The revised cost of Páirc Uí Chaoimh’s reconstruction has been estimated at €95.8million, which includes required work on the playing surface.
As it was also confirmed all of Cork’s remaining Allianz League fixtures will be moved to Páirc Uí Rinn, the figure is almost €10m more than had been expected by the Cork County Board and €14.2m less than the worst case scenario set out by GAA stadium and commercial director Peter McKenna in The Irish Examiner in December.
The joint-statement from the Cork County Board and the Páirc Uí Chaoimh Board explained two of the latter board’s members Michael O’Flynn and Tom Gray were asked to examine the figures presented in Cork’s audited accounts from last year and those put forward by McKenna.
It continued: “The completion of a report into the cost of the Páirc Uí Chaoimh stadium redevelopment has returned an estimated cost of €95.8m. This report was based on all information made available to the two board members and was presented to the stadium board this afternoon.
“In completing the report, Tom Gray and Michael O’Flynn have examined extensive documentation relevant to the redevelopment and have consulted extensively with all stakeholders on all relevant matters.
“A final decision on whether to undertake a full pitch replacement or other remediation work on the Páirc Uí Chaoimh pitch will be taken by the stadium board in the immediate future.
“The Board will be making no further comment on these matters.”