Bulletin following Coiste Bainistí Meeting on 30 November 2023.
End of Year Accounts
The Financial Statements for 2023 were approved by Coiste Bainistí with an Operating Surplus after depreciation of €332k delivered for the year. There was an increase in Total Income of 10% to €3.2m offset by an increase of 26% to €2.9m in Total Expenditure. The increase in expenditure was primarily driven by intercounty team costs, which saw an increase of 26% to €1.2m due to increases in player travel expenses, the introduction of round robins at all levels, economic inflation and a longer intercounty football season. There was also a significant investment in coaching and games during the year amounting to €433k in line with the objectives of our strategic plan.
During 2023, Wexford GAA invested €1.5m in capital improvement projects, most notably the improvements in Chadwicks Wexford Park and the development of Phase 2 in Halo Tiles Wexford GAA Centre of Excellence.
While gate receipts have dropped slightly, there was an increase of 13% in Commercial & Fundraising Income to €1.2m with one-off events, such as the Cairde Loch Garman USA Draw and the Floodlight Opening Night, contributing to a successful year while Wexford GAA continues to receive strong support from our loyal sponsors and corporate partners.
Commenting on the results, Micheál Martin, Cathaoirleach CLG Loch Garman, stated, “Wexford GAA continues to be on a very sound financial footing with another healthy surplus and €1.4m in the bank at the end of the financial year. This is especially pleasing given the work that has been completed in Chadwicks Wexford Park, St. Patrick’s Park and Halo Tiles Wexford GAA Centre of Excellence. We have increased expenditure on Coaching and Games projects by 70% and the combined investment by Club and County in this area now is in excess of €500k per annum.”
Sounding a strong word of caution, Micheál noted, “Significant challenges lay ahead with a planned capital expenditure of €2.5 million in 2024 to complete our strategic objectives in Chadwicks Wexford Park and Halo Tiles Wexford GAA Centre of Excellence. In order to remain consistently competitive, there is a need to invest in our facilities, in coaching programmes and in our teams. The spiralling costs of intercounty teams is something that will require consideration from all stakeholders not only in Wexford but across every county.”
Glen Fuels Team & Player of the Year Awards
The Glen Fuels Hurling and Football Teams of the Year will be announced in the coming weeks.
This year, the Glen Fuels Football Team of the Year will face a Wexford selection on Friday, 29 December in the home of the County Football Champions, Hollymount. Proceeds from the game will be go towards the Senior Football Team Training Fund with a percentage to also go to Shelmalier GAA Club.
Likewise, the Glen Fuels Hurling Team of the Year will face a Wexford selection on Monday, 1 January 2024 in Páirc Uí Síocháin in what will be the first game of Keith Rossiter’s tenure. Proceeds from the game will be go towards the Senior Hurling Team Training Fund with a percentage to also go to Naomh Éanna GAA Club.
We hope that these games will provide some enjoyment for all our GAA fans over the course of the festive period. These games will be all ticket with tickets to be released next week, making an excellent stocking filler for the fan in your life. There will be a nominal charge for children U16 so as to be able to manage potential attendances at both venues.
Upcoming Dates
5 December 2023 | Coiste na nÓg End of Year Review |
11 December 2023 | County Convention |
22 December 2023 | Deadline for submissions from Clubs for 2024 Club Championship & League structures |
29 December 2023 | Glen Fuels Football TOTY vs Wexford Selection, Hollymount |
1 January 2024 | Glen Fuels Hurling TOTY vs Wexford Selection, Páirc Uí Síocháin |
8 January 2024 | Circulation of motions to Clubs in advance of the January County Committee Meeting |
16 January 2024 | January County Committee Meeting |