21 May 2022

GAA - Handy hints at increase in levies for Laois clubs if fundraisers for Training Centre fall short

GAA - Handy hints at increase in levies for Laois clubs if fundraisers for Training Centre fall short

The naming rights for O'Moore Park are up for sale.

Laois GAA secretary has said that clubs could be faced with increased levies, if new fundraising projects prove unsuccessful in helping to pay for the county's new Training Centre.

In his report to Laois GAA's annual Convention, which takes place next Monday, Handy revealed that Laois GAA are pursuing a number of avenues for increased fundraising, including selling the naming rights for O'Moore Park. "There are a number of areas of increasing revenue being explored, including stadium naming rights, availability as a concert venue, advertising in Training Centre and O'Moore Park, pitch and dressing room sponsorship and patron contribution to club wall etc.

"It is hoped the additional revenue can be raised through some of these areas, failure to do so will merit consideration to some small increase in club levies."

To fund the remainder of the work on the Training Centre, Laois have acquired a sizeable loan from AIB, as Handy outlines in the report. "In order to fund this project, Laois GAA has secured a loan facility of €1.23 million from AIB, which includes the transfer of our existing stand load from Ulster Bank.

"This is a major commitment from our county and will require the full support of our clubs and prudent management of our finances."

So far, Laois have received €1m from the GAA's Central Council, €225,000 from Leinster GAA, €750,000 from the sale of their own land and their share of the money from soccer and rugby games played in Croke Park, €45,000 in Sports Capital Regional Funding, and a further application for additional Sports Capital Regional Funding has been placed.

The Laois currently on Phase 4 of the construction schedule, the total cost of the project to complete all phases including Phase 4 is €3.1m, which is why they have approached the AIB for such a sizeable loan.

READ ALSO - Mortimer pulls out of race to be next Laois GAA Chairman

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