JP McManus built the Rugby Experience as a public monument. Limerick's council walked a fine line to outline liabilities without criticising his generosity.
Through a series of Davy-linked British Virgin Islands and Irish companies, The Currency has traced the involvement of companies and individuals closely linked to the Limerick-born billionaire with the shopping centre and related property vehicles.
On the day after its managing director resigned, Novellus appointed receivers to “one of the most impressive” farms in Co Louth. The landowner is now threatening court action.
While the Limerick businessman is in Cheltenham watching his horses run, the UK- and Dublin-based lending arm of his family office is funding more and more property deals all over Ireland.
The game of backgammon, oddly enough, provides the most telling insights into the personality and strategies of JP McManus.
Cork play Limerick in the the All-Ireland final this weekend. The All-Ireland champions have been funded by Swiss-based billionaire JP McManus and is the amateur game of myth and legend now dependent on money more than ever?
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