Quote from: twohands!!! on July 08, 2025, 01:31:44 PMSome info from last year's financial accounts regarding Croke Park.QuoteContribution from our match day activities was disappointing. Total contribution at €1.69m in 2024 was down €140K on 2023 at €1.83m. We hosted 31 match days in 2024, compared to 36 in 2023, with match day attendances falling from 948,000 in 2023 to 865,000 in 2024
So basically Croke Park made a profit of €1.69m in terms of its core business of hosting GAA games in 2024 off the back of 31 match days with a total attendance at those matches of 865,000.
When you compare the attendances of those games at Croke Park versus the absolute best case scenario for annual match attendances at Casement [The attendances for the whole of the Ulster Championship has been around the 100k for a good few years] the capacity for the core operations to turn a profit look severly challenging.QuoteAs referenced at the outset, our non-core activities, generated a contribution of €8.3m in 2024. In comparison we had no non-core events in 2023. In May we hosted the legendary Bruce Springsteen and in August, Coldplay delivered one of the great series of evenings held in the stadium, a concert sequence, that put us in the Top 10 worldwide stadium venues in 2024, as listed by Polestar. Not to disappoint, Leinster brought a full house to the stadium for their Champions Cup semi-final
The difference between the two years is obviously stark - 2024 was probably cost to a perfect year for non-core activites compared to 2023 which was a complete zero - the issue is that none of these activites are in any way reliable. I'm convinced that Casement would be a lot closer to Pairc Ui Chaoimh compared to Croke Park in terms of attracting events.
I only took a fairly quick look at the accounts and I definitely don't feel like I have a full handle on the exact nature of the business of Croke Park. Frankly this would take more time that I'm willing to spend looking at previous years' financial reports and looking at the various subsidary companies that make up the Páirc an Chrócaigh Group of Companies.
These are all the companies that make up the Páirc an Chrócaigh Group of CompaniesQuote- Páirc an Chrócaigh CTR. The principal stadium trading company. PCT posted an operating surplus before interest,
distributions, and exceptional items, at €15.1m for the period 2024 an increase of €3.3m on 2023 at €11.8m, a
27.9% improvement.
- Brindare Ltd. This company is responsible for income and expenditure associated with our meeting and events
business. The business recorded a 77.8% improvement in room hire and food and beverage revenues.
- Gambetto / Mercury Investments/ Croke Park Motors – are vehicles we use to hold our property assets. As
expected, rental income for the 12-month period 2024 is largely unchanged on prior year.
- Lauris Ltd. This entity accounts for our pitch farm which is located in North County Dublin.
- Clonliffe Property Investments – this company holds our new hotel which is currently under construction.
- National Handball and Croke Park Community Centre CLG – we hold a 50% interest in this JV in respect of the
handball centre to the East of the stadium. During the period, PCT's share of the of the joint venture, NHCPCC,
losses for the year were €124K.
- For completeness two other companies Le Cheile Promotions Ltd and Musaem CLG CTR, are related by common
directors but do not form part of the consolidated figures.
I'm not really sure how that Brindare in particular fits into things.
Also I'm a bit suspicious when I see something likeQuoteThe business recorded a 77.8% improvement in room hire and food and beverage revenues.when there's no actual Euro amount provided.
There could be some intra-group transfers and stuff like that going on - this was very much a quick and dirty look to see what sort of basic info I could find out about how Croke Park is doing.
What I couldn't figure out is how these core and non-core activites ended up contributing to a situation where the Group of Companies had a profit, before interest, tax, CLG distribution and exceptional items, for 2024 of €21.3m and contributed a dividend of €16m to CLG (the overall main GAA financial company) especially when the profit increased so much compared to 2023 but the dividend only increased by €1million compared to 2023.QuoteThe directors of the Páirc an Chrócaigh Group of Companies are pleased to report a strong set of results for 2024. PCT Consolidated Group turnover, for 2024, at €59.7m represents an increase of €17.7m, or 42% on 2023 at €42m. A significant contribution to the results was from non-core activities, emphasising the importance, in particular, of concerts to the overall stadium performance.
PCT Consolidated Group profit, before interest, tax, CLG distribution and exceptional items, for 2024 was €21.3m, an increase of 85% on 2023 at €11.5m. The strong performance facilitated a dividend payment of €16m to CLG, marginally up on 2023 at €15m and underlines the importance of the stadium in the furtherance of CLG ambitions.
My overall thoughts looking at this limited information is that spending £270 million plus on Casement is just an absolutely terrible idea, bordering on criminal neglience.
Quote from: twohands!!! on July 08, 2025, 01:31:44 PMSome info from last year's financial accounts regarding Croke Park.QuoteContribution from our match day activities was disappointing. Total contribution at €1.69m in 2024 was down €140K on 2023 at €1.83m. We hosted 31 match days in 2024, compared to 36 in 2023, with match day attendances falling from 948,000 in 2023 to 865,000 in 2024
So basically Croke Park made a profit of €1.69m in terms of its core business of hosting GAA games in 2024 off the back of 31 match days with a total attendance at those matches of 865,000.
When you compare the attendances of those games at Croke Park versus the absolute best case scenario for annual match attendances at Casement [The attendances for the whole of the Ulster Championship has been around the 100k for a good few years] the capacity for the core operations to turn a profit look severly challenging.QuoteAs referenced at the outset, our non-core activities, generated a contribution of €8.3m in 2024. In comparison we had no non-core events in 2023. In May we hosted the legendary Bruce Springsteen and in August, Coldplay delivered one of the great series of evenings held in the stadium, a concert sequence, that put us in the Top 10 worldwide stadium venues in 2024, as listed by Polestar. Not to disappoint, Leinster brought a full house to the stadium for their Champions Cup semi-final
The difference between the two years is obviously stark - 2024 was probably cost to a perfect year for non-core activites compared to 2023 which was a complete zero - the issue is that none of these activites are in any way reliable. I'm convinced that Casement would be a lot closer to Pairc Ui Chaoimh compared to Croke Park in terms of attracting events.
I only took a fairly quick look at the accounts and I definitely don't feel like I have a full handle on the exact nature of the business of Croke Park. Frankly this would take more time that I'm willing to spend looking at previous years' financial reports and looking at the various subsidary companies that make up the Páirc an Chrócaigh Group of Companies.
These are all the companies that make up the Páirc an Chrócaigh Group of CompaniesQuote- Páirc an Chrócaigh CTR. The principal stadium trading company. PCT posted an operating surplus before interest,
distributions, and exceptional items, at €15.1m for the period 2024 an increase of €3.3m on 2023 at €11.8m, a
27.9% improvement.
- Brindare Ltd. This company is responsible for income and expenditure associated with our meeting and events
business. The business recorded a 77.8% improvement in room hire and food and beverage revenues.
- Gambetto / Mercury Investments/ Croke Park Motors – are vehicles we use to hold our property assets. As
expected, rental income for the 12-month period 2024 is largely unchanged on prior year.
- Lauris Ltd. This entity accounts for our pitch farm which is located in North County Dublin.
- Clonliffe Property Investments – this company holds our new hotel which is currently under construction.
- National Handball and Croke Park Community Centre CLG – we hold a 50% interest in this JV in respect of the
handball centre to the East of the stadium. During the period, PCT's share of the of the joint venture, NHCPCC,
losses for the year were €124K.
- For completeness two other companies Le Cheile Promotions Ltd and Musaem CLG CTR, are related by common
directors but do not form part of the consolidated figures.
I'm not really sure how that Brindare in particular fits into things.
Also I'm a bit suspicious when I see something likeQuoteThe business recorded a 77.8% improvement in room hire and food and beverage revenues.when there's no actual Euro amount provided.
