Top Dublin GAA club, Thomas Davis, have called an emergency meeting to discuss “the current perilous state of the finances”.
The Tallaght-based club has admitted that it is “no longer in a position to meet its on-going financial commitments” and has invited all members to a meeting on Monday night where details of the situation will be revealed and ideas discussed as to how it might be addressed.
It is believed that the club is in debt to around €2m. In a letter to members, Thomas Davis chairman Andrew O’Donnell outlined the club’s predicament:
“Due to significant investment in the club’s facilities over the years, the most recent and most expensive being the allweather pitch, the club debt has increased substantially to a point whereby the club is no longer in a position to meet its on-going financial commitments. The current recession and the effect it has had on many of our members and projects that were proposed have contributed in no small way to the current situation.
“The purpose of this emergency meeting is to highlight the issues, suggest some remedies that members will support and hopefully to tap into the undoubted goodwill that exists among our overall membership to come up with additional solutions. We are appealing to all members – past and present – who care about the financial survival of this great club to make it your business to attend this critical meeting”.
Thomas Davis won three Dublin senior football titles in a row from 1989 – 91. They were Leinster champions in 1990-91 and reached the ’92 All-Ireland final, losing to Kerry side Dr Crokes.