Taxpayer to foot €700m bill for Convention Centre Dublin Review of venue's costs suggests that it is worth only €100m

The 20-year licence to operate the Dublin Convention Centre and control its income stream is being sold for in the region of €100 million.

10th August, 2014
Convention Centre Dublin: taxpayers on the hook for its running costs, according to new analysis.

The €100 million price tag put on the lease for the Convention Centre Dublin suggests that taxpayers are on the hook for hundreds of millions of euro more than it is actually worth, a review of its costs shows.

To date, the state has paid €186 million for the running and management of the convention centre, figures obtained from the OPW on Friday show, and is paying €3.9 million each month or almost €47 million...

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