There could be some intra-group transfers and stuff like that going on - this was very much a quick and dirty look to see what sort of basic info I could find out about how Croke Park is doing.
What I couldn't figure out is how these core and non-core activites ended up contributing to a situation where the Group of Companies had a profit, before interest, tax, CLG distribution and exceptional items, for 2024 of €21.3m and contributed a dividend of €16m to CLG (the overall main GAA financial company) especially when the profit increased so much compared to 2023 but the dividend only increased by €1million compared to 2023.QuoteThe directors of the Páirc an Chrócaigh Group of Companies are pleased to report a strong set of results for 2024. PCT Consolidated Group turnover, for 2024, at €59.7m represents an increase of €17.7m, or 42% on 2023 at €42m. A significant contribution to the results was from non-core activities, emphasising the importance, in particular, of concerts to the overall stadium performance.
PCT Consolidated Group profit, before interest, tax, CLG distribution and exceptional items, for 2024 was €21.3m, an increase of 85% on 2023 at €11.5m. The strong performance facilitated a dividend payment of €16m to CLG, marginally up on 2023 at €15m and underlines the importance of the stadium in the furtherance of CLG ambitions.
My overall thoughts looking at this limited information is that spending £270 million plus on Casement is just an absolutely terrible idea, bordering on criminal neglience.
Quote from: twohands!!! on July 08, 2025, 01:31:44 PMSome info from last year's financial accounts regarding Croke Park.QuoteContribution from our match day activities was disappointing. Total contribution at €1.69m in 2024 was down €140K on 2023 at €1.83m. We hosted 31 match days in 2024, compared to 36 in 2023, with match day attendances falling from 948,000 in 2023 to 865,000 in 2024
So basically Croke Park made a profit of €1.69m in terms of its core business of hosting GAA games in 2024 off the back of 31 match days with a total attendance at those matches of 865,000.
When you compare the attendances of those games at Croke Park versus the absolute best case scenario for annual match attendances at Casement [The attendances for the whole of the Ulster Championship has been around the 100k for a good few years] the capacity for the core operations to turn a profit look severly challenging.QuoteAs referenced at the outset, our non-core activities, generated a contribution of €8.3m in 2024. In comparison we had no non-core events in 2023. In May we hosted the legendary Bruce Springsteen and in August, Coldplay delivered one of the great series of evenings held in the stadium, a concert sequence, that put us in the Top 10 worldwide stadium venues in 2024, as listed by Polestar. Not to disappoint, Leinster brought a full house to the stadium for their Champions Cup semi-final
The difference between the two years is obviously stark - 2024 was probably cost to a perfect year for non-core activites compared to 2023 which was a complete zero - the issue is that none of these activites are in any way reliable. I'm convinced that Casement would be a lot closer to Pairc Ui Chaoimh compared to Croke Park in terms of attracting events.
I only took a fairly quick look at the accounts and I definitely don't feel like I have a full handle on the exact nature of the business of Croke Park. Frankly this would take more time that I'm willing to spend looking at previous years' financial reports and looking at the various subsidary companies that make up the Páirc an Chrócaigh Group of Companies.
These are all the companies that make up the Páirc an Chrócaigh Group of CompaniesQuote- Páirc an Chrócaigh CTR. The principal stadium trading company. PCT posted an operating surplus before interest,
distributions, and exceptional items, at €15.1m for the period 2024 an increase of €3.3m on 2023 at €11.8m, a
27.9% improvement.
- Brindare Ltd. This company is responsible for income and expenditure associated with our meeting and events
business. The business recorded a 77.8% improvement in room hire and food and beverage revenues.
- Gambetto / Mercury Investments/ Croke Park Motors – are vehicles we use to hold our property assets. As
expected, rental income for the 12-month period 2024 is largely unchanged on prior year.
- Lauris Ltd. This entity accounts for our pitch farm which is located in North County Dublin.
