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GAA Announces Loss Of €34.1M

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Holy Mother of Lord, a €34 million loss for the GAA last year and that doesnt even include November and December when most of the championships were played. I'd love to see county teams back but how could anyone justify spending the €7,000 or €8,000 it costs to run each county team per week in the current circumstances. We just can't afford county GAA at the moment with the semi-professional setups that managers have driven over the last number of years. Its not viable.
it looks like it is not possible to run another year of county football or hurling without ticket money. All those massive stadiums are white elephants now.
All that matters is getting clubs and underage players back.

Roger (Meath) - Posts: 471 - 16/02/2021 17:00:29    2331584

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Replying To Roger:  "Holy Mother of Lord, a €34 million loss for the GAA last year and that doesnt even include November and December when most of the championships were played. I'd love to see county teams back but how could anyone justify spending the €7,000 or €8,000 it costs to run each county team per week in the current circumstances. We just can't afford county GAA at the moment with the semi-professional setups that managers have driven over the last number of years. Its not viable.
it looks like it is not possible to run another year of county football or hurling without ticket money. All those massive stadiums are white elephants now.
All that matters is getting clubs and underage players back."
They're not good figures and this year will follow a similar path. However I wouldn't panic too much. Yes the GAA will have to cut back on major infrastructure projects like Casement Park, Louth and Meath's new redevelopments as well as coaching grants etc but 2019 saw the GAA's biggest ever revenue income at well over €70 million. Whilst it might be hard to reach those heights again the business is very much there and will come back when the circumstances allow.

There is some very difficult and unpopular decisions to come to survive in the meantime but in my opinion inter county is the way back to financial stability through media rights, sponsorship and tickets when the time arrives.

When this pandemic is over the GAA at central level will require inter county more than ever to balance the books; today's figures was central level but a lot of the larger, medium sized counties are now their own business and a lot of the money spent on running teams is brought into the coffers by themselves, of course there'll be an impact but I'd be more worried for clubs, coaching grants and projects people have put a lot of time into planning.

sam1884 (UK) - Posts: 999 - 16/02/2021 17:54:05    2331589

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Replying To sam1884:  "They're not good figures and this year will follow a similar path. However I wouldn't panic too much. Yes the GAA will have to cut back on major infrastructure projects like Casement Park, Louth and Meath's new redevelopments as well as coaching grants etc but 2019 saw the GAA's biggest ever revenue income at well over €70 million. Whilst it might be hard to reach those heights again the business is very much there and will come back when the circumstances allow.

There is some very difficult and unpopular decisions to come to survive in the meantime but in my opinion inter county is the way back to financial stability through media rights, sponsorship and tickets when the time arrives.

When this pandemic is over the GAA at central level will require inter county more than ever to balance the books; today's figures was central level but a lot of the larger, medium sized counties are now their own business and a lot of the money spent on running teams is brought into the coffers by themselves, of course there'll be an impact but I'd be more worried for clubs, coaching grants and projects people have put a lot of time into planning."
Very true, the county game is the driver of the GAA's revenue which is why the losses are so bad. The flip side is that if there was no club game and just county with full attendance, the GAA's profit would probably be multiples of what it normally is.
That's stating the obvious, what we are doing now is trying to figure out what to do in the rest of 2021. How do we go ahead of there are no spectators allowed, or even if there are only 10 or 20% of stadium capacity allowed? Do we just plough on and have another year of a €30m loss?
I saw someone ask Gavan Reilly on Twitter why didn't we let 5,000 fully vaccinated health care workers attend the Ireland France rugby game last weekend. He said we couldn't as the vaccine isn't proven yet to stop you getting Covid, it is only proven to stop you getting badly sick from the disease. 5,000 fully vaccinated health workers in the Aviva could become a super spreader event whereby they don't become sick but pass on the disease to their multiple of contacts after the game.
Just let that sink in for a moment and try to imagine how we can get crowds into county games in the next six months.

Roger (Meath) - Posts: 471 - 16/02/2021 19:37:26    2331605

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Replying To Roger:  "Very true, the county game is the driver of the GAA's revenue which is why the losses are so bad. The flip side is that if there was no club game and just county with full attendance, the GAA's profit would probably be multiples of what it normally is.
That's stating the obvious, what we are doing now is trying to figure out what to do in the rest of 2021. How do we go ahead of there are no spectators allowed, or even if there are only 10 or 20% of stadium capacity allowed? Do we just plough on and have another year of a €30m loss?
I saw someone ask Gavan Reilly on Twitter why didn't we let 5,000 fully vaccinated health care workers attend the Ireland France rugby game last weekend. He said we couldn't as the vaccine isn't proven yet to stop you getting Covid, it is only proven to stop you getting badly sick from the disease. 5,000 fully vaccinated health workers in the Aviva could become a super spreader event whereby they don't become sick but pass on the disease to their multiple of contacts after the game.
Just let that sink in for a moment and try to imagine how we can get crowds into county games in the next six months."
Hard to see crowds back before Sept. GAA may decide to go club first again this year( no crowd) in the hope crowds at some level are allowed back for intercounty later in year, but will they risk repeats of last years scenes at some grounds post match, as financial support will again be needed no matter which goes first.

