IRFU well on course to clear stadium cost

IRISH rugby chiefs look set to benefit almost immediately from the new Aviva Stadium, as they have only €6m left to pay on their share of the stadium cost.

The IRFU’s annual report shows they are on track to pay off their debts well ahead of 2020, the agreed date. The union’s existing cash balance and advance seat sales have put a huge hole in their part of the stadium bill, which came to €104m.

The stadium was delivered on time in April for €411m, of which the Government provided €191m. Aviva rowed in with €45m for the naming rights.