Munster’s financial forecasts reveal value of home Euro ties

The importance of securing a home European quarter-final for Irish provinces extends well beyond the field of play, Munster’s annual financial report has revealed.

The recent AGM of the Munster Branch was told of a projected deficit for the year ending June 30, 2014, of €600,000, which would have been a lot worse had it not been for Rob Penney’s side earning a home draw against Toulouse for the knockout stages.

“The Heineken Cup quarter-final created in excess of €450,000 profit,” Munster financial controller Philip Quinn said, as he gave a fascinating breakdown of who gets what, and from where, on a big European matchday at Thomond Park.