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Wednesday 8 February 2023 Dublin: 8°C

# In the red

All time
# In the red
'The past year has proved very damaging' - GAA report combined deficit of €34.1m after 2020 season
The association’s 2020 financial report was launched today.
# In the red
'Utter carnage' on financial markets continues as oil and coronavirus combine to deliver 'Black Monday'
In early trading, more than £140 billion was wiped off FTSE 100 companies.
# In the red
Fahey on Goodison revenge mission after Anfield derby dream turned sour
The experienced Ireland international is hoping for better fortunes against Everton this afternoon.
# In the red
Cork County Board secretary says €550,000 deficit represents 'crisis-point'
Kevin O’Donovan admitted ‘it’s not sustainable to continue with losses indefinitely’.
# In the red
RTÉ says covering papal visit and World Cup added to money woes as it reports €13 million deficit
Director General Dee Forbes said there is a significant need for a complete revamp of the licence fee system.
# Mars One
That plan to make a colony on Mars and film it for reality TV has gone bust
The company is in the red, as it were.
# Northern Exposure
Scarlets snap up a second Cheetahs star for next season
The Welsh region will lose Tadhg Beirne, Scott Williams and John Barclay this summer, but they’ve looked to the Pro14 new boys to bolster their ranks.
# Examinership
Companies that own Galway's G Hotel and Eye Cinema owe €690 million to bank, court hears
The High Court heard that Deutsche Bank is owed over €690 million by the group of companies.
# In the red
Rio ticketing scandal costs the Olympic Council of Ireland €1.5 million - and it could rise
The organisation published its financial results ahead of the AGM tonight.
# money due
Pressure mounts on Church to 'pay up' on sexual abuse redress as Taoiseach says 'get on with it'
Taoiseach Enda Kenny said the Church needs to reflect on the commitment it made in 2002.
# In the red
London Welsh kicked out of English professional rugby
A hearing last year revealed the club owed over €100,000 and the RFU were not satisfied by their repayment plan.
# In the red
Ireland's local authorities are over €4 billion in debt
Minister Simon Coveney says he doesn’t believe that any of the loans are unsustainable.
# Every Little Helps
Tesco sales in Ireland are turning positive for the first time since 2012
The supermarket giant had its first quarterly UK sales growth in three years.
# In the red
In the Premier League just three years ago, now Bolton can't pay their players
The struggling Championship club are desperate to find some new investment.
# In the red
Clubs seek legal advice after insolvent race management company leaves them high and dry
Precision Timing were one of the leading race management firms in the country and supplied services to more than 160 events annually.
# In the red
Merseyside derby conjures another draw as awful error costs Liverpool once again
Danny Ings gave the guests the lead before Romelu Lukaku equalised almost immediately.
# Money Money Money
Twitter's biggest problem? The way that people think about it
Oh, and the fact that it needs to make money.
# In the red
Irish people easily have the worst mortgage debts in the eurozone
CSO figures also revealed that young people are carrying too much debt.
# In the red
Sligo Rovers have signed a former Chelsea striker
Morton Nielsen moves to the Showgrounds from the German third division.
# In the red
HSE reports €163m deficit for first five months of the year
Latest patient and financial figures show scale of the task facing the new Health Minister…
# Restructuring
Strong PS4 and smartphone sales not enough to keep Sony out of the red
The company lost €916 million during its fiscal year to March, and expects to lose €356 million net loss over the next twelve months.
# In the red
Poor Wii U sales sees Nintendo lose €164m in fiscal year
The company moved 2.72 million Wii U consoles globally over the 12 months through March, less than a third of the 9 million it originally predicted.
# In the red
Liverpool FC losses near £50million
The majority of the shortfall comes as a result of ‘exceptional items’, which included £8.4m spent on sacking Roy Hodgson last season.
# In the red
Taking Stick: Rebels with a cause
Cork have been hugely impressive in 2012 as Jimmy Barry-Murphy continues the work of Denis Walsh and sees one of his older heads make the difference against Tipperary
# In the red
Six firms collapsed each day in the first quarter of this year - report
Half of the 31,070 companies that were stress-tested by a risk analyst firm in the first quarter of this year were deemed “high risk”.
# HSE
HSE rolls back on expenses row
The HSE had said that it wouldn’t pay travel expenses to its staff – but reversed the decision following a meeting between the Minister for Health and the head of the HSE.
# In the red
Dow disaster: 632-point drop is the 6th-worst in history
The Dow Jones ends its day deep in the red, as the S&P loses 6.6 per cent and the NASDAQ sheds nearly 7 per cent of its value.
# In the red
Glazers could raise £400m in partial United sell-off
The Glazer family are reportedly preparing to float a quarter of their holding on the stock exchange, helping to pay off the club’s debt.
# In the red
The world's richest man lost €5.6 BILLION this week
It’s fine, though: Carlos Slim and his family are still worth €46.5bn – the equivalent of 4.5 per cent of Mexico’s total economic output.