Cycling Ireland finances feeling the burn
Irish sport has never been awash with cash so it says everything about the current crisis and the impact it has had that the CEO of a leading governing body can describe a half a million euro loss in income as the tip of an iceberg.
Cycling Ireland chief executive Matt McKerrow estimates that the body suffered a dip of 33% in membership fees this March when compared to the period 12 months before. That was only the beginning. The dip for April was 84%.
