Originally Posted by jbyrne
yes, does anyone know how much the GAA have actually paid for the redevelopment themselves?? my very rough calculation is as follows:
total cost: €250m
gov paid to date: €110m (including most recent €40m promise)
current stadium debt: €98m ??
amt paid by GAA to date: €42m ???
if my calculations are correct, and I stand to be corrected, then the €42 million the GAA have actually paid would probably be paid by the sale of 10 year corporate boxes, premium seats etc. alone
also, whos to say that most of the remaining debt wont be paid off by the government over the next 10 to 15 years or so. the GAA know full well that no government will let them get into serious financial difficulty over the building of the stadium.
if the irfu/fai had had the access to government funds as mentioned above then they could have built their own ages ago.
Don’t get me wrong, I applaud the GAA for what they’ve done to Croke Park but given the large amount of public money that has already been handed over to them it would be a disgrace if anymore was given without other sports being allowed in.