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Celebrity Banisteoir winners Castleisland Desmonds close to bankruptcy: Indo

kn · 2012-05-12 10:13:44

Castleisland Desmonds say that they are within €2500 of their €80k overdraft limit. Funding and sponsorship have dropped substantially and they are desperate for cash (but who isn't?). The question I would be asking is whether the Celebrity Banisteoir adventure generated revenue or did it end up costing them if this is the…

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12-05-2012 11:13am

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kn

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Castleisland Desmonds say that they are within €2500 of their €80k overdraft limit. Funding and sponsorship have dropped substantially and they are desperate for cash (but who isn't?). The question I would be asking is whether the Celebrity Banisteoir adventure generated revenue or did it end up costing them if this is the debt they are carrying? Maybe Derek who pledged to continue his link with the club would get Crystal Swing to do a gig for no fee to help them out?

http://www.independent.ie/national-news/gaa-club-in-cash-crisis-over-lack-of-sponsorship-3105325.html

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