Munster Rugby not at any more of a financial disadvantage than other provinces

Munster’s repayments on the €11.7 million loan it received from the IRFU towards the €42m redevelopment of Thomond Park in 2008 no longer appears to be the millstone it has been perceived to be in some quarters, writes Simon Lewis.

Munster’s repayments on the €11.7 million loan it received from the IRFU towards the €42m redevelopment of Thomond Park in 2008 no longer appears to be the millstone it has been perceived to be in some quarters. Photo by Sam Barnes/Sportsfile

Munster Rugby is set to break more new ground this month as the ongoing Covid-19 restrictions mean the Branch’s Annual General Meeting goes online.

Usually held at the end of the season, once the trophies have all been won and as the province’s professional players take their well-earned breaks on sun-kissed beaches around the world, the AGM ushers in a new Branch President and lays out the financial state of play with the publishing of accounts for the year ending the previous June 30.