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.

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

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.

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