Croke Park transfers €15m to the GAA’s central council

THE Croke Park management company handed over €15 million to the Ard Chomhairle, the central council of the GAA last year, a €1.5m increase on 2007.

It also made a transfer to an asset replacement reserve of €3.2m for the future redevelopment of the stadium. The company reported a 41% increase in pre-tax profits to €5.1m for the year to the end of December 2008.

The accounts read: “The directors are pleased with the performance of the group and expect its activities to continue to reflect the healthy state of gaelic games, whilst also reflecting the underlying economic climate.”