Racing Uncertainty

IN May 2012, it emerged that the Irish Greyhound Board was facing a serious debt crisis following the botched construction of its new flagship stadium on the outskirts of Limerick.

The company responded with an advert in race cards to reassure punters the Limerick development had been a success and it had “significant capacity to meet all of its financial obligations to the satisfaction of banking partners and the State-run Comptroller and Auditor General’s office.”

It said it was in such rude health it had €2.6m to spend on additional building projects.