Limerick GAA is celebrating a €5m Gaelic Grounds gift from JP McManus today.
It has emerged that he had also given a huge increase to his CBS Sexton Street scholarship scheme.
The legendary financial guru handed over a €5m bank draft to astonished County Board Officials during a brief meeting under the Mackey Stand after Sunday’s Munster final draw.
“We couldn’t even give him a cup of tea as he was rushing off to watch the Kilkenny and Galway hurling game on television,” said County Board Secretary, Jimmy Hartigan.
The gift has now reduced the Gaelic Grounds development debt from €7.5m to €2.5m.
Upgrading the facilities at the Ennis Road grounds had cost a total of €15m.
Close friend, and Limerick hurling great, Pat Hartigan revealed that JP has also given a further boost to the JP McManus Sexton Street CBS scholarships.
The top eight leaving cert students at JP's former school get a yearly 4,000 scholarship for the duration of third-level studies.
Pat, one of the scholarship trustees, revealed today: “From this September the scholarship will be increased to €4,500 for each student. This scholarship was introduced by JP in 1997 and it has been a tremendous boos for Sexton Street CBS and the students.”
Mayor Michael Hourigan today led the big Limerick ‘Thank you, JP’ for his gift to the Gaelic Grounds fund.
Mayor Hourigan said: “It is typical of the man. His contributions to sport and health facilities in Limerick is greatly appreciated. This is a magnificent gesture to the GAA and will take a huge financial burden off the County Board.”