Six clubs in Donegal still owe €68,000 to the Donegal County Board, while €21,000 is owed by a further 13 clubs.
That was one of the stark pieces of information which was given out to delegates at the GAA annual Convention at Jackson’s Hotel, Ballybofey, by outgoing treasurer, Jim McGlynn.
The report showed that Donegal had a profit of €107,123, but the treasurer had a stark warning that when everything was taken into account, the books of Donegal GAA board are in the red to the tune of €100,000.
The treasurer said that they had recently secured a loan from Croke Park of €240,000, which will ease the cash flow situation. The loan is in relation to the ongoing work at the Centre of Excellence in Convoy, but the treasurer pointed out that payments had already made in relation to the Convoy project from the normal county board funds.
The meeting was told that the loan would cost the county board €850 a month. The payment is for interest only for the first two years of a 15-year agreement. The board’s auditor Enda Bonner was also present at convention and said that he had allocated a figure of €40,000 for bad debt. He said that he had considered a bigger figure, but in recent weeks two clubs had paid €6,000 each.
“There is a serious onus on clubs to pay their outstanding debts,” said Bonner.
In answer to Terence McGinley of Naomh Ultan, who wondered if clubs would be allowed to play in competition if they did not pay their fees, county secretary, Aodh Mairtin O’Fearraigh said that County Committee would make a decision in February whether to accept affiliation from those clubs.
On a question from Tony Walsh of Naomh Brid red fund-raising activities, the delegate was told that over half of the €90,196 raised, was on the back of the success of the county team.
The meeting was told that ticket sales involving Donegal games in 2011 amounted to revenue of €600,000.
John Friel of Urris expressed disappointment that a few clubs didn’t even sell one ticket in the draw which was run by the ciunty board.