Fewer Munster matches see profits take a dive at Thomond Park firm

Operating profits at the firm that runs Thomond Park stadium last year reduced by 20% to €284,000 due to a reduced number of Munster matches at the stadium.

The reduced number of matches also contributed to revenues declining by 7% from €2.15m to €1.99m in the 12 months to the end of June 30 last.

The operating profits recorded represent a drop of 53.5% on the €612,000 operating profits recorded in 2011 when revenues topped €2.65m.