Kennedy reveals she contemplated stepping down as Cork chairperson

Cork GAA chairperson Tracey Kennedy is confident the county board can drag itself out of the financial hole in which it currently resides.

Kennedy reveals she contemplated stepping down as Cork chairperson

Cork GAA chairperson Tracey Kennedy is confident the county board can drag itself out of the financial hole in which it currently resides.

A sharp fall of €243k in gate receipts for 2019, compared with the year previous, contributed to an overall county board deficit of €559k.

The full scale of debt arising from the redevelopment of Páirc Uí Chaoimh remains unclear, although one delegate at today’s convention speculated it may be as substantial as €30m.

Kennedy, in her speech to convention, said the board can no longer depend on gate revenues to fund Cork GAA activities, even if the board are hopeful the reform of the county championship will lead to greater bodies coming through the turnstiles in 2020.

She also revealed that the scale of Cork’s financial challenges, coupled with the demands of a new job as principal of Carrignafoy Community College, led her to recently contemplate resigning her role as chairperson.

Part of the solution to tackling the county’s finances will be the likely appointment of a commercial manager, stemming from a recommendation from Cork's financial planning and advisory sub-committee.

“As successful as the year was on many fronts, our annual report also shows the scale of the challenges we face. Reform comes at a price, as does success, and a combination of factors outlined by the county board secretary and treasurer resulted in a serious deficit, which combined with the financial issues associated with the stadium, leaves us in a very unwelcome situation,” said Kennedy.

The last couple of weeks have been incredibly difficult for me as I struggled to juggle the demands of a new job with the realisation of the scale of our financial challenges, and there is no doubt that during the past week I descended into self-pity, wondering if it would be better for my own mental and physical health if I just walked away from it all. However, that is not what I want to do. I want to take on the many opportunities we have to continue our improvements. I want to stand before you this time next year with Cork GAA in a much better place.

“Some of this year’s costs were once-offs, but there will always be once-offs. We must face up to the fact that we can no longer depend on gate revenue to fund our activities, even taking into account the championship reform we hope will lead to improved takings next year. It is possible that as a county, the significant resources we had at our disposal before the redevelopment of the stadium led to complacency in some ways.”

She added: “The stadium project also continues to be an extremely frustrating one for all of us, and we must accept that it will take longer than originally envisaged before it becomes profitable. The failure of the pitch earlier this year was a low point for us all, and obviously had a significant impact on the stadium’s capacity to generate revenue, along with being a general setback to the whole project.

“However, progress is being made, albeit slowly. We now have a pitch in place on which we can rely, and which opens up many new possibilities to us. We have some fantastic people involved; we are working on new management structures for the stadium; we have relaunched the premium tickets, which are an absolutely vital funding stream; we have at least two big concerts here next year; rugby offers us a possible extra revenue stream, and above all, we must not lose sight of the wonderful asset we have here in the stadium.

“Our executive has already proposed dedicating a number of meetings to our finances, and I now propose to involve our clubs in our financial plan through the dedication of part of a number of County Board meetings early in 2020 to consideration of our finances, and I would appeal to you to discuss this issue at your club meetings and to treat it with the urgency you did our championship reforms earlier this year so that your delegates can bring fully-informed views to the table.

"I am confident that, working together, we can deal with our problems in a transparent, effective and successful manner.”

GAA coaching from those who know best: A brainstorming session with football's sharpest minds

more courts articles

Football fan given banning order after mocking Munich air disaster Football fan given banning order after mocking Munich air disaster
Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van

More in this section

Kerry v Tyrone - GAA Football All-Ireland Senior Championship Semi-Final Roscommon overcome Galway, Sligo narrowly defeat Leitrim
AFL Rd 3 - Hawthorn v Geelong S The Oisín Mullin interview: Life through the eyes of a Mayo star making inroads in Geelong 
TG4 Leinster LGFA Championships Launch LGFA Championship Preview: Clash of the champions as Dublin take on Kildare
Sport Push Notifications

By clicking on 'Sign Up' you will be the first to know about our latest and best sporting content on this browser.

Sign Up
Sport
Newsletter

Latest news from the world of sport, along with the best in opinion from our outstanding team of sports writers

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited