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IRFU make €500,000 Available to Clubs Hit By Covid-19 Season Cancellation

first_imgTwitter RugbyIrelandNewsSportIRFU make €500,000 Available to Clubs Hit By Covid-19 Season CancellationBy Raffaele Rocca – March 25, 2020 74 Advertisement Facebook WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads TAGSCoronaviruscovid19IRFUIrish RugbyKeeping Limerick PostedlimerickLimerick PostRugby Print WhatsApp Previous articleSpeech of An Taoiseach, Leo Varadkar with stricter guidelinesNext articleEvery household in Ireland to receive COVID-19 information booklet Raffaele Rocca RELATED ARTICLESMORE FROM AUTHORcenter_img A general view of a rugby ball. Photo by Diarmuid Greene/SportsfileThe Irish Rugby Football Union has said it will make €500,000 available to clubs due to the cancellation of the season following the Covid-19 crisis.After reviewing it’s financial position and agreeing on a way forward, Domestic Games Director Colin McEntee will inform clubs of the application process.Sign up for the weekly Limerick Post newsletter Sign Up The union will also provide clubs with additional guidance and advice in relation to maintaining their clubs during what is very much unchartered waters.Irish Rugby will continually assess the financial implications and damage caused by the crisis across all strands of the game nationally with the duration of the corona crisis being a key factor in any recovery.The IRFU issued the following statement on their website.The 2019/20 domestic season concluded last week with a number of fixtures outstanding. Current government restrictions also prevent clubs from running important fundraising events.We know that this has placed many clubs in a difficult financial situation, particularly with regard to cashflow.The IRFU’s revenue stream has been severely curtailed, however we want to support clubs as much as we can.What are the IRFU doing for clubs?1. We have agreed to funding of €500,000 to be made available to clubs. We will come back to you with further detail as soon as is practicable.2. We will put in place a moratorium on all club loan repayments for four months from April 1st.Loans in excess of €4 million have been made available to clubs by the IRFU under its current Financial Assistance Scheme. A moratorium on all club loan repayments will be put in place for a period of four months, effective from April 1st, 2020. This will benefit the 56 clubs with payments outstanding to a value of over €150,000 during this period.What can clubs do?The IRFU encourages all of its clubs to draw on any government assistance available to them.There are a range of support schemes for organisations impacted financially from coronavirus.The Department of Business, Enterprise and Innovation has outlined a number of Government supports for COVID-19 impacted businesses including:• Credit Guarantee Scheme• Loans for microenterprises• €200m SBCI COVID-19 Working Capital Scheme• €200m Package for Enterprise Supports• Advice for engaging with revenue, checking insurance covert, talking to your bank and taking immediate steps to manage your cashflows.The IRFU are in ongoing contact with Sport Ireland and will provide updates with specific information on how this relates to rugby.Clubs are advised not to contact provincial branches in relation to funding until an update has been provided centrally from the IRFU.The post IRFU make €500,000 Available to Clubs Hit By Covid-19 Season Cancellation appeared first on Sporting Limerick. Linkedin Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick’s National Camogie League double header to be streamed live Limerick Ladies National Football League opener to be streamed live Email Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Donal Ryan names Limerick Ladies Football team for League openerlast_img read more

Luxury lifestyle is on offer from two-storey East Brisbane penthouse in a boutique complex

first_img18/215 Wellington Rd, East Brisbane.Glass bi-fold doors open the main bedroom out to a wraparound balcony with both covered and uncovered areas overlooking the city and Brisbane River. This balcony offers 180-degree vistas and combines with a terrace, which features a second kitchen, media capabilities and built-in barbecue. 18/215 Wellington Rd, East Brisbane.The entry flows into an open-plan living and dining room with panoramic city views and river glimpses. This space is combined with a kitchen that boasts stone benchtops, European appliances, a breakfast bar and ample cabinet space. Sliding glass doors lead out to a large covered balcony overlooking the CBD. More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoAll three bedrooms on the lower level are draped in soft carpet and feature private balconies. Two bedrooms have built-in wardrobes and share a modern bathroom with glass-enclosed shower, while the third bedroom boasts a walk-in wardrobe and an ensuite. The upper level is reached via floating timber stairs and is comprised of two distinct areas. The main bedroom is the ultimate retreat with plush carpet and a walk-in wardrobe. Its glamorous ensuite includes a double vanity, frosted-glass shower, freestanding bathtub and space for a built-in second laundry. 18/215 Wellington Rd, East Brisbane.18/215 Wellington Rd, East Brisbane THIS two-storey penthouse at Wellington Rd, East Brisbane, epitomises the convenience, luxury and comfort of living near the Brisbane River. Part of a boutique and pet-friendly apartment complex, it is one of only 18 apartments and boasts a prime location 2km from the Brisbane CBD. A timeless and minimalist white palette flows throughout the residence, complemented by polished tiles, plantation shutters and ducted airconditioning. center_img 18/215 Wellington Rd, East Brisbane.The apartment has two side-by-side car spaces in the basement garage, along with additional storage sheds. It also grants access to the complex’s gym, sauna, pool and barbecue pavilion. Agent Christine Rudolph called this a superb executive-style oasis with an ideal inner-city locale close to restaurants and boutiques. “Capable of hosting more than 100 guests on its private rooftop, this is a dream residence for social and luxurious living,” she said.last_img read more