Greyhound body faces extra €1m payout bill

A collapsed gentleman’s agreement stands to cost the Irish Greyhound Board another €1m because it decided to compensate a development firm for an adverse planning decision.

This latest setback comes after it already forked out €2m on engineering work it thought it was having done for free and spent €1.17m licensing a car park it believed it was getting to use for a nominal sum.

The additional €925,000 agreement has only now emerged. This shows the IGB is obliged to buy the title to the 3.7-acre car park if the development firm asks it to at any point between now and 2038.