Media

RTÉ board raise warning that broadcaster is ‘recklessly trading’

Newly released documents show that Catherine Martin’s department was informed of the issue last November

It was estimated that RTÉ required €61 million in interim funding until the end of next year due to a shortfall in licence fee revenue and other financial shortfalls. Picture: PA

RTÉ board members raised concerns late last year that the broadcaster is at risk of “reckless trading”, the Business Post can reveal.

Siún Ní Raghallaigh, former chair of the board, raised the issue of potential “reckless trading” by the broadcaster with the Department of Media, newly released records of an November RTÉ board meeting show.

The discussion about potential reckless trading came following an update to board members by Mike Fives, group financial controller of ...