The Mayo County Board will tell the County Convention on Sunday that they have recorded a major rise in commercial revenue and a surplus for the 12 months to October 31st 2021 of €602,729.
That is an impressive figure by any account but doubly so with the Senior Men’s Footballers having got to the All Ireland Final not once but twice in the financial year.
It does come with an asterisk in that the County Board does account for owing €8.7 million to the GAA arising out of the County’s legacy debt being taken ‘in house’ from Ulster Bank.
In the short term though the numbers have been positive.
The county has a long term positive relationship with Elverys and it added Portwest as a backer this year as well as concluding a naming rights deal with Hastings Insurance Brokers to attach their brand to MacHale Park.
Revenues from the streaming of games will also be a positive for many counties and that is included in the figure of €866,875 drawn from commercial income. This is up €343,928 from the previous year.
The cost of team preparation came in at just under €1 million with the challenge faced by counties further from Dublin highlighted in the €420,000 listed as down to travel costs.
Chairman Liam Moffat is stepping down from the role this year which is a shame as he has been through some tough times with the Tim O’Leary saga overhanging his tenure but he can walk into and out of the Dome in Bekan this Sunday with his head held high over his stewardship.
Here is a look back at an interview we conducted with Moffatt this time last year…
Sport for Business Perspective
County Conventions are happening up and down the country and it will be interesting to see the impact that Covid has had in a financial sense on the level below the top end of the sport.
“A powerful and influential network of information and collaboration”
Sport for Business Partners