Insolvent RTE gone to the dogs
Irish Daily Mirror|August 15, 2023
Yates: Station will run out of cash
SANDRA MALLON
Insolvent RTE gone to the dogs

IVAN Yates believes RTE will "run out of cash by December" and maintains the organisation become "insolvent".

The ex-minister said the broadcaster was heading for a "crisis" because it has borrowed €95million of its €100million limit - and he fears for the 1,800 staff.

Former Tonight Show host Ivan, 63, also weighed in on Ryan Tubridy's potential return to the station - adding "he needs RTE more than RTE needs him".

Giving his view on the pay scandal engulfing Montrose, Ivan said: "I think the public are missing the point here.

"With each passing week, the whole debate about Ryan Tubridy is deck-chairs on the Titanic. It is now facing a cash shortfall of €50million.

Denne historien er fra August 15, 2023-utgaven av Irish Daily Mirror.

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Denne historien er fra August 15, 2023-utgaven av Irish Daily Mirror.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.