Mayo get €600,000 write-off from creditors

Mayo GAA chiefs have secured a deal with creditors to write-off over €600,000 they owe from the redevelopment of McHale Park.

Mayo County Board owed €1.615 million for outstanding costs relating to the €18 million redevelopment of the county grounds in Castlebar but secretary Kevin O’Toole confirmed an ‘arrangement’ had been reached with their primary creditors which will see them pay just €1 million to finalise the outstanding costs. The largest creditor was the main contractor for the redevelopment, Mountain View Securities, while substantial monies were also owed for architect fees and various legal costs.

The €1 million is being financed by ‘additional funds’ Mayo County Board have secured from Croke Park.