Annual expenditure on Mayo’s various inter-county teams will never again drop below €1m, treasurer Kevin O’Toole has warned.
Mayo’s spending officially crashed through the €1m barrier for the first time in 2016 — almost doubling in fact from 2015 figures.
Mayo have reported team administration expenses of €1,632,488 — up from €880,316 last year.
But O’Toole pointed out that an estimated figure of €159,000 was carried over from last year, relating to invoices that hadn’t come in by the time the 2015 accounts were being finalised. O’Toole also explained that spending this year increased naturally as the Mayo senior footballers were involved in an All-Ireland final and subsequent replay, while the juniors also contested an All-Ireland final against Kerry.
Mayo’s U21s also stormed to EirGrid All-Ireland glory, with the minors making it to the quarter-final stage.
Mayo won their very first Nicky Rackard hurling crown while the U21 hurlers also progressed to a Bord Gáis Energy All-Ireland B final clash with Meath.
O’Toole said: “It is important to stress the numbers of finals that we were in. We had nine matches in the (senior football) championship — five of them in Dublin, and we also had the (Connacht) first round in London. We stayed over there for an extra six days on a training camp and if you were to take the training camp and the trip to London out of it, you could knock off €100,000.
“Leaving out the 2015 invoices, there’s approximately a 50% increase across the board,” O’Toole added. And yet, while expenditure on teams increased dramatically, that was off-set by more monies coming in, leaving the Mayo county board with a healthy €87,329 surplus at the end of the financial year.
Gate receipts, commercial income, fund-raising activities, other income (including summer camp and club affiliation and levies) and transfer income (factoring in increased money from Central Council and Connacht Council) all increased.
Indeed, combined commercial income and fund-raising figures total almost €1.4m, helping Mayo to a better than break-even figure.
O’Toole added: “Mayo is a huge brand name, has support and could have greater support. But we’re lucky in that we have a couple of major sponsors, in particular, Elverys, who have given huge support to all teams. Yes, we have spent more but there are reasons why we have to spend more. Probably next year, you won’t see the same expenditure, but it will not come below the €1m again.”
© Irish Examiner Ltd. All rights reserved