Sunday 24 February 2019

John Horan: Páirc Uí Chaoimh bill of €110m would be 'unlucky'

GAA president hopes to bring clarity soon as there is a €24m gap in estimates

Páirc Uí Chaoimh. Photo: Matt Browne/Sportsfile
Páirc Uí Chaoimh. Photo: Matt Browne/Sportsfile
Colm Keys

Colm Keys

The GAA would be "unlucky" if the final bill for Páirc Uí Chaoimh's redevelopment comes in at €110m, Association president John Horan has suggested.

Horan is chairing the stadium's new board which met before Christmas to assess how much the redevelopment will finally cost.

Croke Park's stadium director Peter McKenna, whose team are now providing expertise in how to manage the debt and extract the most from the asset, suggested it could rise to €110m but Cork County Board chairwoman Tracey Kennedy told their annual convention that they were still factoring in a final total of around €86m, a €24m divide.

Horan said it was too early to speculate because of the "variables" involved, stressing the need for the work of directors Michael O'Flynn and Tom Gray, who have been charged with assessing costs, to be completed.

"I am not going to speculate on the two figures. I went in as chairman of the board of Páirc Uí Chaoimh in November. I am getting my head around all that is going on.

"The €110m figure, we might be able to row back off that somewhat. If everything was to go wrong for us, it would head up in that direction," he conceded. But we would be very unlucky for that to happen. There are issues to be resolved and when we resolve them, we will be able to firm it out," he said.

"There is no point in getting involved in speculation. There has been two sets of figures put out there and the two lads (Gray and O'Flynn) are looking at it to see can they bring clarity. But even when they come out with a figure, I still think there will be variables there that we will have to resolve."

Irish Independent

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