The Ireland 20s were 8 players down on their starters going into the tournament and played most of the reserves today.
Throw them up there mate and we’ll have a look
Didnt they also fuck some hooker* out of the squad before the tournament?
*steady lads.
The IRFU dropped him for moving to Saracens and not taking a place in the Irish system.
62-3. The famed provincial academy system continues to churn out top class internationals.
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I don’t think you can completely write off this generation just yet Fagan, you generally have to wait until a few years after u-20 before poaching South Africans.
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Surely it’s time to question whether we can have confidence in Ireland hosting a rugby tournament with such a pitiful performance on the pitch. These boys will only embarrass us in 5 years ti… oh wait. I fully endorse Ireland’s application to host the 2023 World Cup.
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I’m sure you lads can find them in same place you did the last few years
I don’t recall you being so interested when they beat NZ in last year’s competition (someone on here tipped it at 25-1 actually) and got to the final ?
You said they aren’t on TFK.
They wernt either last year until some of the concerned citizens posted them. Repeatedly.
You will get a copy with the season ticket anyway
I wasn’t on TFK last year. Did they win it after beating New Zealand or did they do a Galway on it?
Are they giving away season tickets with the financial results now? Jesus they must be bad.
The projected cashflow surplus is driven by a €2.05m increase in gate income and an additional €1.5m IRFU grant.
Last season, Munster sold out nine matches, a new record for the province and more than the previous three years combined. Six of those were at Thomond Park**, including a Champions Cup quarter-final and the game against the Maori All Blacks, which account for the majority of the financial increase.**
The net profit to Munster from the Toulouse quarter-final alone was over €500,000, raising significantly more money than the combined revenue gained by the province’s appearances in the PRO12 semi-final and final.
Around half of the increase in gate income was offset by associated increases in match costs totalling €1m.
“We’ve doubled the amount of people through the gate at Thomond Park, which is scary coming from where we were last year,” said Munster Rugby’s head of finance and operations, Philip Quinn.
“So much is predicated by how they perform on the pitch and the manner of the performance,” said honorary treasurer Tom Kinirons.
“This season was different. It started out with a tragedy (the passing of Anthony Foley) but the players got some strength from it and performed admirably on the pitch all season, and people seemed to respond to it.”
Ticket sales increased from 201,000 in 2015/16 to 305,000 (a 52% rise) and attendances almost doubled from 124,000 to 243,000 in the same period. Notable from these figures is the upsurge in ticketholders (including season and ten-year ticketholders) who actually attended the games — up from 62% to 80%.
Almost 5,000 junior tickets are circulated among the 26,200 tickets for a Thomond sell-out. This financial hit of around €80,000 in potential revenue represents a long-term investment to introduce children to Munster games — something the province missed out on in previous years.
Ancillary matchday revenues, such as bar, catering, and programme income, increased accordingly, while sponsor bonuses were unlocked by achieving a home European quarter-final and PRO12 semi-final.
In addition, Munster received half of the €3m pot of additional IRFU funding distributed to the four provinces this year. This significant increase in funding was due to Munster’s financial position and different financial model, with much of the money used to cover player costs which have seen a 2% annual inflation over 10 years.
Muster’s model is different from the other provinces as they put their €15m income from 10-year ticket sales into the Thomond Park redevelopment, unlike Ravenhill or the Aviva Stadium.
That means Munster effectively aren’t receiving any money from 3,000 tickets sold for every game, although renewals of the 10-year tickets are under way ahead of the 2018/19 season. Early bird renewals are priced between €3,450 and €4,750, down from the €5,000-5,500 price tag of nine years and one financial crisis ago.
Munster made a capital repayment of €100,000 to the IRFU, reducing stadium debt to €9.5m, and the relationship is described as “very positive”.
Quinn is keen to address the perception that Munster are shifting towards Limerick and says that more matches in Cork is something that will always be considered. In February, Munster applied for Sports Capital funding to lay a 4G pitch at Musgrave Park, where almost 60 games were played this year. Plans to build a gym for underage teams there are also being examined.
The potential use of the redeveloped Páirc Uí Chaoimh for a European semi-final, which Munster Rugby chief executive Garrett Fitzgerald told the Irish Examiner he’d “love to do” if the opportunity arose, would not lead to any change in finances. It would solely be done to keep the game within the province as ticket income for the semi-final goes to the tournament organisers.
Looking ahead, an encouraging indicator for next year’s finances is the 27% extra uptake in season ticket sales, while Supporters Club membership has risen from 6,100 to 7,900 in 12 months. Still, Quinn warned: **“It’s going to be very challenging next year. We’re in discussions with the IRFU again as to what their level of funding will be. That’ll determine a lot.**
“We do need to keep investing in our team, and that’s what we’re doing.”
Kinirons said: “Second row is a position (which there’s room for investment) specifically because we lost both Donnacha (Ryan) and Dave Foley. We’d be very upset about losing Donnacha but the reality is we’re where we’re at and we’ve budgeted for a replacement.”
I’m not surprised Dan was so concerned about the recent results announcement.
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So increased gate of €2m in an exceptional year which included a home quarter final & a one off match vs the Maoris and increased attendances post the sad loss of their coach.
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An increased cost with the increased gate of €1m so only an extra €1m booked. The home QF accounted for €0.5m of this. So a year without a home QF would have been a loss.
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They are having to give away 5,000 junior tickets a match to fill the place. This accounts for a large chunk of the increased attendances.
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They’ve had to slash 10 year ticket prices by 30% to flog them.
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They are delighted now that 80% of ticket holders who have already paid are actually turning up.
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In this exceptional year, they only managed to pay off €100k of their €9.5m debt to the IRFU. Only 95 more years to go at that rate
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Alienation of the Cork supporters.
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The IRFU had to give them half of their additional grant money of €1.5m , which is obviously unsustainable if this were to drop to a 1/3 (or €1m) they’d have made a loss of €200k.
Very worrying times ahead for Munster.
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An exceptional improvement by anyone’s standards mate. Agreed
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I suppose, for a former celtic tiger banker like yourself, if the place isn’t in state ownership it’s been a good year.
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Fake news pal
Where do they allow for the increased take on matchday food, drink etc from having more patrons onsite?
How much grant did they get from IRFU in the previous year?
Are the accounts published?
some game of rugby football here between England and Argentina, one of the greatest of all time