The IRFU, known for its solid reputation, has recently come under scrutiny due to a significant property acquisition venture in Dublin, worth around €30 million. This occurs while they report an €18 million deficit and announce cuts to the men's Sevens team for financial stability. The contrast between their current financial struggles and investment in property has led to questions about the motives and future strategies of the governing body, signaling potential concerns regarding fiscal responsibility in light of their existing commitments.
In recent days though, eyebrows have been raised, as The Sunday Independent has revealed Ireland's rugby governing body, have been engaging in quite the property shopping spree in Dublin 4 and beyond.
It comes at a time when the IRFU has posted a deficit of €18m, according to its last financial accounts, and after it announced it would be cutting the Ireland men's Sevens team at the end of the 2024-25 season to ensure "long-term financial sustainability".
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