Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: Finbarr Kirwan

#OLYMPICS - Yesterday Ireland's Olympic hopefuls celebrated recognition of their success in the 2012 round of funding.

But cuts to the budget of the Irish Sports Council (ISC) have prompted a "major" review of high performance programmes from 2013 onwards, the Irish Independent reports.

Finbarr Kirwan, director of high performance at the ISC, said: "Changes are coming, things are tight and we will have to make strategic cuts in the next two years."

The result could be fewer grant awards of lesser value for athletes, as Olympic qualification standards are set to get tougher from here on out.

The two tiers below 'podium class' - in which individuals receive awards of €20,000 and €12,000 respectively - are expected to be hardest hit in the review.

As previously reported on Afloat.ie, canoeing's Eoin Rheinisch, swimmer Grainne Murphy and sailors Annalise Murphy, Peter O'Leary and David Burrows each received the top level of funding of €40,000 each, which is on a par with last year's support.

The Irish Independent has more on the story HERE.

Published in Olympics 2012

About the Endurance II Replica Project

An Irish project has been launched on the 150th anniversary of explorer Ernest Shackleton's birth, to build a replica of his ship, Endurance II, in County Kildare.

The project has high-profile patrons such as the Prince Albert II of Monaco, Alexandra Shackleton (Shackleton's granddaughter), and Richard Garriott, the President of the Explorer's Club.

The project is still at the concept stage, so the estimated cost of construction, which is expected to be around €14m, and the annual operational budget of €1.5m are not yet confirmed.

The project organisers are seeking $600,000 (€556,350) from 12 "founders," who will each contribute $50,000. The chairman of private investment firm Kilcullen Kapital Partners, Galway-born O’Coineen, bought the Business Post newspaper in 2018.