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Questions remain over Limerick greyhound stadium deal: Colreavy

29 August, 2012 - by Michael Colreavy TD

Deputy Michael Colreavy, Sinn Féin spokesperson for Agriculture, Food and the Marine, raised concerns about the Irish Greyhound Board’s handling of the building of a new stadium in Limerick.

Deputy Colreavy said:
“Details have emerged of the poor management on the part of the Irish Greyhound Board over the construction of a new stadium in Greenpark, Co Limerick.

“It has been reported that The Irish Greyhound Board entered into a ‘gentleman’s agreement’ that the site of the new stadium would be raised by two metres to avoid flooding, by the Limerick Racecourse Company, as part of the purchase deal and at no extra cost.

“The agreement was never written in a formal contract and following the collapse of the deal, the Irish Greyhound Board had to complete the work itself, at a cost of €2.4 million.

“It has been reported that The Irish Greyhound Board also rejected advice of solicitors and engineers who were concerned about the lack of protection surrounding the deal. The Irish Greyhound Board is currently €25 million in debt.

“If these allegations are true, this activity is unacceptable from the semi-state body and questions must be answered as to why there was such poor judgment on the issue.”

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