DR Ronan Glynn "I don't see a scenario where we are not asking people to wear face masks, to keep physical distance, to avoid crowds, to avoid poorly ventilated spaces over the next six months.he added, the idea of allowing people who are vaccinated to re-engage with society is under "active review" but it will be a few weeks before advice is given.
https://www.msn.com/en-ie/news/other/ireland-lockdown-six-more-months-at-least-before-big-crowds-allowed-again-as-nphet-issue-stark-update/ar-BB1dJg30?ocid=msedgntp

seadog54 (Meath) - Posts: 2150 - 16/02/2021 20:00:12    2331607

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Apparently the GAA have asked the Dublin County Board for a loan.

Relax lads this ones on us! ;)

TheUsername (Dublin) - Posts: 4445 - 16/02/2021 20:06:35    2331609

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Replying To TheUsername:  "Apparently the GAA have asked the Dublin County Board for a loan.

Relax lads this ones on us! ;)"
What's the repayment interest rate, 10%?

Cockney_Cat (UK) - Posts: 2478 - 16/02/2021 22:28:43    2331628

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Replying To Roger:  "Very true, the county game is the driver of the GAA's revenue which is why the losses are so bad. The flip side is that if there was no club game and just county with full attendance, the GAA's profit would probably be multiples of what it normally is.
That's stating the obvious, what we are doing now is trying to figure out what to do in the rest of 2021. How do we go ahead of there are no spectators allowed, or even if there are only 10 or 20% of stadium capacity allowed? Do we just plough on and have another year of a €30m loss?
I saw someone ask Gavan Reilly on Twitter why didn't we let 5,000 fully vaccinated health care workers attend the Ireland France rugby game last weekend. He said we couldn't as the vaccine isn't proven yet to stop you getting Covid, it is only proven to stop you getting badly sick from the disease. 5,000 fully vaccinated health workers in the Aviva could become a super spreader event whereby they don't become sick but pass on the disease to their multiple of contacts after the game.
Just let that sink in for a moment and try to imagine how we can get crowds into county games in the next six months."
Everybody is gasping for air at the minute, we are in limbo, waiting on vaccines, while fighting a pandemic and knowing the longer it is in the community the more likely it is to mutate and render vanccines useless. That has to be the only focus in town there is really no other issue. GAA losses are mirrored by everyone relying on making a living to survive and thrive. At the minute 30% of the population cannot work, relying on Govt borrowing to survive and make no mistake that money is long run out.
So for the GAA the question is the professional paid staff and services that are not operating. The only thing they can earn from is TV money so they have to run a championship, scrap the league. Clubs is a different matter the over-heads are minimal maybe it is no bad thing that the bloated Inter-county game gets some breathing space to rethink the Cul-de-sac it is driving up.
I cannot understand how/why 5,000 vaccinated people can go to a game while unvaccinated cannot not, nothing to do with the science just the morality of it. So basically we are talking a vaccine passport right? So the people lock out of jobs and livliehoods, living on life support, in lock down get to watch a match while 5,000 get to experience while everyone else drools? I think the plot is being lost completely with that one.
There is no doubt the GAA is in a hole, a big black one, the best thing for them would be to run it again in the autumn when the vaccine situation is better. Run club first but that too depends on what the state of play is with Covid 19.
It is a terrible situation but hospitality, arts, culture and sport not only keep us sane, they make life worth living and they sure do drive a huge part of the economy. The bottom line is we need vaccines yesterday, forget the EU and just go get them by hook or by crook.

arock (Dublin) - Posts: 4897 - 16/02/2021 23:09:42    2331633

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Replying To Cockney_Cat:  "What's the repayment interest rate, 10%?"
20 years home advantage, 15 GDO's, throw in Maynooth and Ashbourne, Dermo Connolly to be the next President and give Bernard another 10 year contract flogging Super Value sausages.

