Credit crunch hits hard in Waterford

THE gravity of the overall financial situation in Waterford was starkly spelled out by the Western Board divisional chairman, Eddie Cunningham, in his address to the board’s annual GAA convention in Dungarvan last night.

The Tallow clubman warned unless they have adequate funding in place for the coming year, they won’t be able to compete on a level playing field with rival counties.

Cunningham, whose own board has already given a €15,000 grant to county board, insisted he was not using scare tactics. “The county board is facing very difficult financial times, and very tough decisions will have to be made,” said Cunningham.