Louth County Board treasurer Aidan Berrill. (Pic: Arthur Kinahan)
Louth GAA have revealed a profit of €164,720 for the year, an increase of just over €10,000 from the 2018 accounts.
A huge reduction in expenditure, from almost €730,000 in 2018 to €680,255, is the evident reason for the healthier financial portrayal, with Coaching & Games having created a profit of €45,000, due mainly to an increase in attendance at Cúl Camps.
Roughly €20,000 less was spent on legal fees relating to The Gaelic Grounds in Drogheda, with the decision having been made to focus the county’s attention on building a new stadium in Dundalk.
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County team costs rose by almost the same amount, to €392,871, with training expenses a significant contributor. These claims went up from €33,585 to €56,405.
Louth’s income, however, was visibly reduced on the financial report. In spite of there being high-profile replays towards the end of the junior football championship and in the knockout rounds of the intermediate renewal, gate receipt revenue was down by nearly €10,000, with commercial revenue also showing a shortfall from its 2018 return.