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I 100% agree.Absolutely agree. If Munster got to a semi final in Europe the IRFU would want the stadium rental fee from EPCR. As stakeholders in EPCR, they'd get it.
The reason a game against Leinster in Pairc Uí Chaoimh could be a runner is because Munster won't want to play a home Pro 14 game in Dublin against their biggest rivals. If a game in PUC can make Munster more money than a game in Thomond Park, Munster should look into the possibility. I've no idea if it would or not. For example, Leinster need to clear 30000 fans in the Aviva Stadium in order to make more than a full house in the RDS.
But it has been assessed and believe it or not a sell out in Thomond Park is worth a lot more to IRFU than PUC. There was a study done and after you factor in rent, loss of corporate package and bars income outside you earn in region of €300k-400K less.
That was before you consider any other items.
For European Semi you also would need to put in seats in the terraces of PUC as there is a requirement for 25k seats. So renting these and putting them in as well as the above mentioned plus the IRFU would loose out on rent.
It does sound good and I was 100% in favour of it (and used to be one of the "IRFU only want it all in Dublin") but when you do the maths which I'm surprised Donal didn't mention you'd be aiming to create a carnival atmosphere at a substantial loss.