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SBD Global/March 7, 2013/Finance

GAA Generated $1.6M In Profits From All-Ireland Hurling Replay In '12

The Gaelic Athletic Association said that "last year’s All-Ireland hurling replay between Galway and Kilkenny netted" €1.2M ($1.6M) in profit, according to Cormac Byrne of the IRISH INDEPENDENT. GAA President Páraic Duffy revealed as he outlined the association’s annual accounts for '12 that the gross revenue for the final was €4M ($5.2M) while gross revenue for the replay, which Brian Cody’s Kilkenny won in style, grossed €2.8M ($3.6M). With direct costs for hosting the replay coming to €1.4M ($1.8M) and grants to counties and other bodies coming to €220,000 ($286,000), the GAA was left with a cool €1.2M in profits. Gate receipts grew by 10pc or €2.5M ($3.3M) over last year, and exceeded the GAA’s budget expectations by a further €1M ($1.3M), largely thanks to the hurling replay. The GAA admitted that by reducing the replay ticket price from €80 ($104) to €50 ($65) it "consciously decided to forego" upwards of €1M, meaning it could have netted €2.2M ($2.9M) but decided instead to reward hard-pressed supporters (IRISH INDEPENDENT, 3/6).
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