Coronavirus: IRFU to make €500k available to help clubs deal with financial fall-out
Clubs to enjoy four-month four-month moratorium on loan repayments
Galwegians’ Michael O’Donnell after his side’s recent Energia All-Ireland League Division 2B game against Dungannon at Crowley Park in Galway. Photograph: James Crombie/Inpho
The IRFU is to make €500,000 available to clubs to deal with the financial fall-out from the coronavirus pandemic and will also put in place a four-month moratorium on loan repayments starting from April 1st.
In a statement released on Tuesday evening, the IRFU outlined its plans to help the amateur game in the country and also encouraged clubs to make use of any government assistance available.
A total of 56 clubs have loans with the IRFU through its Financial Assistance Scheme, with the moratorium amounting to €150,000 in payments over the four-month period.