Struggling to respect €25m limit

Emergency savings were triggered by the Irish Greyhound Board after extreme financial pressure saw it struggle to respect a €25m borrowing limit.

Struggling to respect €25m limit

Board minutes reveal that the organisation has been at the cusp of its debt cap since early 2010, particularly at seasonal pinch points.

The situation exists despite its arrangements with AIB being on interest-only terms.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Revoiced

Newsletter

Sign up to the best reads of the week from irishexaminer.com selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited