Munster may sell Thomond naming rights to ease debt crisis

Munster Rugby are preparing to revisit the thorny subject of selling thenaming rights to their iconic Thomond Park as one measure to address their current financial concerns.

The branch reported a projected deficit of €1.052 million for the year ending June 30, 2012, to delegates at their Annual General Meeting in Cork on Tuesday night.

Munster’s financial controller Philip Quinn also forecast a considerable reduction in that figure to €185,000 in his projections for 2012-13 withongoing cost reduction initiatives with a view to breaking even a year later.