Mayo GAA International Supporters Foundation has given Mayo County Board a deadline of 5pm today to accept an offer that would see the Foundation invest at least €1million in Mayo GAA over the next five years.
In a letter seen by Midwest Sport the Foundation recommended an EGM be held this Friday to allow the clubs of Mayo GAA to vote on the offer if Mayo GAA executives rejected the offer.
The financial offer has been made despite an ongoing dispute between the parties that currently sees €250,000 raised by the Supporters Foundation being withheld from the Mayo County Board.
The Foundation now says it has received separate pledges of €500,000 and €250,000 from both a new and an existing donor, which puts it in a position to commit the seven figure sum to Mayo GAA activities.
The Foundation has confirmed the offer was made in a letter sent last Tuesday to Charlie Gilmartin, solicitor to Mayo County Board, but several conditions were attached, including:
An explanation to be given by Mayo County Board of how a personal donation of €150,000 that it received from Tim O’Leary, chairman of the Mayo GAA International Supporters Foundation, was used.
An independent audit of Mayo GAA’s financial accounts is carried out for the past three years.
A status report is provided on current sponsorship deals with a commitment that all future deals go through a competitive bid process.
That the Foundation is allowed provide independent oversight of the bid process for all sponsorship deals.
That Mayo County Board provides a detailed status report on both the Lough Lannagh (Centre of Excellence) and Academy projects.
Meanwhile, Mayo GAA and the International Supporters Foundation were due to meet with GAA Officials in Croke Park today but the meeting was adjourned when a member of the Foundation could not attend due to work commitments.