Kerry have also come to the business table with a massive fundraising event, which was held in the Plaza Hotel, New York last May, and raised a little over €1 million. 420 guests, from businessmen to the Kerry diaspora living across the United States attended, in order to fund Kerry GAA's €5.8 million Centre of Excellence.
Kerry's sponsors are no shrinking violets either and the team can rely on support from the likes of Kerry Group, financial institutions such as the Irish League of Credit Unions and Acorn Life, Hotel groups like The Brehon and The Malton Hotel, Skins Sportswear, Castleisland Co-op, The Kerryman newspaper, and Keanes Supervalu.
In Kerry Group, a leading global brand in the food sector, Kerry GAA have a major sponsor which at least lets them try to compete with the Dublin model.
Kilkenny have another major sponsor in Glanbia/Avonmore to fuel their success. They have also built a new training centre in Dunmore, which will be funded by MW Hire. Mattie Walsh (MW Hire), a former Kilkenny hurler has agreed to fund this for the first five years, ensuring the running costs of the venue are met.
A typical master stroke from Kilkenny, keeping it local without any loans or debts. Kilkenny don't do hype, on or off the field, and have even named their new facility as the 'Training Centre' rather than the 'Centre of Excellence', which every county team in Ireland now must own and eventually pay for.
Offaly are currently building 'A Centre' outside Kilcormac at a cost of €2,250,000. A major fundraiser is under way at present, with former player Michael Duignam leading the way and golfer Shane Lowry also getting involved. They now need to raise €750,000 and hope the development would be debt free.
In Cork at their County Board Convention last December, Chairman Ger Lane stressed that 'red lights were flashing' with regards to the county's finances. Investment bonds which were cashed in were supposedly shielding the existing debt that exists. As the Chairman states in his address to the county board delegates, "no business could operate on the losses we'd made over the last few years without those investments. The red lights are certainly flashing in terms of financing and the cisteoir (treasurer) has a huge task to turn that around in the next year or so."
Another example of a county board burdening themselves with a debt of €70 million for a project to build a state of the art stadium along with another 'Centre Of Excellence'.
In the last few days the Westmeath County Board have announced naming rights for their Cusack Park pitch with TEG Engineering coming on board in a five year deal. It was only at the previous months convention that Westmeath County Board Chairman, Sean Sheridan, spoke on how the county is "practically broke", with a debt of €194,000.
Carlow's County Board last year announced an exclusive naming rights with Netwatch.
County Boards are now being stretched in order to survive. A money game is gripping every county, with corporate sponsors, naming rights of pitches and 'Centres of Excellence' scattered around our cities and towns.
We have now reached saturation point where survival of the fittest is no longer a reference for our teams on the pitch, but also off it.
Dublin and Kerry lead the way on and off the field, but Cork's example is a message to all that even the top counties are now finding it hard to participate in the money game.
The GAA is "Ireland's largest sporting organisation and is celebrated as one of the great amateur sporting associations in the world today".
(A quote from the official GAA web page)
http://www.punditarena.com/gaa/dcashin/g-money-game/
Kerry's sponsors are no shrinking violets either and the team can rely on support from the likes of Kerry Group, financial institutions such as the Irish League of Credit Unions and Acorn Life, Hotel groups like The Brehon and The Malton Hotel, Skins Sportswear, Castleisland Co-op, The Kerryman newspaper, and Keanes Supervalu.
In Kerry Group, a leading global brand in the food sector, Kerry GAA have a major sponsor which at least lets them try to compete with the Dublin model.
Kilkenny have another major sponsor in Glanbia/Avonmore to fuel their success. They have also built a new training centre in Dunmore, which will be funded by MW Hire. Mattie Walsh (MW Hire), a former Kilkenny hurler has agreed to fund this for the first five years, ensuring the running costs of the venue are met.
A typical master stroke from Kilkenny, keeping it local without any loans or debts. Kilkenny don't do hype, on or off the field, and have even named their new facility as the 'Training Centre' rather than the 'Centre of Excellence', which every county team in Ireland now must own and eventually pay for.
Offaly are currently building 'A Centre' outside Kilcormac at a cost of €2,250,000. A major fundraiser is under way at present, with former player Michael Duignam leading the way and golfer Shane Lowry also getting involved. They now need to raise €750,000 and hope the development would be debt free.
In Cork at their County Board Convention last December, Chairman Ger Lane stressed that 'red lights were flashing' with regards to the county's finances. Investment bonds which were cashed in were supposedly shielding the existing debt that exists. As the Chairman states in his address to the county board delegates, "no business could operate on the losses we'd made over the last few years without those investments. The red lights are certainly flashing in terms of financing and the cisteoir (treasurer) has a huge task to turn that around in the next year or so."
Another example of a county board burdening themselves with a debt of €70 million for a project to build a state of the art stadium along with another 'Centre Of Excellence'.
In the last few days the Westmeath County Board have announced naming rights for their Cusack Park pitch with TEG Engineering coming on board in a five year deal. It was only at the previous months convention that Westmeath County Board Chairman, Sean Sheridan, spoke on how the county is "practically broke", with a debt of €194,000.
Carlow's County Board last year announced an exclusive naming rights with Netwatch.
County Boards are now being stretched in order to survive. A money game is gripping every county, with corporate sponsors, naming rights of pitches and 'Centres of Excellence' scattered around our cities and towns.
We have now reached saturation point where survival of the fittest is no longer a reference for our teams on the pitch, but also off it.
Dublin and Kerry lead the way on and off the field, but Cork's example is a message to all that even the top counties are now finding it hard to participate in the money game.
The GAA is "Ireland's largest sporting organisation and is celebrated as one of the great amateur sporting associations in the world today".
(A quote from the official GAA web page)
http://www.punditarena.com/gaa/dcashin/g-money-game/