Greyhound Board rapped over €21m cost

The State’s spending watchdog has said that the Irish Greyhound Board should have recognised that the development of a new stadium in Limerick that cost €21m might adversely affect its financial position.

Comptroller and Auditor General Seamus McCarthy made his critical comments as chairman of the Irish Greyhound Board, Phil Meaney, addressed concerns yesterday that the project’s costs were not sufficiently assessed.

Appearing before the Oireachtas Public Accounts Committee, Mr Meaney admitted that the project had damaged staff morale and affected its relationships with stakeholders going forward.