License fee for staging the 2027 Ryder Cup at Adare Manor will cost Irish taxpayer € 22.5m
The Centennial Ryder Cup will be played at Adare Manor in 2027, and while former Sports Minister Shane Ross said two years ago it would cost the taxpayer € 50m, current minister Catherine Martin detailed how this money will be spent, including the cost of the European tour event license fee.
In a written response to Dail’s questions from TD Social Democrat Catherine Murphy, Minister of State Jack Chambers said the government had agreed to pay the European Tour an event license fee of $ 22.5 million. euros.
Mr Chambers said the payment of 22.5 million euros was split into several installments and that 3.2 million euros had been paid in 2020 and 2,755 million euros in 2021.
Payment levels similar to 2021 are envisaged for each year between 2022 and 2027 for a total royalty payments of 22.5 million euros, excluding VAT which is paid to the Irish Exchequer.
Additional financial support of 8.5 million euros is also provided for the Irish Open and the Challenge Tour and Legends Tour events planned in Ireland until 2027 inclusive.
Marketing of the event will also be a key part of the hospitality preparations and a budget of 8 million euros will be provided for marketing through and with the European Tour.
“Apart from this, an operational budget will be needed to support the setting up of the event to cover issues such as policing, support from local authorities, provision of transport as well as an opening ceremony and a fanzone, ”Chambers said.
“This support will allow Ireland to maximize the opportunity this tournament offers Ireland, the Mid-West and the City and County of Limerick.”
Minister Catherine Martin attended the 2021 Ryder Cup at Whistling Straits as part of a visit to the United States promoting Ireland as a tourist destination organized by Tourism Ireland.
Although there are weekly emails and calls with the owners of Adare Manor, she last met them in December 2019, while the last in-person meeting with the European tour was before the pandemic in London in January 2020.
The Ryder Cup is expected to generate at least 100 million euros in benefits for the economy.
When Ireland first hosted the Ryder Cup at K Club in 2006, the total economic benefit was € 143 million, according to a Deloitte report commissioned by Fáilte Ireland and Ryder Cup Europe, amounting to € 13 million more than expected.
According to the European Tour, the 2018 Ryder Cup in Paris injected around 236 million euros into the French economy, 120 million euros more than the 2014 matches at Gleneagles.
European Ryder Cup Director Guy Kinnings said: “The significant increase in economic activity in 2014 in Scotland also underscores the continued growth in the global appeal of the Ryder Cup as one of the most major sporting events in the world.
The 2023 Ryder Cup will take place at the Marco Simone Golf Club on the outskirts of Rome with the shock of 2025 at Bethpage Black in New York.