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GAA report deficit of €34.1 million in 2020 as Covid-19 hits revenue


GAA report deficit of €34.1 million in 2020 as Covid-19 hits revenue
Reporter:
colm.kinsella@iconicnews.ie
The GAA has reported a deficit at national level of €34.1 million after 2020 revenue was badly hit by the Covid-19 pandemic
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THE GAA has today reported a deficit at national level of €34.1 million after 2020 revenue was badly hit by the Covid-19 pandemic.
This figure comprises a consolidated deficit at central level (Central Council and Croke Park) of €27.1M with an additional €7 million deficits at county and provincial level. The figure does not include any losses potentially incurred by clubs.
Drastically reduced gate receipts and commercial income were largely responsible for this deficit as the GAA’s total revenue fell by almost 60 per cent, down to €31.4 million from €73.9 million. ....

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