County Board to get loan of up to E500,000

JOHN McMahon, Chairman of Kildare County Board, has said that a loan of some E500,000 has been agreed between the board, Croke Park and Leinster Council, writes TOMMY CALLAGHAN.

JOHN McMahon, Chairman of Kildare County Board, has said that a loan of some E500,000 has been agreed between the board, Croke Park and Leinster Council, writes TOMMY CALLAGHAN.

The loan, over a number of years, yet to be determined, will, according to Mr McMahon allow the Kildare County Board to begin 2013 with a ‘clean slate.’

Kildare GAA have been struggling for a number of years to clear its debts and major cut-backs have been implemented over the last twelve months or so to get their finances under control.

It is understood that Croke Park will be keeping a close eye on the Kildare budget to ensure that it’s recommendations are being adhered to and a special internal budget committe has also been set up to monitor its finances on a monthly basis.