The GPA and the GAA yesterday announced details of a new five-year agreement between the two sides, believed to be worth up to €8.75m.
The basic details had been known since an interim agreement was reached in December 2009, but yesterday, the major points of that agreement were unveiled. The agreement will cover the next five years and see the GAA bankroll the players’ body to the tune of €8.75m, an average of €1.75m per year. The latest figures are a huge increase on the €1.35m the two associations agreed in December 2009 and it will see the annual contributions increase incrementally by €125,000 annually from €1.5m this year.
Under the terms of the agreement, the GPA will have to submit quarterly funding reports to the GAA and must formally present a set of accounts annually. If the GAA requests financial information on a monthly basis, that also must be provided.
GPA boss, Dessie Farrell insisted that the independence of his association has not been compromised by the agreement despite the strict rules of the contract:
“I don’t think it would serve the players or the association well if it was compromised”.
GAA President was also satisfied with the deal and, despite the rise in contributions, he expects it to be approved at next month’s Central Council meeting:
“If you take it that there are 2,000 inter-county players and take the €2m figure in 2015, that’s €1,000 per player annually. That’s not massive or outlandish”.
A former players’ advisory group has also been established under the chairmanship of former Dublin captain Tony Hanahoe. Meath’s Bernard Flynn is secretary of the new body. The agreement, formally known as the ‘Recognition Protocol’, also included a written statement that there is an understanding that GPA funding could be reduced if GAA’s revenues dip.