Thomond Park company sees loss of €1.5m despite 40% hike in revenues

REVENUES at the company that operates Limerick’s €40 million Thomond Park increased last year by 40% as the firm recorded a post-tax loss of €1.5 million.

The revamped stadium is the home of Munster Rugby and accounts just filed with the Companies Office by Thomond Park Stadium Co Ltd (TPSCL) show the company’s post-tax losses rose by 12% to €1.5m in the year to the end of last June.

This was in spite of TPSCL increasing revenues from €2m to €2.8m in its first full year of operation.