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Mayo GAA accounts show €1.1m surplus

Sport

TIGHT REIN Mayo GAA Board Treasurer Valerie Murphy. Pic: Michael McLaughlin

Mike Finnerty

THE Mayo GAA Board have recorded a surplus of €1,102,349 for the financial year ending September 30, 2022 in their annual accounts which will be presented to the County Convention next Sunday.
Total income for the year totalled €3,798,410 with total expenditure recorded at €2,851,211.
Writing in his annual report to next Sunday’s Convention, outgoing Mayo GAA Secretary, Dermot Butler, described the accounts as showing Mayo GAA ‘is in an extremely satisfactory financial position’.
“I would like to thank Valerie [Murphy, County Board Treasurer] and her Finance Committee for the work that they have done during the year by keeping a tight rein on spending and having proper procedures in place.
“I also wish to acknowledge the enormous amount of work Michael Diskin, our Assistant Treasurer, does in relation to the payment of player expenses, the Club Development Draw and organising the gatemen for our [club] championship. I would also like to thank our Audit and Risk Committee for the very important work they have done throughout the year.”
Some of the headline figures in the annual accounts include: a €501,437 increase in Commercial Income, which includes royalties (up €362,097) and Mayo GAA TV (up €99,221); and an increase of €462,069 in Gate Receipts, (this was largely down to a return to full attendances and all match tickets being pre-sold online).
‘Other income’ accounted for €400,302 (from club affiliation fees and insurance, club contribution - referee expenses, coaching, Cúl Camp and sundry income) while Central Council grants (€209,341) and Connacht Council Grants (€223,460) featured prominently in ‘Income from Associated Bodies’.
In terms of expenditure, ‘Team Administration expenses’ for 2022 were €1,083,506, up €100,000 — despite the fact that the 2021 financial year covered two All-Ireland Senior Football Finals.
That figure covers the Mayo senior footballers and hurlers; Under-20s, Under-17s and Development squads.
The Mayo senior football team, who played 13 competitive games in 2022, cost €644,078 to run.
This figure was made up of: Player Mileage (€169,433), Team Management (€47,516), Backroom Team Personnel (€148,819), Meals/Catering/Nutrition (€97,025), Travel & Accomodation (€71,840), Gear & Equipment (€50,585), Facility Hire (€7,560), Medical (€51,000) and Sundry Costs (€300).

KEY NUMBERS
€1,102,349
THE surplus recorded by Mayo GAA for the financial year, ending on September 30, 2022. This is an increase of just under €600,000 on the previous year.

€1,388,312
INCOME generated from commercial activities, primarily as a result of royalties which jumped by more than €350,000 on the previous year.

€528,347
INCOME generated from fundraising in 2022. This was down by over €290,000.

€1,083,506
TEAM Administration expenses. This figure was up by €100,000 on the previous financial year, which had included two All-Ireland Senior Final appearances.

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