Rossies hit by 25% loss of income

ROSCOMMON GAA suffered a massive loss of 25% — over €500,000 — in its income during 2009 as the recession hit hard.

Delegates at their annual convention were told that a profit of €176,251 in 2008 was wiped out this year and a loss of €50,811 was recorded.

County Board chairman Michael McGuire said the loss would have been greater were it not for the fact that expenditure during the year was reduced to from €1,868,251 to €1,580,845. Income of €2,045,003 in 2008 dropped to €1,530,034 this year.