Questions remain surrounding Harold’s Cross Sale – Cullinane
Sinn Féin TD and member of the Public Accounts Committee David Cullinane said today that the proposed sale of Harold's Cross Stadium to the Department of Education for €23m leaves a lot of unanswered questions.
Deputy Cullinane said:
“The proposed sale of Harold's Cross to the Department of Education for €23 million throws up a lot of issues.
“All we know so far is that this was done to tackle debt issues and that the Department of Education has provisionally decided to commit €23 million of public funds to a site with a stadium on it that has to be demolished at an additional cost to the Department and even that is predicated on the appropriate rezoning taking place.
“We also know that a public sale was ruled out in favour of a closed process between two Departments.
“We also know that Savills, at some point, produced a valuation of the stadium for the Irish Greyhound Board and that the Board refuses to make this valuation public.
“It is important that value for money is achieved here and that the concerns raised by myself and my colleagues on the Public Accounts Committee are addressed to a satisfactory degree.”