Louth in the black again as finances back on track

LOUTH GAA has reported a profit for the second successive year to cap an amazing turnaround in the county’s finances.

In early 2009, former treasurer Aidan Halpin warned the county was facing financial ruin but the last two financial reports have shown encouraging profits.

Halpin was faced with an alarming deficit in 2007, when he took over as treasurer, as Louth reported a massive deficit of €119,000. But two years later, Halpin was happy to announce a €20,000 surplus.