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Scotland & Eire 2008

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Topic: Dead In The Water

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Post HTML is off for this forum IkonCode is on for this forum Emoticons are enabled	Sorry if this sounds like killjoy stuff, but reality is...well...reality. I do want the bid to go ahead and believe private finance has a major role to play. But therein lies the problem. Betrie Ahern was happy to pump money into his "Bowl" when the Celtic Tiger economy was rearing and Ireland was hauling in cash and inward investment by the skipload. That isn't happening now and Ireland is facing growing unemployment and possible recession on the back of the decline in the tech industry, which gave birth to its recent boom. Only last week, one of the country's biggest investors pulled the plug, following in the wake of other companies' departures. That will have a severe impact on the economic future of the Irish people and Treasury coffers. However much the Irish punters may like to see a gleaming new stadium, when times are getting tough they will prefer to have the continuation of public services at present levels etc. (Well, maybe some would think to hell with it, let's have a party!). The issue of funding/helping fund a stadium is an interesting proposal to the private sector - look at Reebok's involvement at Bolton. But again, only in times when the money is pouring in. Companies need to plan for the future and if the future suggests a possible recession over the next three years, the belts are going to tighten and the hawkers turned away at the shareholders' doors. And with regard to the GAA and raising the profile of their sport - they don't give a monkeys for that. It's a sport played primarily in Ireland (and seemingly superglued to the working class) and the GAA don't for a minute think that TV coverage will do anything to widen interest in the sport. (That's my personal understanding having spoken to Irish friends). The GAA have survived off the fat of their own backs for years and it looks to me like that's the way they want it to stay. However hard it is, that's the economic reality facing Bertie and the Dublin government.
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