Plus: Rose of Tralee’s ongoing financial troubles; Dermot Desmond’s club advocacy; and rugby publicans’ qualified grand slam
When it comes to financing elections, it pays to be a property owner, rather than a renter. Land registry records show thatremortgaged its headquarters at 51 Upper Mount Street last September with Bank of Ireland to raise money for its election war chest.
‘The motor industry is changing, but we’re here to stay’: BMW Ireland’s boss on EVs, innovation and the road ahead Since then it has been renting another office at 65-66 Lower Mount Street, paying “dead money” to its landlord, the National Maternity Hospital.– at least financially. Records released under the Freedom of Information Act show the organisers of the pageant are keeping their outfit together with the equivalent of a safety pin.
But instead of becoming its lead sponsor, the council contributed only €50,000 directly to the festival last year, down from the €120,000 it has traditionally given. It spent the balance on an accompanying street carnival in Tralee, which used to be paid for by the festival. Dublin City Council approved the plans but the tricky conversion has been on hold since. The council asked Wanderers for a €180,000 contribution towards local infrastructure. Wanderers argued it should be exempt given it is a not-for-profit organisation.finally sided with the council, ruling that Wanderers had failed to prove it would not “accrue some profit or gain” from the enhanced facilities.
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