- Clonliffe Property Investments – this company holds our new hotel which is currently under construction.
- National Handball and Croke Park Community Centre CLG – we hold a 50% interest in this JV in respect of the
handball centre to the East of the stadium. During the period, PCT's share of the of the joint venture, NHCPCC,
losses for the year were €124K.
- For completeness two other companies Le Cheile Promotions Ltd and Musaem CLG CTR, are related by common
directors but do not form part of the consolidated figures.
I'm not really sure how that Brindare in particular fits into things.
Also I'm a bit suspicious when I see something likeQuoteThe business recorded a 77.8% improvement in room hire and food and beverage revenues.when there's no actual Euro amount provided.
There could be some intra-group transfers and stuff like that going on - this was very much a quick and dirty look to see what sort of basic info I could find out about how Croke Park is doing.
What I couldn't figure out is how these core and non-core activites ended up contributing to a situation where the Group of Companies had a profit, before interest, tax, CLG distribution and exceptional items, for 2024 of €21.3m and contributed a dividend of €16m to CLG (the overall main GAA financial company) especially when the profit increased so much compared to 2023 but the dividend only increased by €1million compared to 2023.QuoteThe directors of the Páirc an Chrócaigh Group of Companies are pleased to report a strong set of results for 2024. PCT Consolidated Group turnover, for 2024, at €59.7m represents an increase of €17.7m, or 42% on 2023 at €42m. A significant contribution to the results was from non-core activities, emphasising the importance, in particular, of concerts to the overall stadium performance.
PCT Consolidated Group profit, before interest, tax, CLG distribution and exceptional items, for 2024 was €21.3m, an increase of 85% on 2023 at €11.5m. The strong performance facilitated a dividend payment of €16m to CLG, marginally up on 2023 at €15m and underlines the importance of the stadium in the furtherance of CLG ambitions.
My overall thoughts looking at this limited information is that spending £270 million plus on Casement is just an absolutely terrible idea, bordering on criminal neglience.
Quote from: twohands!!! on July 08, 2025, 01:31:44 PMSome info from last year's financial accounts regarding Croke Park.Thanks for a very interesting post.QuoteContribution from our match day activities was disappointing. Total contribution at €1.69m in 2024 was down €140K on 2023 at €1.83m. We hosted 31 match days in 2024, compared to 36 in 2023, with match day attendances falling from 948,000 in 2023 to 865,000 in 2024
So basically Croke Park made a profit of €1.69m in terms of its core business of hosting GAA games in 2024 off the back of 31 match days with a total attendance at those matches of 865,000.
When you compare the attendances of those games at Croke Park versus the absolute best case scenario for annual match attendances at Casement [The attendances for the whole of the Ulster Championship has been around the 100k for a good few years] the capacity for the core operations to turn a profit look severly challenging.QuoteAs referenced at the outset, our non-core activities, generated a contribution of €8.3m in 2024. In comparison we had no non-core events in 2023. In May we hosted the legendary Bruce Springsteen and in August, Coldplay delivered one of the great series of evenings held in the stadium, a concert sequence, that put us in the Top 10 worldwide stadium venues in 2024, as listed by Polestar. Not to disappoint, Leinster brought a full house to the stadium for their Champions Cup semi-final
The difference between the two years is obviously stark - 2024 was probably cost to a perfect year for non-core activites compared to 2023 which was a complete zero - the issue is that none of these activites are in any way reliable. I'm convinced that Casement would be a lot closer to Pairc Ui Chaoimh compared to Croke Park in terms of attracting events.
I only took a fairly quick look at the accounts and I definitely don't feel like I have a full handle on the exact nature of the business of Croke Park. Frankly this would take more time that I'm willing to spend looking at previous years' financial reports and looking at the various subsidary companies that make up the Páirc an Chrócaigh Group of Companies.
