IRFU CEO confident union can manage €29m hole created by Covid

Kevin Potts reveals finances had “stabilised” after the pandemic period with an expected deficit of €4.9m actually turning out to be a surplus of €5.9m for the last financial year.

Sat, 12 Nov, 2022 - 06:15

Brendan O'Brien

IRFU chief executive Kevin Potts admits that the Covid pandemic leaves the union with close to a €30m hole in its finances but one that he is confident they will be able to manage in the coming years.

The body was in a healthy financial state prior to 2020 with net assets and cash reserves both in and around the €100m mark but the last few years have impacted all national governing bodies regardless of previous standing.