IGB told sell Harold’s Cross and cut prizes

The financially troubled Irish Greyhound Board has been told to sell off assets including the Harold’s Cross track and transform its performance if it is to survive.

The company, which is €22m in debt, will also have to cut prize money and reduce the number of races at loss-making tracks and address “significant regulatory deficiencies”.

This is according to a comprehensive review of the industry prepared for the minister for agriculture following two years of controversy surrounding the semi-state company’s finances.