Blow for HSI as ISC cut funding 7%

HORSE Sport Ireland (HSI) has suffered a 7% cut in its high performance funding from the Irish Sports Council as a result of the failure to qualify a show jumping team for the Olympics.

The ISC allocation of €500,000 for 2012 is down from €540,000 this year and €600,000 in 2010.

It comes alongside a cut of 5% in Department of Agriculture support, down from €1,285,000 to €1,220,000 in 2012.