This year is the third year that the stadium firm, Thomond Park Stadium Co Ltd, has linked up with promoters MCD Production to stage concerts. Economic impact assessment In January of this year, an economic impact assessment by Repucon Consulting, and commissioned by Munster Rugby, reported that the 73,000 fans that attended last July’s gigs created the €13.5m economic impact. The stadium firm operates the home of Munster rugby and it generates its revenues from licence fee income from rugby games, rights income, hospitality and catering income, rental income, bar income, and public events such as next month’s concerts. The accounts for Thomond Park Stadium Company show the licence fee income from the Munster branch of the IRFU surged from €598,405 to €835,083 in the 12 months to the end of July last. Munster ensured a continuation of that level of income by qualifying for next season’s Champions Cup, after finishing sixth in the URC. The company recorded post-tax losses of €691,140 in the 12 months to the end of July last, and the losses take account of non-cash depreciation costs of €1.057m. The post-tax loss was down 27% on the post-tax loss of €949,607 for fiscal 2023. The amount owed by the firm to the Munster branch totalled €17.69m at the end of July last, which was down on the €18.02m owed one year prior. Numbers directly employed unchanged Numbers directly employed at the stadium last year remained static at seven, and staff costs declined from €405,300 to €399,145 — including wages and salaries of €351,902. At the end of July last, the stadium firm had shareholder funds of €4.17m. The company’s balance sheet received a boost in the prior year when it received a €6m capital contribution. A note states that the repayment schedule on the €17.18m owed to promoters, the IRFU and the Munster Branch of the IRFU at the end of July “will be on a basis appropriate to company cash-flows”. The company has a book value of €22.06m on its tangible assets at the end of July last.