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Bruce Almighty: Thomond Park's profits suffer without The Boss

While a decent chunk of the Irish population was going wild for Bruce Springsteen in Croke Park l...
Newstalk
Newstalk

13.02 9 Jun 2016


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Bruce Almighty: Thomond Park&a...

Bruce Almighty: Thomond Park's profits suffer without The Boss

Newstalk
Newstalk

13.02 9 Jun 2016


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While a decent chunk of the Irish population was going wild for Bruce Springsteen in Croke Park last month, the company that runs Thomond Park was likely wishing he'd decided to spend one of those nights performing in Limerick instead.

Thomond Park Stadium Company Ltd has confirmed that its operating profits dropped by 60% for the 12 months to end June 2015, and a lack of Bruce has been cited as one of the reasons for the fall.

Its most recent operating profits were €116,000, compared to the €286,000 taken for the 12-month period in which The Boss came to town.

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Stadium manager John Cantwell told the Irish Independent that "the lack of a concert type event has a significant impact on reveneus/profits that cannot be readily replaced by other events."

Springsteen brought his Wrecking Ball tour to the stadium in July 2013 as part of a short Irish jaunt that also saw shows in Cork, Belfast and Kilkenny.

Thomond Park, the home to Munster rugby, also benefited in 2013/2014 from hosting a European Champions Cup quarter final; a PRO 12 semi-final in 2014/15 didn't generate the same amount of income, while the cancellation of Andy Lee's world title defence was a "major loss".

As revealed at the province's AGM last week, Munster's poor form of late has affected attendances.

While revenues rose 10% once full-year income from operating the stadium bars was realised, the company recorded a post-tax loss of €1.25m.

Cantwell expects profits to fall further this year, with the stadium not set to host any high-profile additional competitive matches.


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