herald

Tuesday 12 December 2017

Chairman of Shelbourne FC, Joe Casey, said that the club was facing total debts of between €7m and €8m.

Chairman of Shelbourne FC, Joe Casey, said that the club was facing total debts of between €7m and €8m.

Despite being one of Ireland's most successful football clubs, the club is no longer in the Premier League and is battling for promotion from the First Division.

The club famously came within touching distance of a Champions League group stage place, losing out to Spanish giants, Deportivo La Coruna 3-0, having achieved a 0-0 draw in Lansdowne Road in front of 25,000 fans, in 2005.

Mr Casey said that the club's success was built on sand, financially speaking.

The club has recently been attracting crowds of up to 800 in Tolka Park while its budget is around €200,000 a year.

Currently around 60pc of its income comes from gate receipts. The club has five semi-professional players on the books with the balance of the squad amateurs and all office staff voluntary.

Promoted articles

Entertainment News