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Galway To Bid For Third Volvo Ocean Race Visit In 2020

12th January 2014
Galway To Bid For Third Volvo Ocean Race Visit In 2020

#VOR - Among the future plans for Galway as part of the masterplan for the city's port submitted last week is the intention to bring back the Volvo Ocean Race for the third time, as the Irish Independent reports.

Galway harbour master Capt Brian Sheridan says 2020 would be the earliest that Galway could bid for a stopover place in the event that it previously hosted in 2009 and 2012, the latter reportedly generating some €60 million for the local economy and attracting a global audience of over 1 billion.

What's more, Galway Harbour Company chief Eamon Bradshaw has intimated that the idea of integrating the harbour with the city, which lies at the heart of the masterplan, only took off with the first visit of the round-the-world yacht race to the City of the Tribes.

As previously reported on Afloat.ie, the new harbour development scheme will see land reclined from Galway Bay to provide much needed berthing space for expansion, as well new projects like a proposed "mii Sydney Opera House" that would host VOR-related events should the next bid be successful.

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5 comments

  • Comment Link Alan Dunne 31st January 2014 posted by Alan Dunne

    To think that anyone would want to insult the people of Galway by attempting a third effort to get it right is beyond a JOKE.The Volvo Village was simply the Fine Gael/Labour idea of the Bertie Tent in Ballybrit. Half the major events were by invite only, and the family events were over-priced rubbish in a field of MUCK.

  • Comment Link Sean 14th January 2014 posted by Sean

    Lot of local companies left out of pocket by the way it was managed in 2012 so dont think there will be so much support to bring it back to Galway unless people are paid for what they are still owed for 2012. No contact whatsoever from previous management in 2012 yet do they think it will be forgotten about and people will welcome the Volvo Ocean Race back??
    €4 million of Global marketing might sound good but tell that to local companies who had bear the cost of very poor management. It was a joke how it was run and there has been no comment by the company or directors since on how it will pay suppliers for what they owe.
    Calling it unfortunate or a learning curve is insulting to those who are still to this day owed money.

  • Comment Link Gillian McGrath 14th January 2014 posted by Gillian McGrath

    Think positive? Really? Really? A €0.5 million loss is 'unfortunate' - 'a learning point for next time'? Why would you be so flippant, especially about peoples' livelihoods? That was a pretty expensive learning curve and most unfortunately there were suppliers on the receiving end of the incompetence. Suppliers who would have had a reasonable expectation that commitments, once made would be honoured. Suppliers who ( not unreasonably) expected that if government was prepared to invest then the basic threshold of capacity to deliver the project on budget must have been in place and suppliers whose staff and families suffered for the learning of people who had no right to even attempt to undertake such a project without the capability to fully deliver.

    As for your attempt to justify the 'investment' on the basis of economic impact, your research is decidedly flawed. I know you'll protest that NUIG did it, but they're only as good as the information they received and 'garbage in - garbage out'. Your research claims €35.5 million direct economic impact based on 800,000 visits to the race and global villages which does not factor either repeat visits or the fact that the same people visited both (and were therefore counted twice). You also don't factor in displacement. I'd go with the Volvo Ocean Race's research which found a much more realistic €19.54 million direct economic impact. Except that won't support the ROI claim though - oh well let's all think positive instead........

  • Comment Link Ted 13th January 2014 posted by Ted

    4 million was cheap for the amount of global marketing Ireland received from the event. Also the tax generated on the investment from the money spent in the local economy more than re paid the governments investment (not including future spends from return visitors). Work it out at the lower VAT rate and the figures add up. The other point about 0.5 million debt is very unfortunate but must be used as a learning point for next time and not as something to prevent its return. Both events were a massive success and third time around will be even better! Think positive Gillian.

  • Comment Link Gillian McGrath 13th January 2014 posted by Gillian McGrath

    Ha ha ha ha ha - too funny by far - bit early for an April fool though don't ya think?

    But seriously what about the €0.5 million in debts which were incurred because 2012 was so incompetently managed. What about the fact that in 2012 government handed over €4 million in public money to a company with only 2 directors! On what planet is that good governance?

    Wouldn't you think the recent debacle in Limerick would have chastened them? What happened in Galway in 2012 makes the carry on in Limerick look like tiddlywinks!

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