‘Red lights flashing’ for Cork County Board’s finances

Cork County Board chairman Ger Lane told yesterday’s Cork GAA convention that the “red lights were flashing” in terms of the board’s finances.

Lane told delegates that investment bonds which had now been cashed in by the board had “shielded the board for the last few years”.

The chairman commended the county secretary and treasurer on looking after those investments in terms of the “serious return” they had made, but added that those funds are now no longer there.