It's our way! ;)

TheUsername (Dublin) - Posts: 4445 - 16/02/2021 23:55:45    2331643

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I reckon attendance at matches will be possible from June onwards. Heard a group of League of Ireland fans a few days ago being optimistic on this for their sport and I don't think its unrealistic though it might seems so at this point in time. A lot depends on the success of the vaccine roll out but I think that will happen though attendances will be limited to a percentage of capacity even if they are allowed by then.

PoolSturgeon (Galway) - Posts: 1904 - 17/02/2021 01:31:24    2331644

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Replying To Cockney_Cat:  "What's the repayment interest rate, 10%?"
Probably the 10 in a row :-)

KingdomBoy1 (Kerry) - Posts: 14092 - 17/02/2021 07:50:58    2331649

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Get county up and running. Keep club until later in the year. At least then people will be able attend club championship games and winning teams able to celebrate winning county championships come October.

Clubs are struggling and badly need revenue which comes from gates and club lotto which has gone online but sales are still massively down due to pubs being closed.

yew_tree (Mayo) - Posts: 11236 - 17/02/2021 07:56:00    2331650

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Replying To TheUsername:  "Apparently the GAA have asked the Dublin County Board for a loan.

Relax lads this ones on us! ;)"
Seems only fair given your recent successes have been on us.

;)

Greenfield (Meath) - Posts: 522 - 17/02/2021 09:46:49    2331655

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Replying To KingdomBoy1:  "Probably the 10 in a row :-)"
Please god :-)

superbluedub (Dublin) - Posts: 2837 - 17/02/2021 09:48:41    2331656

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Replying To yew_tree:  "Get county up and running. Keep club until later in the year. At least then people will be able attend club championship games and winning teams able to celebrate winning county championships come October.

Clubs are struggling and badly need revenue which comes from gates and club lotto which has gone online but sales are still massively down due to pubs being closed."
What type of crowds would be allowed though? It could be similiar to last year between 200 to 500 but better then nothing.
If they plan to have most vaccinated by September then that would obviously help things, but they might not necessarily let in big crowds straight away after being vaccinated.

FoolsGold (Cavan) - Posts: 2763 - 17/02/2021 10:01:31    2331658

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Replying To FoolsGold:  "What type of crowds would be allowed though? It could be similiar to last year between 200 to 500 but better then nothing.
If they plan to have most vaccinated by September then that would obviously help things, but they might not necessarily let in big crowds straight away after being vaccinated."
I think by Sept/Oct we will see crowds back at club games. Even if it was capped at 1000 max that would ensure most who really wanted to attend their club games could.

yew_tree (Mayo) - Posts: 11236 - 17/02/2021 10:10:12    2331660

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This is bad news, I would if I were GAA top officials, look to getting loans to tide the association over. I would not trust the present government. A good news is that GAA stadia are large, and can do social distancing well. Unlike Rugby or Football stadia.

galwayford (Galway) - Posts: 2520 - 17/02/2021 10:23:03    2331666

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Replying To galwayford:  "This is bad news, I would if I were GAA top officials, look to getting loans to tide the association over. I would not trust the present government. A good news is that GAA stadia are large, and can do social distancing well. Unlike Rugby or Football stadia."
Why would they get loans when they know the tax payer will bail them out again. What happened to the recent 19 million bail out ? How have they blown that ? That would bring their "losses" to nearly 55 million. Questions need to be asked, but unlikely to be answered.

AfricanGael (UK) - Posts: 1947 - 17/02/2021 10:42:20    2331671

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Replying To AfricanGael:  "Why would they get loans when they know the tax payer will bail them out again. What happened to the recent 19 million bail out ? How have they blown that ? That would bring their "losses" to nearly 55 million. Questions need to be asked, but unlikely to be answered."
The accounts are there published yesterday, the GAA's biggest single income last year was the government the bail out, the loss is inclusive of it.

TheUsername (Dublin) - Posts: 4445 - 17/02/2021 11:29:21    2331677

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Replying To TheUsername:  "The accounts are there published yesterday, the GAA's biggest single income last year was the government the bail out, the loss is inclusive of it."
Did ye still get yer money from them? After all that is the dublin way.

KingdomBoy1 (Kerry) - Posts: 14092 - 17/02/2021 13:10:08    2331684

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Replying To TheUsername:  "Apparently the GAA have asked the Dublin County Board for a loan.

Relax lads this ones on us! ;)"
Let us give you a hand. There s no point in having money if we can't spend it. We in Kerry will give our share too. All we ask is no more games in pairc Uí Caoimh.

CiarraiMick (Dublin) - Posts: 3678 - 17/02/2021 14:13:04    2331690

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