Roscommon GAA has turned a significant corner with the news that the interim finance committee appointed by Croke Park to oversee their affairs has stood down.
County board officials were last month handed back full financial control of their financial affairs by Croke Park.
Interim finance committee chairman John Murphy complimented the massive efforts of Roscommon in completing a remarkable financial turnaround in just over three years.
Since 2017, the interim finance committee has assisted the Roscommon board in monitoring and managing significant income and expenditure items.
In this time regular financial scenario planning has taken place with a long-term framework recommended.
At Roscommon's 2017 convention, it was revealed Croke Park’s committee had to step in to stem a €550,000 creditors’ bill the county had run up.
Since then, however, the collective efforts of the county board and Club Rossie Supporters Group have been immense.
In the midst of a global pandemic, Roscommon GAA officials and their supporters’ organisation, Club Rossie, delivered over €905,000 profit for the county board as 2020 drew to a close with a house draw for a property in London.
The success of this draw followed their previous house draw in 2018, for a property in Dublin, which yielded €943,000 in profit.
The latter figure was used to clear existing debts and creditors and the funds from the most recent initiative will go towards the development of the Dermot Earley Centre of Participation and upgrade of Dr Hyde Park.
"Now back with full financial control, the Roscommon county board now looks forward to a stable financial future," a statement from the board read.
"Roscommon GAA are the envy of many counties due to the very strong commercial and fundraising arm, Club Rossie, which has raised €2.1 million (net) during the past three years.
"This committee, working alongside the county board officers, the county executive and all the clubs within the county are responsible alongside our two main sponsors, Seán Mulryan and Tom Hunt, for reverting Roscommon GAA to a stable financial footing."
One of the key drivers of the county’s success is former Roscommon footballer and treasurer David O'Connor, who has helped steer the county through turbulent times.
"We have terrific supporters, are blessed with two wonderful main sponsors in Seán Mulryan and Tom Hunt, and with Club Rossie going from strength to strength each year, the future looks bright," O’Connor said.
Roscommon GAA will now proceed to appoint a new finance committee in 2021.
An audit committee will also be appointed with external independent members to oversee and review regularly how the Roscommon GAA county board is running its affairs.
"This will ensure continued good governance. Both committees will be confirmed by the county committee over the next few weeks and then the make-up of these committees, along with all our other sub-committees will be announced," the statement concluded.
Roscommon GAA chairperson Brian Carroll said the challenge is to now ensure that their financial situation stays in a healthy state while continuing to progress the GAA in Roscommon, both on and off the playing field.