Cork GAA says €33m Páirc Uí Chaoimh debt is 'not frightening'

Looking at nee revenue streams including naming rights for Páirc Uí Chaoimh, a museum and cafe in the stadium, improved conference facilities and increased concerts

Eoin Downey, Captain Cork Minor Hurling, Tracey Kennedy, Cork GAA Chairperson, Eoghan Nash, Captain Cork Minor Football and Kevin O’Donovan, CEO/Secretary Cork GAA in Páirc Uí Chaoimh at the launch of One Cork. Picture Darragh Kane

The outstanding €33m debt attached to Cork's Páirc Uí Chaoimh stadium is not "frightening" and should be viewed in the long term akin to a mortgage on a house, Cork GAA has said.

The organisation has embarked on an ambitious new programme of investment and commercial activity that it expects will realise over €20 million in revenue over the next five years.