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CLRG lost €717K in 2024 due to legal fees from a 2022 scandal, risking its survival if lawsuits continue.
The Irish dancing governing body, CLRG, reported a €717,796 loss in 2024, primarily due to a €500,000 provision for potential legal costs tied to the 2022 feis-fixing scandal.
Cash reserves fell to €326,381, and a shareholder deficit of €111,274 emerged, with auditors warning of material uncertainty over the organization’s long-term viability if multiple legal cases proceed.
Despite cost-cutting, increased registrations, and improved revenue, CLRG cautioned that ongoing litigation could threaten its survival, though leadership remains confident in recovery through financial reforms and better cash-flow forecasts.
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CLRG perdió €717K en 2024 debido a los honorarios legales de un escándalo de 2022, arriesgando su supervivencia si las demandas continúan.