Lack of funds take gloss off redevelopment

THIS morning, as leading GAA officials gather in Croke Park for the official opening of the redeveloped Canal End and Hogan Stands, they won’t need reminding the financial outlook is not quite so rosy — with current borrowings in the order of €70 million and no indication when the last phase can be tackled or how it can be paid for.

After the Government abandoned plans for the building of the National Stadium last September, they announced the balance of the grant committed to the association

€38m approx would not be paid over. Instead, a fresh application would have to be made.