Cork GAA’s €23m Páirc Uí Chaoimh debt to be lessened by land sale

A 20-acre landbank on the northside of Cork city holds the key to paying off the €23m debt Cork GAA is left with following the redevelopment of Páirc Ui Chaoimh, writes Tony Leen.

The final bill for the redevelopment of the stadium in Cork will now run over €86m, Cork County Board chairman Ger Lane confirmed yesterday to the Irish Examiner. That’s more than €16m above the estimated cost when contractors were appointed to the project just over two years ago.