There are fears that Club Kildare – which became a sub-committee of the county board after last year's negotiations with Croke Park to broker an extensive loan that allowed the board to pay off creditors – may break up in its current format when it convenes for its extraordinary meeting this day week.

Club Kildare, which is chaired by former Kildare footballer Pat Mangan, has about 250 members and was responsible for generating over €100,000 through membership, a draw and a golf classic, according to their own accounts in the convention booklet.

But Mangan was known to be unhappy at the removal of senior team manager Kieran McGeeney last September and the denial of a county board vote to his committee.

County secretary Kathleen O'Neill sounded a cautious note in her report to convention about the capacity to fundraise with the €100,000-per-year target set out at the March county board meeting missed.

Whatever about Kildare's ability raise finance, their day-to-day management of it has improved with a profit showing on the annual accounts for the second successive year after five years of returning deficits.

Income exceeded expenditure by €177,836, up from €28,861 at the end of 2012.

"We have over €100,000 cash in the bank and we have managed to stabilise our situation even further," said treasurer Martin Whyte.

Whyte is confident that Kildare can continue to meet repayments on the Hawkfield development and successfully pay off what is owed to Croke Park over the next five years.

Irish Independent

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