Casement Park: Finance

(asked on 17th June 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Spending Review, published on 11 June 2025, whether the funding allocated to Casement Park is a (a) grant or (b) loan; whether a payment will be made to the (i) Gaelic Athletic Association or any body associated it or (ii) the Northern Ireland Executive or any Department associated wth it; and whether the UK Government will require any subsequent repayments or returned profits from activities at the Stadium when completed.


Answered by
Darren Jones Portrait
Darren Jones
Chief Secretary to the Treasury
This question was answered on 20th June 2025

The UK Government has provided £50m of Capital Financial Transactions funding to redevelop Casement Park. The UK Government will continue to work with the Northern Ireland Executive, however it is up to the Executive to design and implement the Financial Transaction. The Financial Transaction will be provided to the Executive on a net basis, it does not need to be repaid to the UK Government and the Executive can recycle any repayments indefinitely.

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