€1.4m surplus for Cork board thanks to Páirc Boss

Bruce Springsteen’s concert in Páirc Uí Chaoimh in July helped Cork County Board show a surplus of approximately €1.4m in their annual accounts.

The figures, which will be presented to members at Saturday night’s annual convention, show an overall surplus of €1,374,881, compared with €384,653 for 2012.

While the figures show a deficit of €228,884, the surplus from the ground’s revenue account more than makes up for the shortfall. The Springsteen gig is included in this, while income from investments is also included. Though the level of bonds held by the board decreased in 2013, this was primarily because funds were instead deposited with the GAA’s headquarters, which was able to provide a better return than bonds.