These are all the companies that make up the Páirc an Chrócaigh Group of CompaniesQuote- Páirc an Chrócaigh CTR. The principal stadium trading company. PCT posted an operating surplus before interest,
distributions, and exceptional items, at €15.1m for the period 2024 an increase of €3.3m on 2023 at €11.8m, a
27.9% improvement.
- Brindare Ltd. This company is responsible for income and expenditure associated with our meeting and events
business. The business recorded a 77.8% improvement in room hire and food and beverage revenues.
- Gambetto / Mercury Investments/ Croke Park Motors – are vehicles we use to hold our property assets. As
expected, rental income for the 12-month period 2024 is largely unchanged on prior year.
- Lauris Ltd. This entity accounts for our pitch farm which is located in North County Dublin.
- Clonliffe Property Investments – this company holds our new hotel which is currently under construction.
- National Handball and Croke Park Community Centre CLG – we hold a 50% interest in this JV in respect of the
handball centre to the East of the stadium. During the period, PCT's share of the of the joint venture, NHCPCC,
losses for the year were €124K.
- For completeness two other companies Le Cheile Promotions Ltd and Musaem CLG CTR, are related by common
directors but do not form part of the consolidated figures.
I'm not really sure how that Brindare in particular fits into things.
Also I'm a bit suspicious when I see something likeQuoteThe business recorded a 77.8% improvement in room hire and food and beverage revenues.when there's no actual Euro amount provided.
There could be some intra-group transfers and stuff like that going on - this was very much a quick and dirty look to see what sort of basic info I could find out about how Croke Park is doing.
What I couldn't figure out is how these core and non-core activites ended up contributing to a situation where the Group of Companies had a profit, before interest, tax, CLG distribution and exceptional items, for 2024 of €21.3m and contributed a dividend of €16m to CLG (the overall main GAA financial company) especially when the profit increased so much compared to 2023 but the dividend only increased by €1million compared to 2023.QuoteThe directors of the Páirc an Chrócaigh Group of Companies are pleased to report a strong set of results for 2024. PCT Consolidated Group turnover, for 2024, at €59.7m represents an increase of €17.7m, or 42% on 2023 at €42m. A significant contribution to the results was from non-core activities, emphasising the importance, in particular, of concerts to the overall stadium performance.
PCT Consolidated Group profit, before interest, tax, CLG distribution and exceptional items, for 2024 was €21.3m, an increase of 85% on 2023 at €11.5m. The strong performance facilitated a dividend payment of €16m to CLG, marginally up on 2023 at €15m and underlines the importance of the stadium in the furtherance of CLG ambitions.
My overall thoughts looking at this limited information is that spending £270 million plus on Casement is just an absolutely terrible idea, bordering on criminal neglience.
Quote from: Dag Dog on Today at 02:55:37 PMQuote from: Milltown Row2 on Today at 01:16:43 PMIs it people that need government handouts that do most of the protesting, cause it's being sold that it will affect their benefits? And the rest are just racists?If they're on a housing list and think new arrivals are getting equal or preferential treatment, they get annoyed.
Also, they probably don't like when immigrants arrive and start working for a living and better themselves.
Quote from: Milltown Row2 on Today at 01:16:43 PMIs it people that need government handouts that do most of the protesting, cause it's being sold that it will affect their benefits? And the rest are just racists?If they're on a housing list and think new arrivals are getting equal or preferential treatment, they get annoyed.
Quote from: gawa316 on Today at 01:55:07 PMQuote from: Mourne Red on July 07, 2025, 02:00:21 AMQuote from: gawa316 on July 07, 2025, 01:55:37 AMIs that Chelsea fella Madueke going to Arsenal as well?
Eze, Madueke, Gyokeres and Rodrygo are being worked on at the moment.. The first 3 more than likely will be signed, Rodrygo a lot of work needing done to get it finalised
They'll hardly buy all of them would they, especially as 2 of them preferred position is where Saka plays?
Do they have the guts of £300+ to spend?