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The Indo Daily: Why the IRFU is buying swathes of luxury D4 property
@Source: independent.ie
In recent days though, eyebrows have been raised, as The Sunday Independent has revealed Ireland’s rugby governing body, have been engaging in quite the property shopping spree in Dublin 4 and beyond.
It is estimated that its bank of over 20 properties close to Aviva Stadium is now worth in the region of €30m. It comes at a time when the IRFU has posted a deficit of €18m, according to its last financial accounts, and after it announced it would be cutting the Ireland men’s Sevens team at the end of the 2024-25 season to ensure “long-term financial sustainability”.
Today on The Indo Daily, Kevin Doyle is joined by Mark Tighe, journalist with the Sunday Independent to ask what could the IRFU possibly want with an expensive property portfolio?
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