19 April 2024 The Irish Film & Television Network
     
No Final Decision on Proposals to Sell Up to €50m Worth of Land on RTÉ Site
24 Nov 2016 :
Earlier this year it emerged the board of the national broadcaster was considering the sale of up to 10 acres of its land which is considered prime for development.

But RTÉ chiefs have yet to make up their minds on proposals to sell up to €50m worth of land at the Montrose base.

On Tuesday 22nd November, RTÉ director general Dee Forbes and its chief financial officer Breda O'Keeffe appeared at the Oireachtas Joint Committee on Communications, to talk about the future of funding for the media.

When asked by members of the committee about the stage of plans to sell the land Ms O'Keeffe, said “No final decisions have been made.”

However, she insisted that should it be sold, the money would go to RTÉ's capital spending and not to fund the day-to-day costs of running the broadcaster.

“I would go as far as to say it would be reckless if funding from the sale of lands (would go on day-to-day costs),” Ms O'Keeffe said.

She said the sale of the lands would go towards addressing a capital funding shortfall.

And she also said planning permission has already been granted for the development of a crèche on the site.





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