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Treasurer’s report shows profit of over €300k

CONVENTION

By Frank Craig

At tonight’s County Convention in Ballybofey, Treasurer Alan Boyd’s accounts report showed a profit for the year of €311,430.

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However, the Gaoth Dobhair man explained that the majority of that surplus will go towards the Training Centre in Convoy.

He also appealed for Donegal supporters to get behind the current House Draw as the final push towards completion of the facility ramps up.

Some notable figures from the accounts showed team administration expenses this year at €949,270, down from €1,007,170 in 2018.

Player travelling expenses came in at €213,669, again a drop from €271,849 the previous year. Catering was up €17,000 from €180, 634 to €197,790 while medical expenditure was down from €181,282 to €166,468.

Gate receipts were up to €209,961 from €147,337 in 2018. There was an €84,000 rise in sponsorship from €218,000 to €302,424. Boyd explained that was due in large to a grant of €50,000 from Donegal County Council.

Merchandise royalties of €96,124 from the likes of O’Neills, was also logged. The net current liabilities on the balance sheet was recorded at €191, 241.

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